HarbourVest Partners Appoints John Toomey as CEO; Co-CEO Peter Wilson to Retire in 2025
10 Mayo 2024 - 7:00AM
Business Wire
HarbourVest Partners, a global private markets asset manager,
today announced the firm has appointed John Toomey as Chief
Executive Officer (CEO) effective October 1, 2024. John Toomey and
Pete Wilson have been part of the firm’s Executive Management
Committee (EMC), which collectively serves as CEO, for more than a
decade. As part of this transition, Pete Wilson, will remain at the
firm through the end of 2025, when he plans to retire.
“HarbourVest is a special place that I have been honored to be a
part of for more than 27 years,” said John Toomey, CEO,
HarbourVest. “As part of our leadership team alongside Pete Wilson,
we’ve seen the company grow from $36B AUM to $125B AUM and increase
in size from nearly 200 to over 1200, always with a keen eye toward
our client-centric approach and company culture. I consider myself
lucky to have worked alongside Pete first as senior members of the
secondary team, and later as part of the EMC. He has been an
incredible partner and I am grateful for his knowledge and
friendship. I am excited about the opportunities in front of
HarbourVest and look forward to continuing to build on the
foundations thoughtfully laid by our founders in 1982.”
“The last 11 years working together with John on HarbourVest’s
EMC, part of a 28-year career at the firm, have truly been the most
rewarding of my career,” said Pete Wilson, Managing Director,
HarbourVest. “As part of the EMC, John and I have accomplished so
much together, and what I am most proud of us is the trust we’ve
built with our clients, general partners, employees, and our
communities throughout that time. Perhaps the greatest achievement
I will look back on is the growth we’ve experienced over the last
decade, and the remarkable people who have joined our firm. We
navigated through market ups and downs and a pandemic, while
strengthening the quality of our organization. It is that team –
and our unique culture – that will drive HarbourVest’s success in
the future, and I look forward to watching and supporting John’s
stewardship of the company as he continues this important
work.”
HarbourVest has been headquartered in Boston, MA for more than
40 years. The firm employs over 1200 employees globally across 13
offices. In mid-2025, the firm will move into its new headquarters
at One Lincoln Street in Boston.
About John Toomey About Peter Wilson
ABOUT HARBOURVEST
HarbourVest is an independent, global private markets firm with
over 40 years of experience and more than $125 billion of assets
under management as of December 31, 2023. HarbourVest’s interwoven
platform provides clients access to global primary funds, secondary
transactions, direct co-investments, real assets and
infrastructure, and private credit. HarbourVest’s strengths extend
across strategies, enabled by its team of more than 1,150
employees, including more than 230 investment professionals across
Asia, Europe, and the Americas. Across its private markets
platform, the HarbourVest team has committed more than $59 billion
to newly formed funds, completed over $53 billion in secondary
purchases, and invested over $39 billion in direct operating
companies. HarbourVest partners strategically and plans its
offerings innovatively to provide its clients with access, insight,
and global opportunities.
For further information please visit www.harbourvest.com.
Disclaimer
HarbourVest Partners, LLC is a registered investment adviser
under the Investment Advisers Act of 1940. The information on this
site is intended solely for the benefit of firms and companies
seeking private equity investment capital by providing general
information on our services and philosophy. The material on this
site is for informational purposes only and does not constitute an
offer or solicitation to purchase any investment solutions or a
recommendation to buy or sell a security nor is it to be construed
as legal, tax or investment advice. Unless otherwise indicated, any
information available through this site is as of the date indicated
therein and may not be updated or otherwise revised to reflect
information that subsequently becomes available. HarbourVest is
under no obligation to update the information contained on this
site. Additionally, the material on this site does not constitute a
representation that the solutions described therein are suitable or
appropriate for any person and HarbourVest does not accept any
liability with respect to the information.
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Andrew Hopkins 617-348-8372 AHopkins@Harbourvest.com