HarbourVest
Secondary Case Studies

Transaction Types

(click on a transaction type below to see sample case studies)

> Traditional LP Interest
> Synthetic Secondary
> Structured Transaction
> Linked Transaction

Traditional LP Interest  
Closed March 2003
Seller U.K. Financial Institution
Transaction Dynamic
  • A U.K. financial institution had decided to exit the private equity investment class
Transaction Structure
  • Purchased single limited partnership interest in the offshore AIV of a San Francisco-based leveraged buyout firm
  • 3 privately held companies and 1 public company at time of purchase
  • 50% funded interest in a well-respected manager
HarbourVest Advantage
  • Existing investor in its main fund; helped to identify seller
  • Familiar with manager and portfolio
  • Able to formulate an offer quickly and meet seller’s pricing expectations