Statement re Stuart Howard joining Harbourvest

Statement re Stuart Howard joining Harbourvest

STUART HOWARD JOINS HARBOURVEST
TO FOCUS ON LISTED INVESTMENT COMPANIES

January 4, 2012 - HarbourVest today announced that Stuart Howard has joined the firm as Chief Operating Officer, European Listed Products.  Based in London, Stuart is responsible for overseeing HarbourVest's role in the operations of HarbourVest Global Private Equity Limited ("HVPE") and HarbourVest Senior Loans Europe ("HSLE"), two listed investment companies managed by HarbourVest affiliates.

Stuart joins HarbourVest from 3i, where he spent over ten years, most recently as Chief Operating Officer for Asia and the Americas. He has also held senior positions within 3i Infrastructure plc and 3i's Quoted Private Equity plc. Stuart is a chartered accountant and prior to joining 3i in 2001 was at Credit Agricole and before that at Deloitte where he undertook his accountancy training.  

Commenting on Stuart's appointment, George Anson, Managing Director of HarbourVest Partners (U.K.) Limited and a Director of HVPE, said:

"We are delighted to announce the appointment of such a talented COO to oversee our responsibilities in relation to HVPE and HSLE.  With a strong track record of senior positions in financial and operational roles within quoted investment companies, Stuart is ideally placed to lead on both HVPE and HSLE and continue to implement HarbourVest's vision of providing access to private equity and private debt through listed companies."

Stuart Howard said:

"I am very excited to join HarbourVest and look forward to working with HVPE and HSLE through the next stages of their development".

Enquiries:

HarbourVest
Stuart Howard Tel: +44 20 7399 9820   showard@harbourvest.com
Laura Thaxter Tel: +1 (617) 348 3695 lthaxter@harbourvest.com
Fishburn Hedges
Jason Nisse / Alastair Fairbrother Tel: +44 (0) 20 7839 4321HVPE@fishburn-hedges.co.uk

Notes to Editors:

About HarbourVest Partners, LLC:
HarbourVest Partners, LLC is an independent global alternative investment firm and an SEC-registered investment advisor.  HarbourVest provides investment programs for institutional investors to invest in venture capital, buyout, mezzanine debt, and distressed debt.  HarbourVest invests in these sectors globally through primary partnerships, secondary purchases, and direct investments.  HarbourVest and its subsidiaries have more than 230 employees, including more than 70 investment professionals deployed in Boston, London, Hong Kong, and Tokyo.  In nearly 30 years of investing in private equity, the team has committed more than $22 billion to newly-formed funds, representing relationships with 200 private equity managers.  The team has also completed over $8 billion in secondary purchases and invested $4 billion directly in operating companies.  To learn more about HarbourVest, visit www.harbourvest.com

About HarbourVest Global Private Equity Limited:
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 Partners, LLC. 

About HarbourVest Senior Loans Europe Limited
HarbourVest Senior Loans Europe Limited ("HSLE") is a Guernsey-incorporated company listed on the main market of the London Stock Exchange. The Company invests in the senior secured loans of private equity-backed mid-market companies in Europe, including the UK. The Company's objective is to provide income and capital growth through investment in existing or new senior secured loans. The Company's portfolio is intended to comprise senior secured loans issued by 20 to 30 companies diversified by industry and geography.  HSLE is managed by Harbourvest Senior Loan Advisers L.P. a limited partnership organised under the laws of the State of Delaware and which is an affiliate of HarbourVest Partners, LLC.




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: HarbourVest Global Private Equity Limited via Thomson Reuters ONE

HUG#1574960
UK 100

Latest directors dealings