The HarbourVest Boston Team

Lee Incandela

Managing Director


About Lee

Lee Incandela joined HarbourVest in 2019 to focus on private credit investments.

Prior to joining the Firm, Lee spent over nine years at THL Credit Advisors, where he was most recently a director in the Direct Lending Group focused on originating, structuring, underwriting, and managing secured and unsecured debt investments in the middle market. He has experience investing in senior, junior, and equity capital in sponsored and non-sponsored transactions. Prior to joining THL Credit Advisors, Lee was an investment banking analyst at both BMO Capital Markets and Jefferies & Company as part of the mergers and acquisitions team and later the Healthcare group.

Lee received a BS in Economics from Vanderbilt University in 2007.

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”).