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HarbourVest Global Private Equity reports rise in half-yearly net assets

By BFN News | 07:52 AM | Friday 27 November, 2020


Investment company HarbourVest Global Private Equity reported a rise in net assets in the six months through July, outperforming its benchmark as markets recovered. For the six-months ended 31 July 2020, net asset value per share rose 2.2% to $28.18, outperforming the FTSE All World Total Return Index by 2.3% over the period. Opportunistic secondary co-investment transaction was the largest single-fund contributor to NAV per share growth, the company said. Distributions outperforming initial expectations, though remained below pre-COVID-19 levels, it added. Story provided by StockMarketWire.com

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