The HarbourVest Singapore Team

Varun Khandelwal



About Varun

Varun Khandelwal joined HarbourVest in 2024 and focuses on sourcing, reviewing, executing, and monitoring direct co-investments.

Varun comes with over 14 years of Private Equity investing experience across Asia. Prior to joining the Firm, Varun was a principal in growth investments at Premji Invest, responsible for direct investments and strategic primary investments. His prior experience includes direct investing roles at Creador, L Catterton Asia, and India Equity Partners.

Varun is an alumnus of Harvard Business School. He received a BA in Commerce from Shri Ram College of Commerce, India in 2005 and Masters in Business Administration from Indian Institute of Management in 2008.

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”).