The HarbourVest Boston Team

Fred Shane

Director, Administrative Operations


About Fred

Fred Shane joined HarbourVest in 2020 as director of vender management and is responsible for developing, managing, and executing a vendor management program that meets regulatory, fund, and firm requirements.

Fred joined the firm from Manulife where he was director of operational risk management and successfully led a series of projects to enhance the Investment Division’s vendor management, third party risk, and scenario testing programs. Prior to that, he was chief risk officer at Commonwealth Financial Network where he successfully designed, built, and led Commonwealth’s Enterprise Risk Management Program, Vendor Management Program, and Operational Due Diligence Group.

Fred received a BA in Political Science from the University of Massachusetts and received an MBA from Nichols college. Fred also received a Master’s degree in Business Ethics and Compliance from the New England College of Business and Finance as well as a Master’s degree in Program and Project Management from Brandeis University.

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”).