27/05/2010 The London Stock Exchange welcomes HarbourVest Senior Loans Europe Limited to the Main Market
HarbourVest Senior Loans Europe Limited is pleased to announce the successful admission (“Admission”) of its entire issued share capital (“Shares”) to the Main Market (“SFM”) of the London Stock Exchange plc. The company’s shares are traded under the symbol HSLE and are denominated in UK Sterling.
Mr. Colin Maltby, Chairman of HSLE, said:
“I am delighted that the Company has attracted strong support from a prestigious group of established institutional investors despite the uncertainty and turbulence that has returned to global financial markets in recent weeks and days. The team is looking forward to getting to work and to delivering returns for our shareholders.”
HarbourVest Senior Loans Europe Limited (“HSLE”) is a Guernsey-incorporated closed-end investment company which intends to invest in the senior secured loans of private equity-backed mid-market companies in Europe, including the UK. Its investment objective is to provide shareholders with a combination of a high level of income and capital growth over time, whilst
preserving capital. HSLE is managed by HarbourVest Senior Loan 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.
Collins Stewart Europe Limited acted as Sponsor and Placing Agent to the Company. The Company’s legal advisers as to English Law are Herbert Smith LLP and as to Guernsey Law are Ozannes.