Private markets asset manager HarbourVest Partners has appointed Brian Taranto to the newly-created role of managing director and chief operating officer (COO) of global private wealth.
In the role, Taranto will be responsible for helping to scale the firm’s global private markets platform and working with the head of global private wealth Venu Krishnamurthy to drive the growth of the wealth business.
He joins HarbourVest from Morgan Stanley Investment Management, where he served as managing director and COO for the U.S. Intermediary Distribution business.
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HarbourVest’s global private wealth business provides financial advisers, private banks, family offices, and wealth management firms with access to the the firm’s private markets platform, which includes private credit as well as private equity primaries and secondaries and infrastructure.
“As demand for private market access continues to accelerate, firms with operating platforms that can deliver scale, consistency, and exceptional client service will set themselves apart,” said Taranto.
“HarbourVest has built a differentiated global platform and is well positioned for our next phase of growth. I’m excited to help strengthen the capabilities that will support that journey.”
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“Serving the wealth market is one of HarbourVest’s most important long-term growth priorities, and Brian’s appointment reflects our commitment to building a platform that can serve investors at scale for decades to come,” said Krishnamurthy.
