- HarbourVest Global Private Equity's estimated net asset value per share stood at $12.77 at the end of July - $0.18 up from the end of June.

It said this change mainly reflected increases for publicly-traded holdings, as well as increases for privately-held securities as a portion of the portfolio was revalued to reflect 30 June 2013 results, and positive foreign currency movement. The increase was partially offset by ongoing operating expenses.

During July, HVPE invested $16.1m in a US fund-of-funds, a direct fund, and a global secondary fund.

The largest investment was to the increased commitment to US venture-focused fund-of-funds HarbourVest IX Venture.

The company received $6.8m of realisations during the month, the largest source of which was global secondary fund Dover VII, resulting in net negative cash flows of $9.3m.

With positive cash flows during 10 of the last 12 months, HVPE is $44.9m cash flow positive during the first half of the financial year.

At 9:12am: [LON:HVPE] share price was +0.03p at 9.63p

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