Sally Shan harbourvest
The HarbourVest Beijing Team

Sally Shan


Chairman of Beijing Office


About Sally

Sally Shan joined HarbourVest in 2012. She focuses on building and enhancing relationships with institutional investors and general partners in China.

Sally joined the Firm from JPMorgan Securities Asia Pacific, where she served as managing director and Head of Technology Investment Banking since 2006. Prior to that, Sally spent ten years at Lehman Brothers’ Global Technology Investment Banking group in the Silicon Valley and New York. Earlier in her career, Sally worked at private equity firm ASIMCO, focused on direct investments in China.

She received a BA in Economics from Renmin University in Beijing in 1992 and an MBA from Yale School of Management in 1997. She speaks fluent Mandarin.

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”).