HarbourVest Partners related stories
All articles and analysis
- Secondaries syndicate backs BofAML Asian spin-out
Paul Capital, HarbourVest, LGT and Axiom have committed around $400m to NewQuest Asia, the spin-out of Bank of America Merill Lynch Private Equity Asia.
- HarbourVest promotes four, expands in LatAm
The Boston-headquartered fund of funds manager has promoted Hong Kong-based Sebastiaan van den Berg to managing director and is in the process of opening an office in Colombia.
- Orchid Asia V holds first close on $327m
The China-based firm has attracted more than two dozen investors for its fifth fund, targeting $650m.
- HarbourVest backs Nomura venture spin-out
Phase4 Ventures, the venture capital arm of Nomura, has become an independent firm that will begin fundraising in the next 12 months.
- HarbourVest backs €177m VC spin-out
The firm’s secondary team, which has committed 75% of its $2.9bn Fund VII, has jointly funded the spin-out of a German VC group whose new media portfolio includes some high profile companies like Groupon.
- Stone Point set to close Trident V on $3.5bn
The financial services-focused firm has amassed a load of capital in the past few months, after having collected more than $1.5bn by August.
- Secondaries get complicated
A combination of financial distress and increased regulation in the West and the maturation of the primary fund market in the East are leading Asia’s secondary market to more complex deal structures. Secondary directs feature, but so too do more Asia-specific transactions, writes Jenny Blinch.
- HarbourVest scores $225m from NYSTRS
The $76bn New York State Teachers' Retirement System also renewed its contract with StepStone Group to work as its private equity consultant.
- Capital Dynamics opens Tokyo office
The Swiss fund of funds manager has secured ex-AI Capital head Kazushige Kobayashi to lead its second office in Asia.
- HarbourVest moves secondaries specialist to Asia
Tim Flower relocated to the firm’s Hong Kong office from London this month and is the firm’s first dedicated secondaries specialist in the region.