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The HarbourVest Boston Team

Karen Simeone

Managing Director

Boston

About Karen

Karen Simeone joined HarbourVest in 2018 and focuses on investments in senior and junior private credit transactions.

Throughout her career, Karen has managed all aspects of the private credit  investment process including sourcing, evaluating, structuring, underwriting and managing secured debt securities of middle market companies.  Prior to joining the Firm, Karen was a managing director at TCW in the Direct Lending Group (formerly Regiment Capital’s direct lending team). Karen previously worked at Stairway Capital and HVB Group. Karen began her career at J.P. Morgan as part of the leveraged finance group and later became a member of the high yield research team.

Karen received a BS from Georgetown University in 1998 and studied at the London School of Economics.

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”).