HarbourVest DEI Report

A review of our diversity, equity, and inclusion efforts

Strengthening communities

We embrace our responsibility to contribute positively to the world we live in by connecting with local organizations that have in-depth knowledge of our community’s needs and challenges and using our unique resources to implement targeted solutions. 

Each year I am truly inspired by the stories and the innumerable lives changed on every side of this giving equation.
Katherine McCord
Vice President, Client Reporting – ESG and Community Engagement Lead

Employee Service Hours

Our Employee Service Hours program grants each full-time colleague the equivalent in hours of two paid days per calendar year to volunteer with non-profit organizations in local communities that are dedicated to achieving social equality.

HarbourVest’s team in Hong Kong volunteered at The Chinese Foundation Secondary School in a session organized by Inspiring Girls, which connected female-identifying students with adult role models. The effort has since expanded to create partnerships between students and professionals of all genders. Kathy Cheung, Assistant Manager of Human Resources, shared, “It was rewarding to inspire students to develop goals free of any gender or cultural stereotype and to aim high in life. Utilizing our own experiences and expertise, we hope to continue partnering together with Inspiring Girls and getting colleagues across APAC offices involved with their local branches.”

David Cellucci used his Employee Service Hours to volunteer as a counselor at Camp Fatima, north of Boston.

Partnering with my buddy Mark who was born with Down Syndrome and the opportunity to see his excitement when riding horses, driving a pontoon boat, or painting a picture to take home with him was so rewarding. This was my 11th year volunteering with Camp Fatima and using my Employee Service Hours makes taking the time to do something that matters to me easy.
David Cellucci
Learning and Development Manager

Global Volunteer Weeks

Partnering with local nonprofit partners fighting social inequality, food insecurity, homelessness, climate change, disadvantaged youth and more, HarbourVest team members across the globe came together to donate their time to hands-on volunteering opportunities. 

Fall 2022
volunteer weeks

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local communities

A firm wide focus on hunger and homelessness

In lieu of a physical client gift for attending the HarbourVest 2023 Annual Meeting (AGM), we made monetary donations to The Childhood Trust and The Passage, two organizations fighting against homelessness and hunger in support of the more than 800,000 children living in poverty in London.3 In addition to the AGM donation, hunger and homelessness in our communities have remained a focal point for our giving:

Our London office assisted Good Food Matters in the development of a 1.5 acre community garden and kitchen in South London. 

“Good Food Matters is dedicated to growing organic produce for the local community as well as providing cooking classes, food, and meals to local food banks, homeless shelters, and community drop-in centers for those in need. Our team tackled a number of tasks in the garden from clearing vegetable beds in the greenhouses to constructing a new path, building new beds and laying soil for spring planting. Everyone deserves access to fresh fruits and vegetables!” 

Anna Garcia
Senior Associate, Product Marketing


Our Toronto office volunteered with WoodGreen Foundation, the largest social services agency in Toronto, and sorted and packed food for the Daily Bread Food Bank, which distributes millions of pounds of food every year to locals in need.

“Since the COVID-19 pandemic, economic inequality has only intensified. We were fortunate enough to be able to help WoodGreen and Daily Bread support low-income families during the highest demand in history.”

Renée Gouveia
Office Manager 


Our Dublin office planned and prepared home-cooked meals for families staying at the Ronald McDonald House in Crumlin. 

“Every night, the Ronald McDonald House provides accommodation, support, and a caring environment for families of seriously ill children undergoing medical treatment at Children’s Health Ireland. It was a special experience to come together with my team members to plan, prepare, and serve a warm dinner for our community members in need.”

Cian O’Gorman
Portfolio Risk Associate

Annual holiday partnerships

Every December, HarbourVest colleagues across the globe mobilize to support families in need during the holiday. Through longstanding partnerships with local organizations, regional offices donate toys, holiday decorations, household items, and more. In-kind donations, a new addition to our employee matching gift program, helped us double our impact this past holiday season.

HarbourVest Gives Back

Our charitable giving program encourages team members to make individual monetary donations through a partnership with Benevity. Since the program’s launch in 2018, team members have supported over 650 individual non-profit groups worldwide. In 2023, HarbourVest increased the annual matching gift maximum to $2,500 per colleague per calendar year to further increase support for organizations that are important to them.

Boston Children’s Hospital Corporate Cup

HarbourVest colleagues were proud to compete and volunteer in support of our adopted patient sponsor, nine-year-old Aileen, and other young patients in need. Aileen provided our team inspiration and grit, helping them earn 2nd place out of 61 competing teams, with wins in the hula hoop and soccer kicks competitions. HarbourVest was recognized as having the second most volunteers of any participating company and, collectively, the teams participating in the challenge raised nearly $1 million.

J.P. Morgan Corporate Challenge

Colleagues from across the globe participated in the world’s largest corporate running event to raise funds for local organizations. Runners from our Singapore office supported the Rainbow Centre, a group focused on empowering individuals with disabilities, Boston colleagues contributed to the Fifty Years Fund powered by The United Way of Massachusetts Bay, a group dedicated to creating education and career pathways for marginalized youth and young adults, and our London team donated to Centerpoint, the UK’s leading youth homelessness charity.


[3] The Childhood Trust, 2023, https://www.childhoodtrust.org.uk/.

Important Disclosures:

This material does not constitute an offer or solicitation for any fund sponsored by HarbourVest Partners, LLC (“HarbourVest”) or its affiliates, or any investment services provided by HarbourVest, and may not be relied on in any manner as legal, tax, or investment advice or as an offer to sell or a solicitation of an offer to buy an interest in a fund or any other investment product sponsored by HarbourVest. No sale will be made in any jurisdiction in which the offer, solicitation, or sale is not authorized or to any person to whom it is unlawful to make the offer, solicitation or sale. This document includes information obtained from published and non-published sources that HarbourVest believes to be reliable. Such information has not been independently verified by HarbourVest. Unless otherwise specified, all information is current at the time of issue. Any opinions expressed are those of HarbourVest and not a statement of fact. The opinions expressed do not constitute investment advice and are subject to change.

The companies and GPs discussed in this report are intended for illustrative purposes only, do not represent all of the investments made, sold, or recommended for funds or client accounts, and should not be considered an indication of the performance or characteristics of any current or future performance HarbourVest fund or investment strategy. It should not be assumed that an investment in the company or fund sponsored by a GP discussed in this report was or will be profitable. Actual investments will vary for each fund and client and there is no guarantee that a particular client’s account will hold any or all of the investments identified herein.

Any published third-party ratings or rankings discussed herein are not representative of any one client’s experience with HarbourVest and are not indicative of HarbourVest’s future performance. Ratings and rankings have inherent limitations and qualifications, and are not indicative of the experience of any client or investor or of the future performance of any product. There can be no assurance that the universe upon which the awards were based included all investment products within each category that are actually in operation or existence. Unless otherwise specified, all awards shown are based on the one-year period immediately preceding the date listed.

Certain information contained herein constitutes forward-looking statements, which can be identified by the use of terms such as “may”, “will”, “should”, “expect”, “anticipate”, “project”, “estimate”, “intend”, “continue”, or “believe” (or the negatives thereof) or other variations thereof. Due to various risks and uncertainties, including those discussed above, actual events or results or actual performance may differ materially from those reflected or contemplated in such forward-looking statements. As a result, investors should not rely on such forward-looking statements in making an investment decision. Any forecast provided herein is based on HarbourVest’s opinion of the market as of the date of preparation and is subject to change, dependent on future changes in the market.

The principles related to sustainable and responsible investing discussed above represent general goals that will not be achieved by investment selected. These goals are not representative of current processes or outcomes for every strategy, and may not be fully realized for all products or client accounts. There can be no assurance any initiatives or anticipated developments described herein will ultimately be successful. The information provided is solely for informational purposes and should not be relied upon in connection with making any investment decision. It should not be assumed that any ESG initiatives, standards, or metrics described herein will apply to each asset in which HarbourVest invests or that any ESG initiatives, standards, or metrics described have applied to each of HarbourVest’s prior investments. ESG is only one of many considerations that HarbourVest takes into account when making investment decisions, and other considerations can be expected in certain circumstances to outweigh ESG considerations. The information provided is intended solely to provide an indication of the ESG initiatives and standards that HarbourVest applies when seeking to evaluate and/or improve the ESG characteristics of its investments as part of the larger goal of maximizing financial returns on investments. Any ESG initiatives described will be implemented with respect to a portfolio investment solely to the extent HarbourVest determines such initiative is consistent with its broader investment goals. Accordingly, certain investments may exhibit characteristics that are inconsistent with the initiatives, standards, or metrics described herein.

For additional legal and regulatory disclosures related to HarbourVest offices and countries, please refer to Important office and country disclosures.

Continuation solutions encompass a host of transaction types in which a GP secures interim liquidity and/or additional primary capital for their LPs in a strongly performing asset, or set of assets, that the GP will continue to own and control. Specifically, they include continuation funds, new funds created by GPs for the purpose of acquiring the asset(s) that continue to be managed by the same GP and capitalized by one or several secondary buyers, or equity recapitalizations involving a direct equity or structured equity investment into a portfolio company. These transactions can also include a parallel investment from the GP’s latest fund into that same pool of assets (a “cross-fund trade”).