HVPE seeks to generate superior returns for shareholders through long-term capital appreciation by investing primarily in a diversified portfolio of private markets investments.
We do this by “committing” (see the Glossary for an explanation) to funds managed by HarbourVest, the Investment Manager (see Who We Are). At the end of each year the HVPE Board approves a plan for making new commitments to HarbourVest funds over the subsequent 12-month period.
New commitments are assessed across a range of factors and considerations including the anticipated pace of investments and realisations, while the breakdown by fund is decided with reference to the agreed Strategic Asset Allocation targets (see Portfolio Diversification).
The result is a complete private markets solution providing investors with diverse exposure to over 1,000 material private companies.