Investment firm HarbourVest appoints Venu Krishnamurthy as Managing Director and Global Head for Private Wealth
HarbourVest Partners Strengthens Private Wealth Management with Venu Krishnamurthy Appointment
HarbourVest Partners, a global private markets investment firm with over $147 billion in assets, has made a strategic move to expand its private markets investing as a core portfolio holding. The firm has appointed Venu Krishnamurthy as Managing Director and Head of Global Private Wealth, effective July 2025 [1][2][3].
Krishnamurthy, with nearly 30 years of experience in financial services, brings a wealth of knowledge to HarbourVest. His leadership roles at BlackRock’s Aladdin Wealth and Citigold Wealth Management at Citi position him well to deepen HarbourVest’s private wealth platform and accelerate its growth [2].
The growing demand for private investments as a core holding is driven by the narrowing and domination of public markets by a few select companies. This trend has led to a considerable appetite for private investments, with HarbourVest Partners' wealth market seeing particularly strong interest [1].
Krishnamurthy will oversee all aspects of the wealth business at HarbourVest Partners, including global sales, marketing, operations, and client service. His role reflects the firm's commitment to its private wealth management business, which it has been active in for over 15 years [1][2].
Alex Rogers, who was previously in charge of the wealth business at HarbourVest Partners, will now focus solely on his role as Chief Strategy Officer. This move is intended to strengthen the firm's position in the growing and important private wealth market [1].
Venu Krishnamurthy is excited to join HarbourVest Partners at the forefront of the transformation in private markets. His appointment is expected to accelerate and deepen HarbourVest Partners' efforts in the private wealth market, potentially increasing private wealth allocations and influencing private market liquidity and valuation dynamics [1][2].
The appointment of Venu Krishnamurthy signals a broader market trend where private markets are moving from niche "alternative" investments to essential components of wealth management strategies. HarbourVest aims to leverage Krishnamurthy’s expertise to capitalize on this shift, potentially amplifying private capital flows and changing market structures [1][2].
Private markets are undergoing significant shifts, with innovations in product design and delivery opening the door for individual investors to access the long-term potential of this asset class. Krishnamurthy's appointment is a testament to HarbourVest's commitment to leading this transformation and providing its clients with the best possible private wealth management services.
[1] HarbourVest Partners Press Release, July 2025 [2] Financial Times, "HarbourVest Strengthens Private Wealth Management with Venu Krishnamurthy Appointment", July 2025 [3] The Wall Street Journal, "HarbourVest Partners' Private Wealth Market Grows with Venu Krishnamurthy's Appointment", July 2025
- HarbourVest Partners is expecting Venu Krishnamurthy's extensive experience in financial services to help deepen their private wealth platform and potentially increase private wealth allocations, solidifying private markets as essential components of personal-finance strategies.
- With the growing demand for private investments as a core holding in business, Venu Krishnamurthy's role as Managing Director and Head of Global Private Wealth at HarbourVest Partners could play a significant part in influencing private market liquidity and valuation dynamics, while also offering investors opportunities for personal-finance growth.
