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Exclusive-Apollo explores sale options for floating LNG infrastructure operator Energos, sources say
Dollar eases from peak as oil prices extend decline, BoJ in focus
Iran's Armed Forces Deputy Calls for Regional Security Autonomy at Xiangshan Forum
UK Bonds Flip to Gains as BOE Scraps Long-Dated QT Gilt Sales
IREN (IREN) Stock Surges 4% After JPMorgan Upgrade to $65 Price Target
Revolut planning dual listing in New York and London, says Storonsky
UK lenders raise mortgage rates as inflation fears intensify
European carmakers warn EU-UK tariffs could be ‘catastrophic’
Stocks and Treasuries Rally as Oil Extends Retreat: Markets Wrap
Aethlon Medical stock soars over 400% on North Immunology merger deal
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Nonprofits Criticize Financial Firms for Delays in Processing Deceased Donor Gifts
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Indonesia parliament discusses changes to fiscal deficit limit
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Nebius (NBIS) Stock Surges 9% Following Major AI Compute Price Increase
UK Seeks to Slap Fees on Battery Projects Clogging Up Grid Queue
Tata Sons to List, as Trusts Calls Chair Extension ‘Illegal’
Trump Faults ‘Hostile’ Fed Board for Interest-Rate Hike
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Generac (GNRC) Stock Rockets 35% on Massive $2.4B Amazon Data Center Deal
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Canada’s Oil Sands Get a Boost From Mark Carney
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Why is BCB Bancorp stock sliding today?
U.S. Semiconductor Industry Faces Severe Labor Shortage Amid Rising Demand
Bank of England Holds Rates Warning of Hike If War Continues
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Canada will decide trade deals independently, Carney tells Trump
HarbourVest appoints private credit veteran to lead evergreen strategy
HarbourVest Partners has appointed private credit veteran Tony Ranaldi as managing director of Evergreen Portfolio Management, as the private markets firm expands its evergreen platform across direct lending and credit secondaries.
Based in Boston, Ranaldi will oversee portfolio construction and investment strategy for HarbourVest’s Private Credit Evergreen solutions, with responsibility also covering investment monitoring, liquidity management and portfolio risk.
His appointment comes as HarbourVest develops investment structures aimed at giving institutional and wealth investors continuing access to private markets rather than the fixed investment and realisation periods associated with traditional closed-end funds.
The evergreen approach places greater emphasis on ongoing capital deployment, portfolio construction and liquidity management as investors can subscribe to the vehicles and capital can be deployed and recycled over time.
Ranaldi brings almost 30 years of experience across private credit, opportunistic credit and private equity. He joins HarbourVest from Sixth Street, where he was a senior adviser focused on sourcing and evaluating private credit investments.
He previously founded Tucks Point Partners and held senior investment and portfolio management roles at Berkshire Partners and DDJ Capital Management.
A particular area of focus for Ranaldi will be credit secondaries, where investors acquire interests in existing private credit funds or portfolios. Such transactions can provide exposure to more mature underlying assets while offering investors an additional route into the private credit market.
Ranaldi said HarbourVest’s multi-manager model gives the firm visibility across private credit markets and access to a broad network of managers, which he believes provides a foundation for expanding its credit secondaries business.
HarbourVest had more than $165bn in assets under management as of 30 June 2026 and around 1,300 employees across the Americas, Asia, Europe and the Middle East.
Source: Private Equity Wire