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HarbourVest Partners Appoints William Royer as Managing Director

May 9, 2019

BOSTON--(BUSINESS WIRE)--May 9, 2019--HarbourVest Partners, a global private markets asset manager, today announced that Bill Royer has joined the firm as a managing director and will become Chief Compliance Officer (CCO) in early June. Based in Boston, Mr. Royer will lead the continued evolution of the Firm’s global regulatory compliance program and serve as an adviser to the Portfolio Construction Committee and the Conflicts Committee.

“As HarbourVest has grown in size and expanded into new asset classes over the last few years, we continue to place great value on staying abreast of regulatory changes in the global private markets,” said John Toomey, Managing Director, HarbourVest Partners. “We have continued to add to our already robust Legal and Compliance team and control environment during this time and are pleased to bring Bill’s considerable expertise to this team.”

Mr. Royer has nearly 30 years of experience in senior roles focused on compliance and law at both private companies and the Securities and Exchange Commission (SEC), with broad and deep knowledge across asset classes. Prior to joining HarbourVest, he was CCO at Vanguard Global Advisors, leading a team responsible for global compliance of investment activities (equity, fixed income and derivatives) for all US organized or domiciled funds and accounts, totaling nearly $4.5 trillion in assets across a wide variety of funds, partnerships and accounts. Previously, Mr. Royer was Associate Regional Director for the US SEC’s Atlanta office. Prior to his role in the SEC’s Atlanta office, he was Assistant Director, Office of Chief Counsel for the SEC’s Office of Compliance Inspections and Examinations (OCIE). His other experience includes senior roles in legal and compliance with other financial firms including Arrowstreet Capital, Foreside Financial Services and Baring Asset Management; as well as ten years as General Counsel for Grantham, Mayo, Van Otterloo and Co.

Mr. Royer received a B.S. in Chemistry from the University of New Hampshire and a J.D. from the Boston University School of Law.

ABOUT HARBOURVEST

HarbourVest is an independent, global private markets investment specialist with 36 years of experience and more than $58 billion in assets under management, as of March 31, 2019. 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 500 employees, including more than 125 investment professionals across Asia, Europe, and the Americas. This global team has committed more than $35 billion to newly-formed funds, completed over $19 billion in secondary purchases, and invested over $9 billion directly in operating companies. Partnering with HarbourVest, clients have access to customized solutions, longstanding relationships, actionable insights, and proven results.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190509005205/en/

CONTACT: Andrew Hopkins

+1 617-348-8372

AHopkins@Harbourvest.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: HarbourVest Partners

Copyright Business Wire 2019.

PUB: 05/09/2019 12:00 PM/DISC: 05/09/2019 12:00 PM

http://www.businesswire.com/news/home/20190509005205/en