HarbourVest Global Private Equity

LN: HVPE

£1178.8m market cap

1476p last close

HarbourVest Global Private Equity Limited (HVPE) is a Guernsey closed ended investment company that aims to provide long-term capital appreciation through a private equity portfolio well diversified by vintage year, geography, industry and strategy.

Investment summary

HarbourVest Global Private Equity’s (HVPE) first-half results showed good progress in NAV (+6.8% in US$ terms), ahead of its listed equity benchmark and a private equity index, both of which were negative over the period. Looking ahead, HVPE notes the high valuations prevailing in the private market and the risks of further listed market volatility. In this environment, the portfolio’s diversification and HarbourVest’s experience in manager selection are likely to be particularly valuable attributes.

Share price graph
Price performance
%
1m
3m
12m
Actual 4.4 7.1 19.0
Relative* 1.6 5.1 21.3
52-week high/low 1476.0p/1178.0p
*% relative to local index
Key management
Sir Michael Bunbury Chairman
Richard Hickman Fund Manager
Peter Wilson Non-executive director

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