The HarbourVest London Team

Richard Hickman

Managing Director, HVPE


About Richard

Richard Hickman joined HarbourVest in 2014 to focus on the activities of HarbourVest Global Private Equity Limited (HVPE), a closed-end investment company that invests in and alongside HarbourVest-managed funds. Richard is responsible for the day-to-day management of the company, including communications with HVPE stakeholders.

He joined HarbourVest after seven years with 3i plc, where he progressed through a number of roles, latterly serving as a manager in the business planning and analysis group. His experience also includes working as a manager in Deloitte’s finance and operations management team in London.

Richard is a member of the Chartered Institute of Management Accountants and received a BSc in Economic History from the London School of Economics and Political Science in 2001.

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”).