Harbourvest Partners, LLC (Boston)

Name: Harbourvest Partners, LLC
Address: One Financial Center, Boston, MA, 02111
Telephone: 617-348-3707

Harbourvest Partners, LLC is a large advisory firm based in Boston. It manages $58.52 billion of regulatory assets for 171 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Massachusetts.

Harbourvest Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Harbourvest Partners: assets under management

The assets under management (AUM) of Harbourvest Partners, LLC is $58.52 billion. The firm's AUM has grown by 1296% since the beginning of its operation, and $23.75 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $51.79 billion in discretionary accounts and $6.73 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $352.31 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $280.59 million.

Harbourvest Partners has custody of $57.55 billion in cash and securities for 167 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Harbourvest Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Harbourvest Partners serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Harbourvest Partners is pooled investment vehicles with 167 clients and $57.55 billion of assets under management. Among the 8 most similar advisory firms, Harbourvest Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $58.52 billion for 171 clients. 44% of the firm’s clients are foreign persons or businesses.

Harbourvest Partners also advises several private funds. Namely, one real estate fund and one hundred sixty five private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000,000.

Careers at Harbourvest Partners, LLC

The company employs 462 people that are either part- or full-time employees. 28 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 10 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Brooks Zug	Senior managing director	1 Jan 1997	Other	4345304
Edward Walter Kane	Senior advisor	1 Jan 1997	Other	4345299
George Rupert Anson	Managing director	1 Jan 1997	Other	4363413
Kevin Stephen Delbridge	Senior advisor	1 Jan 1997	Other	4363415
William Arthur Johnston	Managing director	1 Jan 1997	Other	4363419
Frederick Charles Maynard	Managing director	1 Jan 1997	Other	4363421
Robert Manning Wadsworth	Managing director	1 Jan 1997	Other	4363435
Ofer Nemirovsky	Managing director/member	1 Jan 1997	Other	4363423
Martha Dimatteo Vorlicek	Chief financial officer/managing director/member	1 Jan 1997	Other	4363438
John Michael Begg	Managing director/member	1 Jan 1997	Other	2260079
Philip Merrill Bilden	Member	1 Jan 1997	Other	4363456
Theodore Allen Clark	Managing director/member	1 Jan 1997	Other	4363460
John Gerd Morris	Managing director	1 Oct 2002	Other	5904987
Gregory Vincent Stento	Managing director	1 Oct 2002	Other	1855447
Kathleen Marie Bacon	Managing director	1 Oct 2002	Other	5905332
Peter George Wilson	Managing director	1 Oct 2002	Other	5905337
John G Morris	Managing director	1 Oct 2002	Other	5904987
Peter G Wilson	Managing director	1 Oct 2002	Other	5905337
Michael Wilson Taylor	Managing director	1 Mar 2006	Other	2502240
Kevin Stephen Delbridge	Senior managing director/member	1 Mar 2006	Other	4363415
George Rupert Anson	Managing member	1 Jul 2008	Other	4363413
Kevin Stephen Delbridge	Senior managing director/managing member	1 Jul 2008	Other	4363415
William Arthur Johnston	Managing director/managing member	1 Jul 2008	Other	4363419
Frederick Charles Maynard	Managing director/managing member	1 Jul 2008	Other	4363421
Ofer Nemirovsky	Managing director/managing member	1 Jul 2008	Other	4363423
Robert Manning Wadsworth	Managing director/managing member	1 Jul 2008	Other	4363435
Martha Dimatteo Vorlicek	Chief operating officer/chief financial officer/chief compliance officer/managing director/managing member	1 Jul 2008	Other	4363438
Philip Merrill Bilden	Managing member	1 Jul 2008	Other	4363456
John Michael Toomey	Managing director	1 Sep 2008	Other	2657684
Alex Rogers	Managing director	1 Sep 2008	Other	5905901
Brett Alan Gordon	Managing director	1 Oct 2008	Other	2727524
Alex Arthur Rogers	Managing director	1 Oct 2008	Other	5905901
Karin Jo Lagerlund	Chief financial officer/managing director	1 Oct 2009	Other	5769645
Mary Christine Traer	Chief administrative officer/managing director	1 Oct 2009	Other	2035717
Mary Traer	Chief administrative officer/managing director	1 Oct 2009	Other	2035717
Peter Brian Lipson	Managing director	1 Jan 2010	Other	2499655
Julia Hupman Ocko	Managing director	1 Jan 2010	Other	3154416
Edward Walter Kane	Senior managing director/member	1 Jan 2010	Other	4345299
Kevin Stephen Delbridge	Senior advisor/ member	1 Jan 2010	Other	4363415
Peter B Lipson	Managing director	1 Jan 2010	Other	2499655
John Michael Begg	Managing director/managing member	1 Feb 2010	Other	2260079
Tatsuya Nmn Kubo	Managing director	1 Mar 2010	Other	6173290
Tatsuya Kubo	Managing director	1 Mar 2010	Other	6173290
Edward Walter Kane	Senior advisor/member	1 May 2010	Other	4345299
Frederick Charles Maynard	Managing director/member	1 Jul 2010	Other	4363421
John Michael Begg	Senior advisor	1 Jan 2011	Other	2260079
John G Morris	Managing director	1 Jan 2011	Other	5904987
Gregory Vincent Stento	Managing director	1 Jan 2011	Other	1855447
John Michael Toomey	Managing director	1 Jan 2011	Other	2657684
Michael Wilson Taylor	Managing director	1 Jan 2011	Other	2502240
Brett Alan Gordon	Managing director	1 Jan 2011	Other	2727524
Kathleen Marie Bacon	Managing director	1 Jan 2011	Other	5905332
Peter G Wilson	Managing director	1 Jan 2011	Other	5905337
Alex Rogers	Managing director	1 Jan 2011	Other	5905901
Scott Christopher Voss	Managing director	1 Jan 2011	Other	6048919
Sebastiaan Cornelis Van Den Berg	Managing director	1 Jan 2011	Other	4001108
Philip Merrill Bilden	Senior advisor	1 Dec 2011	Other	4363456
Gregory Thomas Pusch	Chief compliance officer	1 Feb 2012	Other	6043925
Lihong Nmn Shan	Managing director	1 May 2012	Other	2938635
Lihong Shan	Managing director	1 May 2012	Other	2938635
Peter B Lipson	Managing director	1 Jan 2013	Other	2499655
Julie Kasper Eiermann	Managing director & chief data officer	1 Aug 2014	Other	1996459
Martha Dimatteo Vorlicek	Senior advisor	1 Oct 2014	Other	4363438
Senia Nmn Rapisarda	Principal	1 Nov 2014	Other	6630908
Ofer Nmn Nemirovsky	Senior advisor	1 Jan 2015	Other	4363423
Hemal Thakore	Managing director	1 Jan 2015	Other	6466982
Danielle Marie Green	Chief compliance officer	1 May 2015	Other	4386346
Min Jun Nmn Chung	Principal	1 Nov 2015	Other	6630904
Ilan Nmn Rosen	Principal	1 Nov 2015	Other	6631225
Tricia Mary Mackechnie	Managing director & chief technology officer	1 Nov 2016	Other	4590284
Paula Nicole Drake	Managing director & general counsel	1 Apr 2017	Other	4361073
William Royer	Managing director & chief compliance officer	1 Jun 2019	Other	2825949

Based in Boston

The principal office where Harbourvest Partners, LLC performs its advisory services is located at One Financial Center, Boston, MA 02111, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-348-3707 or by fax 617-350-0305. The normal business hours are 8:00 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at harbourvest.com.