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Valerie Costa

HarbourVest Partners Expands Senior Team with Promotions to Managing Director, Principal, and Senior Vice President

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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”).