Firm Adds Additional CFO Role to Support Growth
BOSTON–(BUSINESS WIRE)–HarbourVest Partners, a global private markets asset manager, today announced the hiring of Rob MacGoey as the chief financial officer (CFO) for the Firm’s Management Company. MacGoey will work alongside Karin Lagerlund, current CFO, who will focus on client and fund accounting, treasury and capital markets.
“As our Firm has continued to grow, our corporate finance and fund administration function has increased in size and complexity,” said John Toomey, Managing Director, HarbourVest Partners. “To support our future growth, we made the decision to split the finance function between the funds, under Karin’s continued leadership, and the management company, under Rob’s leadership. This change will allow us to continue to scale our business and serve the needs of our clients.”
MacGoey was previously chief accounting officer and controller at Apollo Global Management. Prior to his time at Apollo, Rob held several senior positions at PricewaterhouseCoopers’ Financial Services Assurance and Advisory Practices.
“Demand for accounting and administrative support is growing and becoming more complex in nature,” said Lagerlund. “Splitting our finance functions will allow us to continue to devote the appropriate attention and focus to each side.”
As CFO for the management company, Rob will be responsible for leading the finance function of the Firm’s management company. In that role Rob will oversee the accounting and financial operations of all corporate entities and related partnerships, as well as maintain internal control safeguards and coordinate all audit activities for the corporate entities.
HarbourVest is an independent, global private markets investment specialist with over 35 years of experience and more than $71 billion in assets under management, as of March 31, 2020. 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 600 employees, including more than 145 investment professionals across Asia, Europe, and the Americas. This global team has committed more than $39 billion to newly-formed funds, completed over $22 billion in secondary purchases, and invested over $16 billion directly in operating companies. Partnering with HarbourVest, clients have access to customized solutions, longstanding relationships, actionable insights, and proven results.