Brooks Zug
The HarbourVest Boston Team

Brooks Zug, CFA

Senior Managing Director Emeritus


About Brooks

Brooks Zug, a founder of the Firm, was a senior managing director through early 2018. In March 2018, he became a senior managing director emeritus. He joined the corporate finance department of John Hancock Mutual Life Insurance Company in 1977, and, in 1982, co-founded Hancock Venture Partners, which later became HarbourVest Partners. Brooks is a director of HarbourVest Global Private Equity Limited (HVPE), a listed investment company that is traded on the London Stock Exchange.

Brooks is a past Trustee of Lehigh University and a current Trustee of the Boston Symphony Orchestra. He received a BS from Lehigh University in 1967 and an MBA from Harvard Business School in 1970.

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”).