StockMarketWire.com - HarbourVest Global Private Equity's estimated net asset value per share at 31 May was $14.76 - a 3% increase from 31 January.

In April, the company committed a total of $291 million to newly-formed HarbourVest funds. The investment pipeline of unfunded commitments is $819m, reflecting HVPE’s forward commitment strategy.

During the four months ended 31 May, HVPE invested $48m in HarbourVest funds and received $83m of realisations from HarbourVest funds, resulting in net positive cash flows during the interim period.

HVPE repaid $42m (net of borrowings) against its credit facility and gearing has decreased to 5% from 8% at 31 January and a peak of 20% in September 2011.


At 9:06am: [LON:HVPE] Harbourvest Global Private Equity share price was +0.01p at 11.48p



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