FTSE 250 HarbourVest Global Private Equity (HVPE) has today today announced that NAV increased by 0.8% during the month ending 31 January 2025. Estimated NAV per share was $52.82 (£42.61). In the same period, January saw negative cash flow, with a net $20 million invested during the month whilst there were 21 M&A transactions and IPOs, compared to last 12-month average total of 33.

HVPE continued to buy back shares. Since September 2022, a total of $164 million has been bought back, adding 3.5% to NAV per share. Of this total, $106 million has been deployed under HVPE’s Distribution Pool mechanism initiated on 1st February 2024. The Distribution Pool balance was $37.5 million at the month end.

January Newsletter

Below is an interview with Chairman Ed Warner & Managing Director, Richard Hickman