Following HVPE’s August update, its last-reported NAV is now largely based on end-June valuations and captures the rebound in equity markets following the March downturn. In recent months, capital calls from underlying general partners (GPs) moderated compared to March/April while distributions to HVPE resumed (although are still below historical average). Consequently, HVPE was able to partially repay its credit facility and maintained a stable coverage ratio versus April. While the ra
29 Sep 2020
HarbourVest Global Private Equity - Rebounding NAV, liquidity remains secured
HarbourVest Global Private Equity - Rebounding NAV, liquidity remains secured
Harbourvest Global Private Equity Limited Red.Shs USD (HVPD:LON) | 0 0 1.1% | Mkt Cap: 2,170m
- Published:
29 Sep 2020 -
Author:
Milosz Papst -
Pages:
3
Following HVPE’s August update, its last-reported NAV is now largely based on end-June valuations and captures the rebound in equity markets following the March downturn. In recent months, capital calls from underlying general partners (GPs) moderated compared to March/April while distributions to HVPE resumed (although are still below historical average). Consequently, HVPE was able to partially repay its credit facility and maintained a stable coverage ratio versus April. While the ra