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Industry publications frequently recognize HarbourVest as a leading private equity manager.
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Secondary Criteria
HarbourVest acquires private equity assets of all stages, types, vintages, and geographies, as well as assets that are either ERISA or non-ERISA qualified. We have completed transactions ranging from less than $10 million to more than $1.0 billion in size with all types of sellers, including financial institutions, corporations, pension plans, governmental entities, endowments, and family offices. This flexibility enables HarbourVest to offer sellers of private equity comprehensive liquidity solutions.
Investment Selection Process
When evaluating a secondary investment, HarbourVest performs an independent valuation of the portfolio and projects its expected performance in order to make appropriate investment decisions. The secondary due diligence process includes a bottom-up, company-by-company analysis, as well as an assessment of the fund manager responsible for managing the portfolio. Throughout the selection process, HarbourVest’s team leverages proprietary resources, benefiting from information from its primary and direct investments. These broad and deep resources enable us to efficiently evaluate and execute secondary transactions ranging in size, geography and asset type.
As secondary investment transaction volume and complexity have increased, HarbourVest has maintained its position at the forefront of the industry through proprietary deal sourcing and the use of innovative financing structures that address the needs of both buyer and seller.
