Associate, Evergreen Portfolio Management

HarbourVest Partners; Boston (MA); Hybrid; USD 120,000 - 130,000; Full time

Job summary

HarbourVest Partners in Boston is seeking an Evergreen Portfolio Management Associate to support private equity evergreen funds. You will work with investment strategy teams and various support groups to manage portfolios, analyze diversification, and sizing within an active liquidity framework.

The ideal candidate has 3–5 years in private equity or related analysis, strong quantitative skills, and proficiency with Excel, PowerBI, and data visualization tools.

Qualifications

• Strong private equity and financial markets acumen.
• Comfort using quantitative models.
• Experience designing and maintaining reports/dashboards.
• Excellent written and verbal communication skills.
• Proficiency with Excel, Word, PowerPoint and PowerBI/MicroStrategy.

Responsibilities

• Own the fund’s model portfolio and target investment parameters.
• Analyze diversification, tactical allocations, pacing and sizing.
• Monitor portfolio against objectives and market conditions.
• Manage day-to-day liquidity, cash balance and investments.
• Communicate with fund managers and senior investment professionals.
• Create content for internal/external questions and fundraising.
• Produce external marketing content and quarterly reports.
• Assist in thought pieces/white papers for evergreen marketing.

Skills

Analytical thinking

Attention to detail

Communication

Team player

Education

Bachelor's degree or equivalent experience

Tools

PowerBI

MicroStrategy

Microsoft Excel

Microsoft Word

PowerPoint

Job description

Job Description Summary

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.

Job Description Summary

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.
In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.
We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.
HarbourVest is an equal opportunity employer.
This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed.

About Evergreen Portfolio Management

The Evergreen Portfolio Management team manages HarbourVest’s product suite of private equity evergreen portfolios. The team actively manages fund liquidity, supports new investment activity, partners with the HarbourVest salesforce to market these products to investors, and advises on the launch of new product portfolios. We are looking to expand our team amid strong momentum and growing demand for our evergreen offerings. Within the current team of six professionals, we value individuals who bring an entrepreneurial mindset are eager to have a meaningful impact at HarbourVest.
As an Evergreen Portfolio Management Associate, you will support the portfolio and fund management activities of private equity evergreen funds offered to high net worth and institutional investors. This role will work closely with our investment strategy teams as well as a wide array of teams that manage or support our evergreen fund products.
The ideal candidate is someone who is:

• An analytical problem-solver that can identify and implement creative solutions
• A self-starter who is attentive to detail and focused on the execution of responsibilities
• A team-player that is organized and can efficiently prioritize multiple projects to meet target dates with little direct supervision
• Comfortable working in an area that may not always have established precedents
• Able to communicate professionally with colleagues of all levels and across multiple teams

What you will do:

• Own the fund’s model portfolio and target investment parameters in support of evergreen fund leadership
• Analyze the fund’s investment needs related to diversification, tactical strategy allocations, pacing, investment suitability, and sizing
• Regularly monitor the portfolio against investment objectives & restrictions, and the current market environment to recommend future adjustments
• Day-to-day liquidity management including cash balance and cash investment strategy, credit line utilization, redemption considerations, and capital available to invest
• Regularly communicate with fund managers and other senior investment professionals
• Produce new content to respond to internal/external questions and fundraising efforts, particularly focused on portfolio, performance, and liquidity
• Create and review external content for product marketing including pitch decks, websites, monthly fact sheets, and quarterly reports
• Assist in the production of thought pieces/white papers to support evergreen fund marketingAnd other responsibilities as required

What you bring:

• Strong private equity and financial markets acumen
• Comfort using and understanding quantitative models
• Experience with report, dashboard, and other analytical tool design, creation, and maintenance
• Excellent written and verbal communication skills – an ability to translate technical investment and fund management concepts into clear and concise messages
• Proficiency with Microsoft Excel, Word, PowerPoint, and data visualization tools such as PowerBI and MicroStrategy

Education Preferred

• Bachelor's degree or equivalent experience

Experience

• 3-5 Years private equity, investment-related quantitative analysis, and/or evergreen fund investment experience preferred

Base Salary Range

120,000.00 - 130,000.00
This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long-term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Our total rewards offerings are influenced by several business factors, and eligibility for certain components will vary by position and geography. Please note the posted ranges do not apply outside the U.S. and should not be converted to other currencies as a proxy for compensation in other countries.