HarbourVest Partners has closed on its acquisition of the Bank of America Merrill Lynch Capital Access Funds Group (CAF), a private equity fund-of-funds manager.  The BofA unit has historically focused on emerging managers and those managed by minorities or women, advising on approximately $1.9 billion in capital commitments for large institutional clients since inception in 2002. It will be renamed HarbourVest Horizon as part of the transaction, and the group’s six associates will join HarbourVest.