BOSTON–(BUSINESS WIRE)–HarbourVest Partners, a global private markets asset manager, today
announced that Vinay Mendiratta has joined the firm as a Managing
Director. Based in Boston, Mr. Mendiratta will focus on business
development with distribution partners in the US to help private clients
achieve their private markets objectives.
“Over the past decade, wealth management firms have sought greater
exposure to private markets for their family office, private bank,
wealth management, and institutional clients, and HarbourVest has a long
track record of helping them meet their clients’ private market
investment objectives,” said John Toomey, Managing Director, HarbourVest
Partners. “This is a critical part of our strategic vision for the Firm
and Vinay’s deep experience with this market segment will further
strengthen our ability to serve this client base and we are excited to
welcome him to the team.”
Mr. Mendiratta has nearly 30 years of experience in private equity and
alternatives distribution in both the wealth management and
institutional channels. Prior to joining HarbourVest, he was Head of
Wealth Management Sales at Adams Street Partners, responsible for
strategy and development of the firm’s wealth management business.
Before that, Mr. Mendiratta held the role of Head of Wealth Management
Platform Distribution at York Capital Management. His other experience
includes leadership positions at ING Investment Management, Merrill
Lynch Investment Managers, among other Firms.
Mr. Mendiratta received a BA in Economics and Political Science from
Duke University and an MBA in Finance from Columbia University.
HarbourVest is an independent, global private markets investment
specialist with 36 years of experience and more than $58 billion in
assets under management, as of March 31, 2019. The Firm’s powerful
global platform offers clients investment opportunities through primary
fund investments, secondary investments, and direct co-investments in
commingled funds or separately managed accounts. HarbourVest has more
than 500 employees, including more than 125 investment professionals
across Asia, Europe, and the Americas. This global team has committed
more than $35 billion to newly-formed funds, completed over $19 billion
in secondary purchases, and invested over $9 billion directly in
operating companies. Partnering with HarbourVest, clients have access to
customized solutions, longstanding relationships, actionable insights,
and proven results.