The HarbourVest Boston Team

Bill Cole, CFA, CAIA



About Bill

Bill Cole joined HarbourVest in 2022 as a product specialist focused on private credit.

Bill joined the Firm from Wellington Management Company, where he served as managing director and co-chair of the firm’s Liability Driven Investing (LDI) team. In this role, he worked with actuaries, portfolio managers and fixed income strategists to design liability hedging solutions for corporate defined benefit plans. Prior to this, Bill was an investment officer at the College of the Holy Cross, where he was responsible for the oversight of the endowment’s public equity, fixed income, and hedge fund allocations.

Bill received an MBA in Finance from Drexel University and a BA in Economics and Asian Studies from the College of the Holy Cross. He holds the Chartered Financial Analyst and the Chartered Alternative Investment Analyst designations.

Continuation solutions encompass a host of transaction types in which a GP secures interim liquidity and/or additional primary capital for their LPs in a strongly performing asset, or set of assets, that the GP will continue to own and control. Specifically, they include continuation funds, new funds created by GPs for the purpose of acquiring the asset(s) that continue to be managed by the same GP and capitalized by one or several secondary buyers, or equity recapitalizations involving a direct equity or structured equity investment into a portfolio company. These transactions can also include a parallel investment from the GP’s latest fund into that same pool of assets (a “cross-fund trade”).