The HarbourVest Boston Team

Karen Chung

Vice President


About Karen

Karen Chung joined HarbourVest in 2019 and leads business development for direct co-investment opportunities in buyout, growth equity, and mezzanine investments.

Karen was previously a senior business development manager at L.E.K. Consulting, working initially on the Boston team and then relocating to London to build the firm’s European business development organization. Prior to this, she was a principal and founding member of the private equity team at Bulger Capital. Her previous experience also includes working on the investment team at TA Associates and as an investment banker at Robertson Stephens.

Karen received a BA (cum laude) in English and American Literature and Language from Harvard 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”).