Private Equity News & Analysis

Harbourvest Partners promotes in Hong Kong

The global fund of funds manager is promoting a principal to managing director in its Hong Kong office shortly after announcing the final closing on two funds.

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Habourvest Partners, a global fund of funds manager, has promoted Hemal Mirani, a fluent-Japanese speaker, to managing director.  Mirani joined the firm’s subsidiary in Hong Kong as an analyst ten years ago, according to a statement.

The promotion comes shortly after Harbourvest closed its fifth international fund-of-funds at €2.8 billion. The fund of funds includes HIPEP V-Asia Pacific and the Rest of World Fund, a $527.3 million investment vehicle.

Mirani helped establish Harbourvest’s presence in Asia Pacific by developing relationships with fund managers and the firm’s clients.Â