HarbourVest sees net asset value hit record high
HarbourVest Global Private Equity posted a net asset value of $10.92 per share on Wednesday, its highest ever level. The increase – up 6.6% from January and up 9% since the private equity firm listed in 2007 – was driven by rising portfolio asset value and strong exits.
HarbourVest unloaded Zurich-based Nycomed to Japan's Takeda Pharmaceutical in May for $13.5 billion, which will result in distributions of $30 million. There were also 14 IPOs by HarbourVest portfolio...
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