The HarbourVest Boston Team

Joel Hwang

Managing Director


About Joel

Joel Hwang joined HarbourVest in 2008 and focuses on originating, evaluating, and executing growth equity, buyout, and mezzanine investments in operating companies. Joel serves as a board member at Ministry Brands and FiveStars Loyalty and is a board observer at Appriss and Outbrain. He has been involved with several of the Firm’s other investments including Avalara (NYSE: AVLR), CPA Global, Intelex, Klarna, SolarWinds, TeamViewer, Thoughtspot, Acrisure, Alliant, Polyconcept, Preston Hollow, and Vestcom. Joel has also played a key role in a number of secondary investments including the acquisition of a direct portfolio held by Arcapita Inc. and the spin-out of Tenaya Capital, the venture capital business of Lehman Brothers.

In addition to his time at HarbourVest, Joel spent two years as an investment banking analyst in Citigroup’s Global Technology Group, where he focused on mergers and acquisitions and equity and debt financings for technology services and software companies. His prior experience also includes positions with Sterling Partners and Cisco Systems.

Joel received a BA (magna cum laude) in Economics from Dartmouth College and an MBA from the Wharton School at the University of Pennsylvania.

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”).