Associate, Evergreen Portfolio Management

HarbourVest Partners, LLC

$120K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in private equity or investment-related quantitative analysis
  • Strong understanding of financial markets and private equity
  • Proficiency in quantitative modeling and analytical tools
  • Effective written and verbal communication skills
  • Ability to create and maintain analytical reports and dashboards
  • Bachelor's degree or equivalent experience in finance or related field

Responsibilities

  • Own fund's model portfolio and establish investment parameters
  • Analyze funds' investment needs and strategy allocations
  • Monitor portfolio performance against objectives and market conditions
  • Manage day-to-day liquidity and capital investment strategies
  • Communicate regularly with fund managers and senior professionals
  • Produce content for internal inquiries and fundraising efforts
  • Create marketing materials including pitch decks and reports

Benefits

  • 18 remote workdays per quarter with manager approval
  • Collaborative work environment with a focus on entrepreneurial mindset
  • Opportunities for professional development and meaningful impact in the team
  • Flexible hybrid working arrangement combining in-office and remote work
  • Inclusive culture that values diverse perspectives and teamwork
Full Job Description

Job Description Summary

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

TheEvergreen Portfolio Management team managesHarbourVestsproduct 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 entrepreneurialmindsetare 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 funds model portfolio and target investment parameters in support of evergreen fund leadership

  •  Analyze the funds 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 marketing

  • And 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 6 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

#LI-Hybrid

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.

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