European private equity investor HarbourVest Partners has hired former 3i executive Stuart Howard as a chief operating officer (COO) for the firm’s European listed products division.
Based in London, Howard will be responsible for overseeing the firm’s role in the operations of HarbourVest Global Private Equity Limited (HVPE) and HarbourVest Senior Loans Europe (HSLE), two listed investment companies managed by HarbourVest affiliates.
Stuart joins HarbourVest from 3i, where he spent over ten years, most recently as COO for Asia and the Americas. He has also held senior positions within 3i Infrastructure and 3i’s Quoted Private Equity unit. Stuart is a chartered accountant and prior to joining 3i in 2001 was at Credit Agricole and before that at Deloitte, where he undertook his accountancy training.
George Anson, a managing director at HarbourVest Partners and a director at HVPE, said, “We are delighted to announce the appointment of such a talented COO to oversee our responsibilities in relation to HVPE and HSLE.
“With a strong track record of senior positions in financial and operational roles within quoted investment companies, Stuart is ideally placed to lead on both HVPE and HSLE and continue to implement HarbourVest’s vision of providing access to private equity and private debt through listed companies.”
Amadeus, HarbourVest International and EEP Managers sold their stake in the company, which supplies packet-optical networking services. Transmode’s largest shareholder, POD Venture Partners, has however not sold any shares and remains with an unchanged ownership of 34.1 per cent.
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