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The HarbourVest London Team

Kathleen Bacon

Senior Advisor

London

About Kathleen

Kathleen Bacon joined HarbourVest in London in 1994 and served as a managing director focused on managing European and emerging markets primary partnership investments. In June 2019, Kathleen became a Senior Advisor. Kathleen served on the advisory boards of a number of private equity partnerships. She also serves on the BVCA Council and is a founder of Level20, an organization where the goal is to attract and retain women in private equity.

Kathleen’s prior experience includes a position with the First National Bank of Boston, where she was responsible for lending to US subsidiaries of UK-owned companies.

Kathleen received a BA in Russian from Dartmouth College in 1986 and an MBA from Tuck School of Business at Dartmouth College in 1993.

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”).