12/05/2010 The London Stock Exchange welcomes HarbourVest Global Private Equity Limited to the Specialist Fund Market
HVPE is pleased to announce the successful admission (“Admission”) of its entire issued share capital (“Shares”) to the Specialist Fund Market (“SFM”) of the London Stock Exchange plc. Following Admission, HVPE’s shares will be traded on both the SFM and Euronext Amsterdam under the symbol HVPE.
Sir Michael Bunbury, Chairman of HVPE, said:
“Admission to trading on the Specialist Fund Market is part of a series of measures intended to stimulate long-term interest and activity in the Company’s shares. We believe that the ability to trade HVPE’s shares in London and hold shares in CREST should be attractive to the Company’s target investor base.”
HarbourVest Global Private Equity Limited (“HVPE”) is a Guernsey-incorporated closed-end investment company designed to offer shareholders long-term capital appreciation by investing in a private equity portfolio diversified by geography, strategy, vintage year and industry. HVPE is managed by HarbourVest Advisers L.P., an affiliate of HarbourVest Partners, LLC, a leading private equity fund-of-funds manager which has committed more than US$30 billion to private equity investments over its 28-year history. HVPE invests in and alongside HarbourVest-managed funds which focus on primary partnership commitments, secondary investments, and direct investments in operating companies.
J.P. Morgan Cazenove and Oriel Securities are acting as joint Corporate Brokers in connection with the Admission.