HarbourVest Global Private Equity (HVPE) has recorded a 12-month rise in NAV (based on a preliminary figure at end-July 2019) of 8.7%, which is a solid beat versus the public benchmark. Over the last six months, HVPE remained a net investor deploying US$202m into HarbourVest funds (compared to US$139m distributions), mostly on the back of the real assets deal in February. We note that despite HVPE’s limited UK portfolio exposure and long-term NAV outperformance vs UK equities, its short
19 Sep 2019
HarbourVest Global Private Equity - Opportunity amid UK market weakness
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HarbourVest Global Private Equity - Opportunity amid UK market weakness
Harbourvest Global Private Equity Limited Red.Shs USD (HVPD:LON) | 0 0 1.1% | Mkt Cap: 2,170m
- Published:
19 Sep 2019 -
Author:
Milosz Papst -
Pages:
9
HarbourVest Global Private Equity (HVPE) has recorded a 12-month rise in NAV (based on a preliminary figure at end-July 2019) of 8.7%, which is a solid beat versus the public benchmark. Over the last six months, HVPE remained a net investor deploying US$202m into HarbourVest funds (compared to US$139m distributions), mostly on the back of the real assets deal in February. We note that despite HVPE’s limited UK portfolio exposure and long-term NAV outperformance vs UK equities, its short