HarbourVest Partners, LLC (“HarbourVest” or the “Firm”), a leading global private equity firm, is pleased to announce that the readers of Private Equity International (PEI) and PrivateEquityInternational.com have named HarbourVest the Best Fund of Funds in North America in 2010.  HarbourVest has earned this award in seven of the last eight years.

“We are honored that the readers of PEI have selected HarbourVest for this award. Our global team of more than 230 people is focused on the goal of delivering top quartile returns to our limited partners. We are grateful that readers from around the globe have recognized our team’s efforts and results,” said John Morris, Managing Director of HarbourVest.

The editors of the Private Equity Annual Review 2010 highlighted HarbourVest’s new commitments from U.S. limited partners, as well as the London listings of HarbourVest Global Private Equity (HVPE) and HarbourVest Senior Loans Europe (HSLE).  HarbourVest’s 29 years of investing in private equity rank the firm among the most experienced in the industry, and we are pleased to be recognized by PEI readers once again.

About the Private Equity International Awards
Since 2001, Private Equity International magazine, alongside its digital companion PrivateEquityInternational.com, has conducted an annual poll of readers to find out which private equity and venture capital firms and transactions the industry rates most highly. Thousands of votes were cast by participants based in more than 50 countries with leading investors as well as fund managers and the advisory community all offering their own particular choices in 83 different categories.

About HarbourVest
HarbourVest Partners, LLC is an independent global alternative investment firm and an SEC-registered investment advisor.  HarbourVest provides investment programs for institutional investors to invest in venture capital, buyout, mezzanine debt, and distressed debt.  HarbourVest invests in these sectors globally through primary partnerships, secondary purchases, and direct investments.  HarbourVest and its subsidiaries have more than 230 employees, including more than 70 investment professionals deployed in Boston, London, Hong Kong, and Tokyo.  In nearly 30 years of investing in private equity, the team has committed more than $22 billion to newly-formed funds, representing relationships with 200 private equity managers.  The team has also completed over $6 billion in secondary purchases and invested $4 billion directly in operating companies.  The firm’s clients consist of 300 institutional investors, including pension funds, endowments, foundations, and financial institutions throughout the U.S., Canada, Europe, Australia, Latin America, and Japan.

Laura Thaxter
Tel: +1 617 348 3695