HarbourVest Partners has held the final close of its twelfth flagship US fund, HarbourVest Fund XII, which closed above its $2.0 billion target at over $3.0 billion, including the General Partner commitment.
Fund XII provides investors with access to high-quality buyout, micro buyout, venture capital, and growth equity investments predominantly in the US through primary partnership investments and is complemented by secondary and direct co-investments. The programme aims to provide investors with compelling returns, while reducing risk through diversification.
The fund was supported by over 78 limited partners from four continents, including public and private pension funds, insurance companies, endowments, family offices, and ultra-high net worth investors.
