The HarbourVest Beijing Team

Shumin Gong




About Shumin

Shumin Gong joined HarbourVest in 2010 with a focus on evaluating, executing, and monitoring primary partnership investments in Asia Pacific in general and China in particular. She has also been instrumental in enhancing HarbourVest’s business in China, where she has helped foster long-lasting relationships with preeminent government entities, institutional investors, and private equity managers in China.

She joined HarbourVest from Goldman Sachs Private Equity Group in Hong Kong, where she focused on primary partnerships, co-investments, and secondary investments in the Asia Pacific region. Her prior experience also includes positions in the Investment Banking teams at J.P. Morgan in Hong Kong and Credit Suisse in New York.

Shumin received a BS (with distinction) in Applied Economics and Management from Cornell University. She is fluent in 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”).