William Johnston - harbourvest
The HarbourVest Boston Team

William Johnston

Senior Advisor


About William

Bill Johnston joined the Firm in 1983 and was a managing director focused on direct co-investments through 2015. In January 2016, he became a Senior Advisor. He was previously a member of the Firm’s Investment Committee. Bill serves on the Board of Trustees of Colgate University and the Board of Directors of Beth Israel Deaconess Medical Center (BIDMC) and he is on BIDMC’s Finance Committee. He also serves on the Board of Directors of Harvard Medical Collaborative, Inc.

Bill’s previous experience includes two years with the Corporate Finance Department of John Hancock, as well as working as an assistant vice president for State Street Bank in Boston.

He received a BA from Colgate University in 1973 and an MBA from Syracuse University School of Management in 1975.

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”).