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.
This position requires a minimum of four days per week in the Boston office, excluding time spent traveling for business.
HarbourVest Partners is looking to fill an Associate role on the Private Credit investment team in Boston. We are looking for someone who has deep technical skills and is eager to learn and develop in a fast-paced deal environment. The main duties involve analyzing investments, managing the investment process and due diligence, and ongoing portfolio management. The Private Credit business has a flexible investment mandate across senior debt, junior debt, and equity co-invest to sponsor-backed middle-market companies.
The ideal candidate is someone who is:
Analytical, has excellent judgment and strong attention to detail
Capable of clear written and verbal communication
Driven by intellectual curiosity and willingness to conduct diligence on various businesses and industries
A self-starter and highly collaborative who desires to grow in a fast-paced, team-oriented environment
Demonstrates professional maturity when interacting with senior team members and external counterparties
What you will do:
Support and guide the underwriting process and company due diligence, including both primary and secondary research
Prepare financial analysis, models, and investment committee memos/presentations
Assist in the legal negotiation and closing process for new investments
Continuously monitor portfolio companies and assist in quarterly portfolio valuations and semi-annual portfolio reviews
Provide support on ad-hoc requests related to client service, fundraising, or marketing as needed
What you bring:
A professional demeanor with a stellar work ethic and charismatic personality
Natural leadership abilities to drive processes and motivate team members
Outstanding analytical skills to determine the viability of potential investments
Ability to compete in a dynamic environment with a focus on flawless execution
A collaborative approach to work effectively and efficiently
Interest in learning about the private equity and private credit markets
Education Preferred
Bachelor of Arts (B.A) or equivalent experience
Bachelor of Science (B.S) or equivalent experience
Experience
2-4 years of relevant experience in investment banking, consulting, private credit or private equity
#LI-Hybrid
Salary Range
$140,000.00 - $150,000.00This 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.
What We Do
HarbourVest is an independent, global private markets firm with 40 years of experience and more than $92 billion assets under management as of December 31, 2021. Our interwoven platform provides clients access to global primary funds, secondary transactions, direct co-investments, real assets and infrastructure, and private credit.
