The HarbourVest Singapore Team

Grace Cheng, CAIA


Vice President


About Grace

Grace Cheng joined HarbourVest in 2022 as a product specialist focusing on Asia.

Prior to joining the Firm, Grace was a director of investment research at Syfe, a digital wealth management platform. Prior to that, she was a product specialist covering global fixed income strategies at Franklin Templeton. Grace started her career as a research analyst with Barclays in New York.

Grace received a BS in Industrial Engineering and Operations Research, with a minor in Economics from Columbia University. Grace is fluent in 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”).