HarbourVest Partners, a global private markets asset manager, has opened a new office in Dublin, Ireland.
The new Dublin office expands the firm’s global footprint to ten locations, adding to its presence in Beijing, Bogota, Boston, Hong Kong, London, Seoul, Tel Aviv, Tokyo and Toronto. Craig MacDonald, Managing Director, HarbourVest Partners will oversee operations in Dublin.
The Dublin office will operate under HarbourVest Partners (Ireland) Limited (HVPI), which was established in September 2018. HVPI is authorised by the Central Bank of Ireland as an EU Alternative Investment Fund Manager (AIFM) to conduct regulated activities within the EU on behalf of Harbourvest. HVPI will be supervised by a Board of Directors including: Peter Wilson, Managing Director, HarbourVest Partners, Michael Morris, Non-Executive Director, Craig MacDonald, Managing Director, HarbourVest Partners, and Tom Coghlan, Non-Executive Director and Chair of the Board.
“We are pleased to receive authorisation by the Central Bank of Ireland for our Irish AIFM which will ensure a seamless transition for our clients, our funds, and our business ahead of Brexit,” says Peter Wilson, Managing Director, HarbourVest. “HarbourVest has maintained a presence in London for nearly three decades and we are delighted to be expanding into Dublin, as we grow our footprint in private markets globally.”
The Dublin team will initially include eight employees from across the investment, investor relations, operations, and regulatory functions. Management of existing alternative investment funds will transition to Ireland, effective today.
