HarbourVest Partners has announced the appointment of Rob MacGoey as the chief financial officer (CFO) for the firm’s management company.
MacGoey will work alongside the current CFO, Karin Lagerlund, who will focus on client and fund accounting, treasury and capital markets.
As CFO for the management company, MacGoey will be responsible for leading the finance function of the Firm’s management company. In that role he will oversee the accounting and financial operations of all corporate entities and related partnerships, as well as maintain internal control safeguards and coordinate all audit activities for the corporate entities.
Prior to his new role, MacGoey was chief accounting officer and controller at Apollo Global Management. Before joining Apollo, he held several senior positions at PwC’s financial services assurance and advisory practices.
John Toomey, managing director at HarbourVest Partners, said: “As our Firm has continued to grow, our corporate finance and fund administration function has increased in size and complexity.
“To support our future growth, we made the decision to split the finance function between the funds, under Karin’s continued leadership, and the management company, under Rob’s leadership. This change will allow us to continue to scale our business and serve the needs of our clients.”
Lagerlund added: “Demand for accounting and administrative support is growing and becoming more complex in nature.
“Splitting our finance functions will allow us to continue to devote the appropriate attention and focus to each side.”