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. Occasional travel is expected.
HarbourVest Partners is looking for an experienced Vice President to join the Private Credit investment team in Boston. The main duties involve sourcing and evaluating investments, portfolio management, and representing HarbourVest externally with both General Partners and Limited Partners. The Private Credit business has a flexible investment mandate across senior debt, junior debt, and equity co-investments across sponsor-backed middle-market companies.
The ideal candidate is someone who is:
Experience working in private credit and relevant markets
Possesses outstanding analytical and critical thinking capabilities
Capable of clear written and verbal communication
Exhibits strong leadership and team collaboration skills
Has strict attention to detail and dedication to excellence
Demonstrated capability to handle several tasks efficiently
Ambitious, entrepreneurial and willing to help build and grow the credit business
What you will do:
Own and drive the investment process (e.g. company due diligence, underwriting, oversight and preparation of investment memos/presentations and financial models, assist in the legal negotiation and closing process)
Work with senior team members to source new investment opportunities and establish new GP connections
Mentor and support junior investment team members
Develop LP-facing skills to help manage fundraising and client service, as needed
What you bring:
An entrepreneurial demeanor with a stellar work ethic and charismatic personality
Natural leadership abilities to drive projects 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
Tenured experience in private equity and private credit markets
Education Preferred
Bachelor of Arts (B.A) or equivalent experience
Bachelor of Science (B.S) or equivalent experience
Master of Business Administration (MBA), optional
Experience
#LI-Hybrid
Salary Range
$220,000.00 - $240,000.00
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.