Associate, Evergreen Portfolio Management

Posted One Month Ago
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Boston, MA, USA
Hybrid
120K-147K Annually
Mid level
Fintech • Financial Services
The Role
Supports management of private equity evergreen fund portfolios, including portfolio modeling, investment pacing, diversification, liquidity, cash strategy, credit line utilization, and redemption planning. Monitors portfolios against objectives and market conditions, communicates with investment professionals, and develops portfolio, performance, and liquidity content for internal, external, and fundraising purposes. Creates and reviews marketing materials, reports, fact sheets, pitch decks, websites, and thought leadership pieces.
Summary Generated by Built In

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 markets evergreen portfolios. The team actively manages fund liquidity, supports new investment activity, 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 products. Within our team, we value individuals who bring an entrepreneurial approach and are eager to make a meaningful impact at HarbourVest.

As an Evergreen Portfolio Management Associate, you will support the portfolio management activities of multi-strategy private markets evergreen funds offered to high-net-worth individuals and institutional investors. The role offers significant exposure to portfolio construction, investment pacing, asset allocation, and capital deployment decisions across HarbourVest's evergreen platform.

The position is closely aligned with HarbourVest's investment platform and requires daily collaboration with investment strategy, primary, secondary, and direct investment teams. The team utilizes advanced portfolio analytics and data-driven decision making to evaluate portfolio construction, monitor portfolio positioning, and inform fund management decisions.

The ideal candidate is someone who is:
  • An entrepreneurial self-starter who is attentive to detail and execution-focused

  • A team player who is organized and can efficiently prioritize multiple projects to meet target dates with little direct supervision

  • An analytical problem solver who can identify and implement creative solutions

  • Comfortable working in an environment where established precedents may not always exist

  • Able to communicate professionally with colleagues of all levels and across investment teams, sales teams, and operations teams

What you will do:
  • Manage portfolio liquidity, including cash balances, liquidity risk limits, cash investment strategy, credit line utilization, and investable capital across various multi-strategy private markets evergreen portfolios

  • Own 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 investment sizing

  • Regularly communicate with senior portfolio managers and investment professionals across primary, secondary, and direct investment teams

  • Support strategic initiatives across the evergreen platform, including new product launches, portfolio construction enhancements, and supporting a rapidly scaling business

  • Develop and maintain analytical tools, dashboards, and reporting frameworks to support portfolio management, liquidity forecasting, and investment decision making

  • Produce new content to respond to internal/external questions and fundraising efforts, particularly focused on portfolio investments, investment performance, and fund liquidity

What you bring:
  • Preference for candidates with investing, transaction execution, or portfolio management experience gained through private equity, venture capital, private credit, investment banking, or related fields

  • Comfort using and understanding quantitative financial models. Proficiency leveraging AI to achieve efficiency at scale

  • Excellent written and verbal communication skills – an ability to translate technical investment and fund management concepts into clear and concise messages

  • Proficiency with AI, 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 of private equity, investment-related quantitative analysis, evergreen fund investment, or other relevant investment experience preferred

#LI-Hybrid

Base Salary Range

$120,000.00 - $147,000.00

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.

Skills Required

  • Strong private equity and financial markets acumen
  • Comfort using and understanding quantitative models
  • Experience designing, creating, and maintaining reports, dashboards, and analytical tools
  • Excellent written and verbal communication skills, including translating technical investment and fund management concepts clearly
  • Proficiency with Microsoft Excel, Word, PowerPoint, Power BI, and MicroStrategy
  • Bachelor's degree or equivalent experience
  • 3-5 years of private equity, investment-related quantitative analysis, and/or evergreen fund investment experience

HarbourVest Partners Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about HarbourVest Partners and has not been reviewed or approved by HarbourVest Partners.

  • Strong & Reliable Incentives Incentives are portrayed as strong in certain teams and senior roles, with high bonus potential contributing meaningfully to total compensation. Overall packages can feel solid where variable pay is emphasized.
  • Healthcare Strength Benefits are described as comprehensive, including medical, dental, vision, disability, life insurance, EAP, wellness programs, and fitness reimbursement. U.S. coverage explicitly includes domestic partners.
  • Parental & Family Support Offerings include paid parental leave, adoption assistance, bereavement leave, paid volunteer time, and U.S. emergency back‑up childcare. These supports are positioned as competitive for the sector.

HarbourVest Partners Insights

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The Company
HQ: Boston, MA
904 Employees
Year Founded: 1982

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.

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