The HarbourVest Boston Team

Sofia Gertsberg

Managing Director


About Sofia

Sofia Gertsberg joined HarbourVest in 2016 to lead the Firm’s Quantitative Investment Science team. The team’s objectives are to utilize HarbourVest’s proprietary data set to develop quantitative tools and models to enhance fundamentally-driven investment and portfolio construction process across the firm.

Sofia joined the Firm from State Street Global Advisors, where she was the global head of Fixed Income and Money Market Risk leading the investment risk oversight of assets across active, smart beta, and passive strategies for fixed income, cash, and currency portfolios. Her responsibilities included leading a global team of investment risk managers and analysts, designing and implementing investment risk monitoring framework, setting internal risk limits, and conducting risk management due diligence for outside managers. Sofia was also a voting member of SSGA’s Sub-advisor Oversight and Valuation Committees. Prior to that, she was a market risk manager at State Street Global Markets. She also held a director of analytics role at Debt Exchange.

Sofia received a BS in Economics from the University of Latvia in 2000 and an MBA from Boston University in 2003. She speaks fluent Russian and Latvian.

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”).