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Nasdaq TradeTalks: The Inclusion of Blockchain-Based and Web 3.0 Assets in Portfolios

August 31, 2023

HarbourVest Principal Elliott Campbell joined Jill Malandrino on Nasdaq TradeTalks to discuss Web 3.0 and why private market investors should be paying attention to this disruptive technology. 

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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”).