BOSTON–(BUSINESSWIRE)–HarbourVest Companions, a world personal markets funding specialist with over $100 billion in AUM, at present introduced the opening of its workplace in Sydney, Australia. The brand new workplace comes as a response to the agency’s success within the area as institutional and personal wealth purchasers in Australia and New Zealand elevated their demand for the revolutionary funding options provided by the agency.
The Sydney workplace represents HarbourVest’s first location in Australia and sixth in Asia Pacific. This enlargement will increase the agency’s world footprint to 13 places throughout the Americas, EMEA, and Asia Pacific. The Sydney workplace is absolutely built-in into the agency’s world community, offering purchasers with seamless entry to major funds, secondary transactions, direct co-investments, actual property and infrastructure, and personal credit score.
HarbourVest has engaged with Australian and New Zealand buyers for over 35 years with $6.9 billion of AUM raised so far from roughly 40 superannuation funds, endowments, different institutional purchasers, and household workplaces. This development has accelerated in recent times with 13 new purchasers and $1.8 billion AUM dedicated since 2019. The agency additionally invests domestically in Australia on behalf of its world purchasers. The workplace can be led by Warwick Mancini, who can be answerable for the enterprise improvement actions and consumer relationships within the area.
“We’re happy to announce the enlargement of our world community with the opening of our workplace in Sydney,” stated Peter Wilson, Managing Director. “The institution of an area Australian presence displays the numerous development of this area in addition to the elevated curiosity within the various property lessons we observe amongst buyers in Australia and New Zealand. That is an thrilling stage within the agency’s evolution as we proceed to develop our capabilities throughout Asia Pacific and additional deepen our connections with native purchasers.”
For extra details about HarbourVest, please go to https://www.harbourvest.com/.
HarbourVest is an unbiased, world personal markets agency with 40 years of expertise and greater than $100 billion of property below administration as of June 30, 2022. Our interwoven platform supplies purchasers entry to world major funds, secondary transactions, direct co-investments, actual property and infrastructure, and personal credit score. Our strengths prolong throughout methods, enabled by our crew of greater than 1,000 staff, together with greater than 190 funding professionals throughout Asia, Europe, and the Americas. Throughout our personal markets platform, our crew has dedicated greater than $52 billion to newly-formed funds, accomplished over $43 billion in secondary purchases, and invested over $31 billion in straight working firms. We accomplice strategically and plan our choices innovatively to supply our purchasers with entry, perception, and world alternatives.
The Sydney workplace operates as HarbourVest Companions (Australia) Pty Ltd ABN 45 659 836 174 which is company licensed consultant no. 001298550 of HarbourVest Companions (Singapore) PTE. LTD. Australian Monetary Providers License No. 540514. HarbourVest’s operations in Australia are supervised by HarbourVest Companions (Singapore) PTE. LTD.
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