The HarbourVest Hong Kong Team

Cartus Chan



Hong Kong

About Cartus

Cartus Chan joined HarbourVest in 2016 and focuses on sourcing, reviewing, executing, and monitoring direct co-investments in Asia.

Cartus joined the Firm from Baring Private Equity Asia, where he was a senior associate focused on deals in the consumer, industrial, and healthcare sectors in China. His prior experience also includes an investment banking analyst position at Goldman Sachs in the Technology, Media, and Telecom group.

Cartus received a BS in Quantitative Finance from The Chinese University of Hong Kong in 2008 and an MBA (with honors) from the University of Chicago in 2015. He speaks fluent Cantonese and Mandarin.

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”).