HarbourVest Partners Closes Fund XII, at Over $3.0 Billion

HarbourVest Partners, a Boston, MA-based global private markets investment specialist, closed its twelfth flagship US fund, HarbourVest Fund XII, at over $3.0 billion, including the General Partner commitment.

The fund was supported by over 78 limited partners from four continents, including public and private pension funds, insurance companies, endowments, family offices, and ultra-high net worth investors.

Fund XII provides investors with access to high-quality buyout, micro buyout, venture capital, and growth equity investments predominantly in the US through primary partnership investments and is complemented by secondary and direct co-investments. The program aims to provide investors with compelling returns, while reducing risk through diversification.

Led by Ryan Gunther and Amanda Outerbridge, Managing Directors, HarbourVest Partners is an independent, global private markets firm with 40 years of experience and more than $100 billion of assets under management as of June 30, 2022. Its team of more than 1,000 employees, including more than 190 investment professionals across Asia, Europe, and the Americas, has committed more than $52 billion to newly-formed funds, completed over $43 billion in secondary purchases, and invested over $31 billion in directly operating companies.

FinSMEs

27/09/2022