The HarbourVest Boston Team

David Zug



About David

David Zug joined Harbourvest in 2005 and focuses on sourcing, evaluating, and executing venture, growth equity, and buyout Direct investments. David co-led the expansion of the firm’s international business to Canada and the opening of the Toronto office.  David led many direct investments, including, Miovision, PartnerStack, Q4 Inc. (TSE:QFOR), Sonder (NASDAQ:SOND), and Wave Financial (acquired by H&R Block) in Canada as well as Benefitmall (acquired by Carlyle), RCN (acquired by TPG), Saba Software (acquired by Cornerstone OnDemand), SafeNet (acquired by Gemalto), TeamViewer (FRA:TMV), and Zayo (NYSE: ZAYO).

He currently serves as board observer for Procurify and Samdesk. David’s prior experience includes several years at the global strategy consulting firm The Monitor Group (now Monitor Deloitte), focusing on growth strategies for corporate and private equity clients.

David received a BA cum laude from Dartmouth College and an MBA from the Darden School at the University of Virginia. He served for several years on the endowment investment committee of the Trinity Church in the City of Boston and as a Trustee of Thompson Island Outward Bound.

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”).