HARBOURVEST GLOBAL PRIVATE EQUITY LTD. Annual Results
12 Months to 31 January 2023
One share.
A world of private company opportunities.
What we do
Chair's
Introduction
Overview of
HVPE and
HarbourVest
Our Purpose
"HVPE exists to provide easy access to a diversified global portfolio of high-quality private companies by investing in HarbourVest-managed funds, through which we help support innovation and growth in a responsible manner, creating value for all our stakeholders."
Annual Results
Shareholders
HarbourVest Partners | General Partners (GPs) | |
1,000+ Portfolio
Companies
Recent Events
HVPE
HarbourVest Partners
Funds
GP Funds
Conclusion
Board of Directors
Typically a complex and exclusive route available only to institutional and high net worth investors
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Who makes it happen
Chair's
Introduction
Overview of
HVPE and
HarbourVest
Annual
Results
Recent Events
Conclusion
Independent
Board of
Directors
Ed | Anulika | Francesca | Libby | Steven |
Warner | Ajufo | Barnes | Burne | Wilderspin |
Chair | ||||
Boston |
HVPE
Investment
Committee
John Greg
Toomey Stento
London
HVPE
Team
Richard | Alexandra | Charlotte | Martin | Amelia | Elizabeth |
Hickman | Cornforth | Edgar | Li | Bissett | Ibbs |
Managing Director | Head of Corporate | Head of Investor | Portfolio | Investor Relations & | Executive |
Assistant | |||||
Governance | Relations | Associate | Communications | ||
Analyst |
HarbourVest
CarolinaPete
EspinalWilson
Boston
Billy | Elena |
Macaulay | Nordemann |
Director of Finance | Portfolio |
Associate |
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HarbourVest Partners, the Manager
Chair's
Introduction
Overview of
HVPE and
HarbourVest
Annual
Results
Recent Events
Conclusion
$106.9 billion | 1,000+ | Private markets | 25+ years | ||||||||||||||||||||||||||||||||
colleagues | |||||||||||||||||||||||||||||||||||
total AUM | 215+ | specialists in equity, credit, and | average industry experience of | ||||||||||||||||||||||||||||||||
across all strategies* | real assets | managing directors | |||||||||||||||||||||||||||||||||
investment professionals | |||||||||||||||||||||||||||||||||||
1,000+ | Strong track record of | Expertise | 1,000+ | ||||||||||||||||||||||||||||||||
in primary, secondary, direct co- | |||||||||||||||||||||||||||||||||||
advisory | 40 years | ||||||||||||||||||||||||||||||||||
investments, credit, and real | managers tracked | ||||||||||||||||||||||||||||||||||
board seats | assets | ||||||||||||||||||||||||||||||||||
Dublin | London | Frankfurt | |||||||||||||||||||||||||||||||||
Toronto | Boston | Seoul | |||||||||||||||||||||||||||||||||
Beijing | |||||||||||||||||||||||||||||||||||
Tel Aviv | Tokyo | ||||||||||||||||||||||||||||||||||
Hong Kong | |||||||||||||||||||||||||||||||||||
Bogotá | Singapore | ||||||||||||||||||||||||||||||||||
Americas | EMEA | Asia Pacific | |||||||||||||||||||||||||||||||||
Sydney | |||||||||||||||||||||||||||||||||||
146 | $86.7 | 42 | $36.0 | 31 | $12.2 | ||||||||||||||||||||||||||||||
Investment | Billion | Investment | Billion | Investment | Billion | ||||||||||||||||||||||||||||||
Professionals | Committed | Professionals | Committed | Professionals | Committed | ||||||||||||||||||||||||||||||
Top section: As of December 31, 2022. *Reflects committed capital from LPs for all active funds/accounts, excludes any funds/accounts that are in extension, liquidation, or fully liquidated. "1,000+ managers tracked" | |
refers to HarbourVest Partners having invested with 1,000+ managers since inception and, as such, investment-level performance is tracked for 1,000+ managers. | |
Bottom section: As of December 31, 2022. Based on primary, secondary, and direct commitments made by HarbourVest since inception. Commitment amounts reflect the aggregate commitments made by HarbourVest to | 4 |
primary, secondary, and direct investments since inception, and are presented gross of leverage. Arrows indicate HarbourVest team location. N.B. Sydney office was opened in September 2022. |
Long-term performance
Chair's
Introduction
Overview of
HVPE and
HarbourVest
Annual
Results
Recent Events
Conclusion
14.6% compound annual NAV per share growth rate (in USD) over the last 10 years
Outperformance of 5.7% annualised compared to FTSE All World Total Return Index over the same period
+296% share price total return (in GBP) over the same period
NAV per share ($) | Share Price ($) | $49.11 | $48.52 | |
(Figures in brackets denote share price discount to NAV per share in USD)
$35.97 | ||||||||||
$24.09 | $27.58 | $37.30 | ||||||||
$21.46 | ||||||||||
$16.75 | $18.47 | $27.10 | ||||||||
$14.38 | $15.86 | $24.15 | $25.55 | |||||||
$12.46 | ||||||||||
$17.77 | $18.75 | |||||||||
$15.03 | ||||||||||
$8.66 | $12.73 | $12.41 | ||||||||
$10.75 | ||||||||||
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
(31%) | (25%) | (20%) | (26%) | (19%) | (17%) | (22%) | (12%) | (29%) | (24%) | (44%) |
Past performance is not indicative of, or a guarantee of, future performance. The value of an investment in the Company may fluctuate and share prices and returns may go down as well as up. 10-year comparisons reflect
growth in the 10 years to 31 January 2023. "%" per-annum outperformance refers to percentage point outperformance. The 2013 to 2023 numbers in the graph reflect final 31 January audited NAV per share figures. | 5 |
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Disclaimer
HarbourVest Global Private Equity Ltd. published this content on 26 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2023 10:37:25 UTC.
