• Pages
  • Editions
01 Inaugural DEI Report
02 Table of contents
03 A message from our Executive Management Committee
04 Our diversity, equity, and inclusion journey
05 Our forward-looking strategy
06 Hiring, promoting, and retaining diverse talent
07 Establishing an inclusive culture where all employees can thrive
08 Ensuring processes and procedures are fair and equitable
09 Strengthening the communities in which we live and work
10 Investing in emerging and diverse managers and under-resourced markets
11 Embracing our leadership role in the industry to progress DEI objectives
12 A trusted partner

Hiring, promoting, and retaining diverse talent

We are committed to transparency in pursuit of a workforce that is representative of our global standing

We believe building a team that reflects the markets we operate in and the world we inhabit is essential to achieving our objectives. This work is intentional and requires introspection and honesty. It is with this in mind that we embrace a transparent process of setting goals, measuring progress, and pushing those goals even further.

We have adopted a formal approach to our diversity hiring practices by heightening senior leadership accountability through our annual goal-setting process, providing talent acquisition and interview training for leaders, and offering conscious inclusion training for all employees to create a greater awareness of the importance of diversity across the firm.

Our commitment to diversity across all levels of the firm starts at the top, evidenced by the fact that HarbourVest compares favorably relative to the industry overall in terms of diversity in leadership roles, where just under 14% of all senior positions in the private equity industry are held by women.⁵


HarbourVest employee demographics6

Overall

%

Women

%

Asian, Black, Latine, Native American, or 2+ races

Senior leadership

%

Women

%

Asian, Black, Latine, Native American, or 2+ races

Managing Directors

%

Women

%

Asian, Black, Latine, Native American, or 2+ races

2021 hiring and retention rates7

New hires

%

Women

%

Asian, Black, Latine, Native American, or 2+ races

Retention

%

Women

%

Asian, Black, Latine, Native American, or 2+ races

Disclosure

Mark Reale Head of Global Human Resources

A true commitment to diversity, equity, and inclusion requires an equal commitment to accountability and transparency. We cannot have one without the other. Being accountable for the actions we take and transparent around the outcomes we achieve is the surest path to success."

SEO and #10000BlackInterns: Investing in future leaders

In the summer of 2021, we proudly launched a partnership with Sponsors for Educational Opportunity (SEO) and #10000BlackInterns to develop opportunities at HarbourVest for high achieving students who are typically underrepresented in our industry. We believe this program combines the strength of our inclusive heritage with an understanding that sowing the seeds of future growth begins with the mentorship of young professionals. In line with our broader DEI strategy, this exciting initiative is in place to both expand our talent pool and help us identify and develop untapped potential at the earliest stages of their careers.

Carl Payne Internship Program Manager

"We want to cast a wider net to attract the best and brightest talent, regardless of background, ethnicity, or sexual orientation, and give them a great learning experience at HarbourVest as they’re starting their careers. I think the ultimate payoff will be to look around our firm five or ten years from now and see the diverse, skilled, talented team that we’ve helped build.

Click here to learn about this important program