In brief: HarbourVest veteran joins Lightrock board of directors

Kathleen Bacon has joined the London manager after nearly 30 years at her previous firm.

Lightrock has added HarbourVest Partners‘ Kathleen Bacon to its board of directors, according to a statement.

Bacon is a prominent figure in private equity. She joined HarbourVest in 1994, where she became a managing director and head of European and emerging market fund investments, before moving into a senior adviser role in 2019. She is also a founding member of Level 20, the nonprofit organisation created to improve gender diversity in private equity.

Lightrock, an impact investor formed from various parts of LGT Group, has an €860 million climate fund, which closed in October 2022 and invests in Europe and North America.