Valerie Costa Boston, MA – HarbourVest Partners, the global private markets investment specialist, today announced the appointment of Charlie Teeple as a Managing Director. In this role, he will be responsible for all aspects of credit specific operational functions and work closely with the credit leadership as the business continues to grow. “We are excited to welcome … Read more
London, UK – HarbourVest Partners, a global private markets investment specialist, today announced its partnership with AP7, a Swedish government pension fund, as a founder investor in a new private equity strategy. The $835 million USD anchor investment was made in January 2023 in a new open-ended evergreen private equity solution designed for non-US institutional … Read more
Boston, MA – HarbourVest Partners, the global private markets investment specialist, today announced the appointment of Peter Mahoney as a managing director and Head of Fund Accounting. In this role, Mahoney will be responsible for leading the firm’s fund and investment accounting operations, in addition to leading the Firm’s Valuation, and Audit Committees. “We are excited … Read more
BOSTON – HarbourVest Partners, the global private markets investment specialist, today announced the appointment of Javier Rodriguez as a managing director and Head of Client Operations. In this newly created role, Rodriguez will oversee the cross-functional integration of the Firm’s Client Experience, Investment Accounting, Treasury, Portfolio Analytics, and Performance Measurement teams. “We are excited to … Read more
Boston, MA – March 6, 2023 – HarbourVest Partners, a global private markets asset manager, today announced its 2023 promotions, including nine new Managing Directors, seven new Principals, and five Senior Vice Presidents. These promotions recognize team members whose expertise contributes to the success of HarbourVest and its clients across the Americas, Europe, and Asia … Read more
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”).