HarbourVest Partners Promotes Mirani to Managing Director

"Hemal's exceptional commitment to the Firm's Asia Pacific business and exacting professional standards have advanced HarbourVest's and its clients' interests in a challenging and strategic market," said Edward W. Kane, Senior Managing Director of HarbourVest.

Ms. Mirani joined the firm in 1997 and played a vital role in establishing HarbourVest's presence in the region. Over the past ten years, she has developed relationships with fund managers and with the Firm's regional and global client base. As a Managing Director, Ms. Mirani will continue to expand her role in each of these areas.

"We have been consistently impressed by Hemal's accomplishments and high professional standards that have helped grow our business and achieve strong performance for our investors," said D. Brooks Zug, Senior Managing Director of HarbourVest. "We are pleased to recognize her as a Managing Director and look forward to her continued contributions to the Firm."

HarbourVest recently closed its fifth international fund-of-funds, HarbourVest International Private Equity Partners V-Partnership Fund, at €2.8 billion, which includes the HIPEP V-Asia Pacific and Rest of World Fund that was oversubscribed by investors. "Hemal has been a key contributor to the success of our Asia Pacific investment programs over the years," noted Philip M. Bilden, Managing Director of HarbourVest Partners (Asia) Limited in Hong Kong. "Hemal's experience over multiple investment cycles in Asia will help HarbourVest maintain investment leadership in the region."

Ms. Mirani received a BA in Commerce from Sydenham College (Bombay) in 1989, an MA in International Studies with a Japanese language concentration from the Joseph H. Lauder Institute, and an MBA in Finance from the Wharton School in 1997. The latter two were part of a joint degree program at the University of Pennsylvania. She also serves on the advisory boards of several Asia Pacific partnerships.

About HarbourVest
HarbourVest Partners, LLC is an independent global private equity investment firm and an SEC registered investment advisor, providing vehicles for institutional investors to invest in the venture capital and buyout markets in the U.S., Europe, and elsewhere through primary partnerships, secondary purchases, and direct investments. HarbourVest and its subsidiaries have 165 employees, including 63 investment professionals deployed in Boston, London, and Hong Kong. In 25 years of investing in private equity, the team has committed more than $15.7 billion to newly formed funds, representing relationships with 200 private equity managers. The team has also completed over $3.8 billion in secondary purchases of partnership interests and invested $2.7 billion directly in operating companies. The firm's clients consist of 240 institutional investors, including pension funds, endowments, foundations, and financial institutions throughout the U.S., Canada, Europe, Australia, and Japan. To learn more about HarbourVest, visit http://www.harbourvest.com/. This communication has been approved for issue in the United Kingdom by HarbourVest Partners (U.K.) Limited, which is regulated by the Financial Services Authority.