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Brooks Zug
Senior Managing Director at HarbourVest Partners
Brooks Zug is a prominent figure in the private equity industry and a key leader at HarbourVest Partners. Here's an overview of his background and role:
Career at HarbourVest
Brooks Zug is a founder and senior managing director emeritus of HarbourVest Partners, a global private markets investment firm.1 He played a crucial role in establishing the company, which has its roots in the early 1980s:
- In 1982, Zug co-founded Hancock Venture Partners, which later evolved into HarbourVest Partners.1
- Prior to this, he joined the corporate finance department of John Hancock Mutual Life Insurance Company in 1977.1
Responsibilities and Expertise
As a senior managing director, Zug was responsible for:
- Overseeing primary, secondary, and direct co-investments.1
- Playing a pivotal role in strategic decision-making and operations.
His expertise in private equity is widely recognized, particularly in:
- Secondary private equity funds.1
- Investing in Asian private equity markets, being among the first institutional LPs to do so.4
Leadership Transition
In March 2018, Zug transitioned from his role as senior managing director to senior managing director emeritus, reflecting his long-standing influence and continued involvement with the firm.1
Board Positions and Affiliations
- Director of HarbourVest Global Private Equity Limited (HVPE), a listed investment company traded on the London Stock Exchange.1
- Past Trustee of Lehigh University.1
- Current Trustee of the Boston Symphony Orchestra.1
Education
Recognition
In spring 2015, Zug received Buyouts magazine's Lifetime Achievement Award, acknowledging his significant contributions to the private equity industry.3
Brooks Zug's career spans over four decades in the private markets, during which he has played a crucial role in HarbourVest's growth from its inception to becoming a global firm managing over $98 billion in assets as of 2022.2