Key Takeaways
- • HarbourVest Partners has appointed Tony Ranaldi as Managing Director, Evergreen Portfolio Management, to lead portfolio management for its Private Credit Evergreen strategy, according to a Business Wire release.
- • Ranaldi, based in Boston, brings nearly three decades of investment experience across private credit, opportunistic credit and private equity, and joins from Sixth Street, where he was a Senior Advisor.
- • His mandate covers portfolio construction and investment strategy for Private Credit Evergreen solutions, including credit secondaries and direct credit, along with investment monitoring, liquidity and risk management.
- • The appointment reflects HarbourVest's continued investment in its Evergreen platform as wealth and institutional investors seek flexible ways to add private markets exposure.
- • HarbourVest reported more than $165 billion in assets under management as of June 30, 2026, across a platform with over 1,300 team members.
Summary
HarbourVest Partners, a global private markets asset manager, announced the appointment of Tony Ranaldi as Managing Director, Evergreen Portfolio Management, according to a Business Wire release dated September 16, 2026. Based in Boston, Ranaldi will lead portfolio management for HarbourVest's Private Credit Evergreen strategy, a role the firm describes as central to expanding its Evergreen capabilities for a growing range of investors.
In the new role, Ranaldi will oversee portfolio construction and investment strategy for the Private Credit Evergreen solutions, which include credit secondaries and direct credit. His responsibilities also extend to investment monitoring, liquidity and risk management. The firm said he will work closely with teams across its global investment platform to build the investment, portfolio management and specialist capabilities supporting its Evergreen suite.
Ranaldi brings nearly three decades of experience spanning private credit, opportunistic credit and private equity. He joins HarbourVest from Sixth Street, where he served as a Senior Advisor sourcing and evaluating private credit opportunities. Previously, he founded Tucks Point Partners and held senior investment and portfolio management roles at Berkshire Partners and DDJ Capital Management. He earned a B.A. in Economics from Princeton University.
Monique Austin, Managing Director and Head of Evergreen Solutions, said HarbourVest continues to invest meaningfully in the Evergreen platform and described Ranaldi as bringing deep credit investing experience and a strong track record of managing portfolios across market cycles. Ranaldi said credit secondaries represent a compelling opportunity for investors and pointed to the firm's multi-manager approach and network of managers as sources of broad visibility across the private credit landscape.
The announcement comes as HarbourVest positions its Evergreen Solutions team, which combines investment expertise, data, technology and portfolio management, to help wealth and institutional investors build portfolios with intentional private markets exposure. The firm reported more than $165 billion in assets under management as of June 30, 2026.
In the new role, Ranaldi will oversee portfolio construction and investment strategy for the Private Credit Evergreen solutions, which include credit secondaries and direct credit. His responsibilities also extend to investment monitoring, liquidity and risk management. The firm said he will work closely with teams across its global investment platform to build the investment, portfolio management and specialist capabilities supporting its Evergreen suite.
Ranaldi brings nearly three decades of experience spanning private credit, opportunistic credit and private equity. He joins HarbourVest from Sixth Street, where he served as a Senior Advisor sourcing and evaluating private credit opportunities. Previously, he founded Tucks Point Partners and held senior investment and portfolio management roles at Berkshire Partners and DDJ Capital Management. He earned a B.A. in Economics from Princeton University.
Monique Austin, Managing Director and Head of Evergreen Solutions, said HarbourVest continues to invest meaningfully in the Evergreen platform and described Ranaldi as bringing deep credit investing experience and a strong track record of managing portfolios across market cycles. Ranaldi said credit secondaries represent a compelling opportunity for investors and pointed to the firm's multi-manager approach and network of managers as sources of broad visibility across the private credit landscape.
The announcement comes as HarbourVest positions its Evergreen Solutions team, which combines investment expertise, data, technology and portfolio management, to help wealth and institutional investors build portfolios with intentional private markets exposure. The firm reported more than $165 billion in assets under management as of June 30, 2026.
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