Harbourvest Partners, LLC (Boston)


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. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. 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.

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