HarbourVest Partners, a global private markets asset manager, has appointed Paula Drake as managing director and general counsel.
Drake will oversee all aspects of HarbourVest’s legal and compliance functions across the globe.
“As HarbourVest continues to grow and expand our solutions and investment capabilities, our primary focus remains on delivering high-quality service to our clients and partners, and this includes staying ahead of changing regulatory dynamics in the global private markets,” says John Toomey, managing director, HarbourVest. “We already have robust legal and compliance functions in place, as well as a strong control environment, and with the addition of Paula to the team we look forward to raising the bar even higher in these areas going forward.”
In her more than 27-year career, Drake has extensive experience in the alternative assets market, with sophisticated awareness of global legal and regulatory functions.
“In an increasingly globalised investment world, varied and changing local regulations can cause complexities for businesses, especially in the alternative asset management industry,” says Drake. “I’ve spent my career navigating these legal and regulatory waters to help firms grow and I look forward to leveraging my experience to play an important role in HarbourVest’s evolution.”
