Lane MacDonald was named managing director for private equity at Harvard Management Co., confirmed company spokesman Kevin Galvin.
He replaces Peter Dolan, who left the company.
Effective in December, Mr. MacDonald will play a lead role in assessing and reshaping HMC's private equity portfolio. He will report to Andrew Wiltshire, managing director and head of alternative assets at HMC.
Mr. MacDonald was managing director in the public markets platform at HMC. A replacement has not yet been named.