The HarbourVest Boston Team

Karin Lagerlund, CPA

Managing Director & Chief Financial Officer


About Karin

Karin Lagerlund is a managing director and HarbourVest’s Chief Financial Officer. She oversees the finance team and is responsible for the Firm’s global treasury, trading, and accounting operations. The finance team of more than 80 professionals monitors cash requirements, oversees valuations, and generates financial reporting. Karin works closely with external auditors and the investment teams to ensure compliance with relevant accounting practices. In addition to generating financial statements and quarterly investor capital account statements, the team also oversees the completion of the SOC 1 report. This team is also responsible for fund level performance measurement and monitors closings for secondary transactions.

Karin joined the Firm in 2000 after seven years at AEW Capital Management, a real estate investment adviser.  As the head of the portfolio accounting group, she was responsible for client reporting, performance measurement, information management, and financial due diligence.  Her previous experience also includes a position as audit manager with EY Kenneth Leventhal.

Karin received a BA in Business Administration with concentration in Accounting and Finance from Washington State 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”).