HarbourVest Partners Expands its Infrastructure and Real Assets Platform as Investor Demand for Private Markets Diversification Grows

HarbourVest Partners, a global private markets asset manager, has named Peter Larsen Managing Director and Head of Infrastructure Distribution, according to a company announcement issued via Business Wire from Boston. The firm said the appointment reflects the growth of its infrastructure platform as investors increasingly seek to diversify private markets portfolios with non-correlated offerings.

Larsen brings more than 17 years of experience at Hamilton Lane, where he worked in both investment roles and, most recently, as Managing Director, Real Assets. In that role he led capital formation across infrastructure and real estate in closed-end and evergreen strategies. He also previously served as a Partner at Atlantic-Pacific Capital, where he led fundraising and sales strategy for several years.

HarbourVest's infrastructure platform was established in 2015 and offers closed-end and evergreen funds across primaries, secondaries, and co-investment vehicles. The firm said it has continued to invest in talent, technology, and offerings as allocations to infrastructure have increased.

Tim Flower, Managing Director and Head of Infrastructure at HarbourVest, said investors are looking for diversified infrastructure exposure across strategies, sectors and geographies, and that the asset class has a low correlation to other private markets strategies. In the role, Larsen will serve as the bridge between the infrastructure investment team and HarbourVest's global Investor Relations organization, focusing on strategy, investor and consultant relationships, and growth opportunities in the sector.

HarbourVest describes itself as an independent, global private markets firm with 44 years of experience, more than $165 billion in assets under management as of June 30, 2026, and more than 1,300 team members across the Americas, Asia, Europe, and the Middle East.