Statement re DEFINITIVE END RESULT OF HARBOURVE...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART IN, INTO OR WITHIN ANY JURISDICTION IN WHICH ITS RELEASE, PUBLICATION
OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN
OFFER OF SECURITIES OR THE SOLICITATION OF AN OFFER TO ACQUIRE SECURITIES IN THE
UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR IN ANY OTHER SUCH JURISDICTION.


September 5, 2011

                   ANNOUNCEMENT OF THE DEFINITIVE END RESULT
               OF HARBOURVEST'S PUBLIC TENDER OFFER FOR ABSOLUTE

  * 43.0 MILLION SHARES TENDERED REPRESENTING OVER 98% OF ABSOLUTE SHARES
  * SETTLEMENT EXPECTED ON SEPTEMBER 13, 2011


HarbourVest Partners, LLC ("HarbourVest"), HarbourVest Global Private Equity
Limited ("HVPE"), and the board of Absolute Private Equity Ltd ("Absolute" and
the "Absolute Board") are pleased to announce that a total of 43'005'846 shares
of Absolute have been tendered to HarbourVest Acquisition GmbH ("HarbourVest
Acquisition") under the public tender offer published on  June 7, 2011 (the
"HarbourVest Offer") for all publicly held bearer shares of Absolute, with a
nominal value of CHF 10 each (each, an "Absolute Share"). The tenders amount to
98.68% of all Absolute Shares and voting rights issued and outstanding as of the
date of this release.

John Toomey, Managing Director of HarbourVest commented: "We are delighted by
this result and believe the high take-up by Absolute shareholders shows the fair
value of our offer.  The high level of acceptances will allow us to follow
through on our stated intention to take Absolute private."

Given the current tender level, HarbourVest plans to delist Absolute and operate
it as a privately-held entity.

Following settlement of the HarbourVest Offer, HarbourVest Acquisition intends
to have the Absolute Board be composed of three members, one of whom shall be
Thomas Amstutz and two of whom, including the chairman of the Absolute Board,
shall be designated by the group of entities ultimately managed and controlled
by HarbourVest.  John Toomey and Fred Maynard, both of HarbourVest, have been
proposed as board members for election at Absolute's extraordinary general
meeting on September 22, 2011.

The settlement of the HarbourVest Offer is expected to take place on September
13, 2011.  HarbourVest has been advised by Bank Vontobel AG, Debevoise &
Plimpton LLP and Pestalozzi Attorneys at Law Ltd.


Enquiries:

Fishburn Hedges

Jason Nisse / Alastair      Tel: [phone]
Fairbrother                 [e-mail]



Farner Consulting AG

Urs Knapp/Maurus Staubli    Tel.: [phone]
                            [e-mail]



HarbourVest / HVPE

Laura Thaxter               Tel.: [phone]
                            [e-mail]



Absolute Private Equity Ltd

Thomas Amstutz              Tel.: +41 (0)43
                            888 63 [e-mail]




Notes to Editors:

About HarbourVest Partners, LLC:
HarbourVest is an independent global private equity firm that invests in venture
capital,   buyout,   mezzanine   debt,   and  distressed  debt  through  primary
partnerships,   secondary   purchases,  and  direct  investments.  Since  1984,
HarbourVest  has been  a leading  buyer of  private equity  assets, acquiring $8
billion  of  assets  in  over  350 deals  of  all  stages,  types, vintages, and
geographies   and  working  with  all  types  of  sellers,  including  financial
institutions,  corporations, pension plans, government entities, endowments, and
family offices. This flexibility enables HarbourVest to offer sellers of private
equity  comprehensive  liquidity  solutions.  Over  the  years,  more  than 300
institutional  investors throughout the U.S., Canada, Europe, Latin America, and
Asia  have  committed  over  US$30 billion  to  funds managed by HarbourVest. It
currently  has 236 employees  in its  Boston office  and London,  Hong Kong, and
Tokyo subsidiaries.

About HarbourVest Global Private Equity Limited:
HVPE  is a Guernsey-incorporated closed-end investment  company which has a dual
listing  on  both  the  London  Stock  Exchange and Euronext Amsterdam.  HVPE is
registered  as an investment institution with  the Netherlands Authority for the
Financial  Markets.  HVPE  is designed  to offer  shareholders long-term capital
appreciation   by  investing  in  a  private  equity  portfolio  diversified  by
geography, by stage of investment, by vintage year, and by industry.  It invests
in  and alongside HarbourVest-managed  funds which focus  on primary partnership
commitments,   secondary   investments,  and  direct  investments  in  operating
companies.   HVPE  is  advised  by  HarbourVest  Advisers  L.P., an affiliate of
HarbourVest.

About Absolute Private Equity Ltd:
Absolute  is an investment company incorporated in Switzerland and listed on the
SIX  Swiss Exchange. The company's objective is to realize compounded returns in
excess  of those available through conventional investments in the public equity
markets.  The company primarily invests in private funds, across various sectors
of  the private equity  market focusing on  US, European and other international
buyout and venture capital funds.


This  announcement is for  information purposes only  and does not constitute or
form  part of any  offer to issue  or sell, or  the solicitation of  an offer to
acquire,  purchase or  subscribe for,  any securities  in any  jurisdiction.  In
particular,  this announcement does not constitute or  form part of any offer to
issue or sell, or the solicitation of an offer to acquire, purchase or subscribe
for,  any  securities  in  the  United  States  of  America, its territories and
possessions,  any state  of the  United States  of America  and the  District of
Columbia  (the "United  States") or  to US  Persons (as  defined in Regulation S
under the US Securities Act of 1933, as amended).  Neither this announcement nor
any  copy of it  may be taken,  released, published or  distributed, directly or
indirectly in or into any jurisdiction where such action would be unlawful.

General

The  HarbourVest Offer will not be made,  directly or indirectly, in any country
or  jurisdiction (each, a "Restricted Territory") in which the HarbourVest Offer
would  be illegal or would otherwise violate any applicable law or ordinance, or
which would require HarbourVest Acquisition to change the terms or conditions of
the  HarbourVest Offer  in any  way, to  submit any  additional filing to, or to
perform  any additional action  in relation to,  any governmental, regulatory or
legal  authority. It  is not  intended to  extend the  HarbourVest Offer  to any
Restricted  Territory. Documents relating  to the HarbourVest  Offer must not be
distributed  in or sent to any Restricted Territory. Any such documents must not
be  used for the purpose of soliciting the sale or purchase of securities by any
person or entity resident or incorporated in any Restricted Territory.  Absolute
will  provide to its shareholders documents relating to the HarbourVest Offer in
accordance   with  applicable  law,  except  to  shareholders  resident  in  any
Restricted Territory.


United States

The HarbourVest Offer will not be made directly or indirectly in, into or by use
of  the mail  of, or  by any  means or  instrumentality of interstate or foreign
commerce  of, or any facilities of a national securities exchange of, the United
States and may only be accepted outside the United States. This includes, but is
not  limited  to,  facsimile  transmission,  telex  or  telephone  or electronic
transmission  by way  of the  internet or  otherwise. The  pre-announcement, the
offer   prospectus  and  any  other  offering  materials  with  respect  to  the
HarbourVest  Offer must not be  distributed in or sent  to the United States and
must  not be  used for  the purpose  of soliciting  the sale  or purchase of any
securities of Absolute from anyone in the United States. HarbourVest Acquisition
is  not soliciting the  tender of securities  of Absolute by  any holder of such
securities  in the United States. Absolute  securities will not be accepted from
holders  of such securities in the  United States, including agents, fiduciaries
or  other intermediaries acting on a  non-discretionary basis for holders giving
instructions  from within  the United  States. Any  purported acceptance  of the
HarbourVest  Offer that HarbourVest  Acquisition or its  agents believe has been
made  in or from the United  States will be invalidated. HarbourVest Acquisition
reserves  the absolute right to reject any  and all acceptances determined by it
not to be in the proper form or the acceptance of which may be unlawful.

United Kingdom

This  press release is not an invitation nor  is it intended to be an inducement
to  engage  in  investment  activity  for  the  purposes  of the restrictions on
financial  promotion set out in Section 21 of the Financial Services and Markets
Act  2000 of the  United Kingdom  (the "FSMA").  To the  extent that  this press
release  does constitute an inducement to  engage in any investment activity, it
is  directed  only  at:  (i)  persons  who  are outside the United Kingdom, (ii)
persons  who are investment professionals within the meaning of Article 19(5) of
the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as
amended)  of the United Kingdom (the "Financial Promotion Order"); (iii) persons
who   fall   within   Articles  49(2)(a) to  (d)  ("high  net  worth  companies,
unincorporated associations etc. ") and Article 43(2) of the Financial Promotion
Order;  and (iv) any  other persons to  whom this press  release can lawfully be
communicated without breaching the prohibition on financial promotion in Section
21 of  FSMA or any  other relevant legislation  (all such persons together being
referred  to as "relevant persons"). This press  release must not be acted on or
relied upon by persons other than relevant persons. Any invitation or inducement
to  engage  in  any  investment  activity  included within this press release is
available  only to relevant  persons and will  be engaged in  only with relevant
persons.  Anyone  other  than  a  relevant  person  must  not rely on this press
release.

HVPE is registered with the Netherlands Authority for the Financial Markets as a
collective  investment scheme which may  offer participations in the Netherlands
pursuant  to article 2:66 of  the Financial Markets  Supervision Act (Wet op het
financieel  toezicht). All investments are subject  to risk. Past performance is
no guarantee of future returns. Prospective investors are advised to seek expert
legal, financial, tax and other professional advice before making any investment
decision.  The value of investments may  fluctuate. Results achieved in the past
are no guarantee of future results.

This  announcement is issued  by HarbourVest and  HVPE, which is registered with
the Netherlands Authority for the Financial Markets and whose registered address
is at Anson Place, Mill Court, La Charroterie, St Peter Port, Guernsey GY1 1EJ.

©  2011 HarbourVest Partners, LLC and HarbourVest Global Private Equity Limited.
All rights reserved.













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Source: HarbourVest Global Private Equity Limited via Thomson Reuters ONE

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