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The HarbourVest Boston Team

Edward Powers

Managing Director

Boston

About Edward

Edward Powers manages HarbourVest’s Solutions practice globally, focusing on separately managed accounts and commingled fund product development. He is a member of HarbourVest’s Investment Monitoring Committee and previously served as a member of the primary investment team.

Ed joined HarbourVest in 2016 as part of the Firm’s acquisition of the BAML Capital Access Funds business.

Ed received a BA in English and Economics from the University of Pennsylvania and an MBA and MA in Public Policy from the University of Chicago.

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”).