The HarbourVest Boston Team

Lenny Li, CFA



About Lenny

Lenny Li joined HarbourVest in 2013 and focuses on sourcing, reviewing, executing, and monitoring direct co-investments. Lenny serves as a board member at Investment Metrics and is a board observer at Saba Software and Horizon Telcom. He has also been involved with several of the Firm’s other investments, including Knowlton Development Corporation, Information Resources, and The Dwyer Group.

Lenny joined the Firm from AGC Partners, where he was an investment banking analyst advising emerging growth technology companies on mergers and acquisitions and private placement financings.

He received a BA (magna cum laude) in Chemistry and Economics from Dartmouth College in 2008 and an MBA from Harvard Business School in 2010. In 2014, he received the Chartered Financial Analyst designation.

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”).