HarbourVest Global Appointment Of Director

 
TIDMHVPE 
 
 
   31 March 2017 
 
   HARBOURVEST GLOBAL PRIVATE EQUITY LIMITED 
 
   ANNOUNCES APPOINTMENT OF DIRECTOR 
 
   HarbourVest Global Private Equity Limited ("HVPE" or the "Company") is 
pleased to announce the appointment of Francesca Barnes as a 
non-executive director of the Company with effect from 3 April 2017. 
 
   Ms Barnes brings a wealth of private equity, banking and finance 
experience to the HVPE Board. Most recently she was non-executive 
director of Electra Private Equity PLC, a FTSE 250 investment trust 
specialising in private equity investments - a position she held from 
2013 to 2016. Prior to this, Ms Barnes spent 16 years at UBS AG, serving 
as Global Head of Private Equity for the latter seven years following on 
from senior positions in restructuring and loan portfolio management. 
Preceding this, Ms Barnes spent 11 years with Chase Manhattan UK and US, 
in roles spanning commodity finance and private equity. 
 
   Ms Barnes pursues a number of activities in both the commercial and 
voluntary sectors and serves as non-executive director of Coutts and 
Company, non-executive director of Capvis private equity, the Chair of 
Trustees for Penny Brohn Cancer Care and a member of the University of 
Southampton council. 
 
   Sir Michael Bunbury, Chairman of the Company, said: "The Board of 
HarbourVest Global Private Equity is delighted that Francesca Barnes has 
agreed to become a director of the Company. She has a stellar career 
history with outstanding relevant experience and I have no doubt she 
will be a valuable addition to the Board." 
 
   Ms Barnes holds, or has held within the five years prior to the date of 
this announcement, the following directorships and partnerships of 
publicly quoted companies: 
 
 
 
 
Current directorships / Partnerships  Past directorships / Partnerships - 
 - Publicly Quoted                    Publicly Quoted 
                                      Electra Private Equity PLC 
 
 
   There is no information concerning Ms Barnes which is required to be 
disclosed pursuant to Listing Rule 9.6.13 R (2) to (6) inclusive. 
 
   Enquiries: 
 
 
 
 
 
HarbourVest 
Richard Hickman         Tel: [phone]     [e-mail] 
Laura Thaxter           Tel: [phone]       [e-mail] 
 
FleishmanHillard 
Fishburn 
Henry Adams             Tel: [phone]     [e-mail] 
 Ludo Baynham-Herd      Tel: [phone]      [e-mail] 
 
 
 
   Notes to Editors: 
 
   About HarbourVest Global Private Equity Limited: 
 
   HarbourVest Global Private Equity Limited ("HVPE" or the "Company") is a 
Guernsey-incorporated, closed-end investment company which is listed on 
the Main Market of the London Stock Exchange and is a constituent of the 
FTSE 250 index. HVPE is designed to offer shareholders long-term capital 
appreciation by investing in a private equity portfolio diversified by 
geography, stage of investment, vintage year, and industry. The Company 
invests in and alongside HarbourVest-managed funds which focus on 
primary fund commitments, secondary investments and direct 
co-investments in operating companies. HVPE's investment manager is 
HarbourVest Advisers L.P., an affiliate of HarbourVest Partners, LLC, an 
independent, global private markets investment specialist with more than 
30 years of experience. 
 
   About HarbourVest Partners, LLC: 
 
   HarbourVest is an independent, global private markets investment 
specialist with more than 30 years of experience and more than $40 
billion in assets under management. The Firm's powerful global platform 
offers clients investment opportunities through primary fund investments, 
secondary investments, and direct co-investments in commingled funds or 
separately managed accounts. HarbourVest has more than 400 employees, 
including more than 100 investment professionals across Asia, Europe, 
and the Americas. This global team has committed more than $31 billion 
to newly-formed funds, completed over $15 billion in secondary purchases, 
and invested $5 billion directly in operating companies. Partnering with 
HarbourVest, clients have access to customised solutions, longstanding 
relationships, actionable insights, and proven results. 
 
   This announcement is for information purposes only and does not 
constitute or form part of any offer to issue or sell, or the 
solicitation of an offer to acquire, purchase or subscribe for, any 
securities in any jurisdiction and should not be relied upon in 
connection with any decision to subscribe for or acquire any Shares.  In 
particular, this announcement does not constitute or form part of any 
offer to issue or sell, or the solicitation of an offer to acquire, 
purchase or subscribe for, any securities in the United States or to US 
Persons (as defined in Regulation S under the US Securities Act of 1933, 
as amended ("US Persons")).  Neither this announcement nor any copy of 
it may be taken, released, published or distributed, directly or 
indirectly to US Persons or in or into the United States (including its 
territories and possessions), Canada, Australia or Japan, or any 
jurisdiction where such action would be unlawful. Accordingly, 
recipients represent that they are able to receive this announcement 
without contravention of any applicable legal or regulatory restrictions 
in the jurisdiction in which they reside or conduct business. No 
recipient may distribute, or make available, this announcement (directly 
or indirectly) to any other person. Recipients of this announcement 
should inform themselves about and observe any applicable legal 
requirements in their jurisdictions. 
 
   The Shares have not been and will not be registered under the US 
Securities Act of 1933, as amended (the "Securities Act") or with any 
securities regulatory authority of any state or other jurisdiction of 
the United States and, accordingly, may not be offered, sold, resold, 
transferred, delivered or distributed, directly or indirectly, within 
the United States or to US Persons.  In addition, the Company is not 
registered under the US Investment Company Act of 1940, as amended (the 
"Investment Company Act") and shareholders of the Company will not have 
the protections of that act.  There will be no public offer of the 
Shares in the United States or to US Persons. 
 
   This announcement has been prepared by the Company and its investment 
manager, HarbourVest Advisers L.P. (the "Investment Manager"). No 
liability whatsoever (whether in negligence or otherwise) arising 
directly or indirectly from the use of this announcement is accepted and 
no representation, warranty or undertaking, express or implied, is or 
will be made by the Company, the Investment Manager or any of their 
respective directors, officers, employees, advisers, representatives or 
other agents ("Agents") for any information or any of the opinions 
contained herein or for any errors, omissions or misstatements. None of 
the Investment Manager nor any of their respective Agents makes or has 
been authorised to make any representation or warranties (express or 
implied) in relation to the Company or as to the truth, accuracy or 
completeness of this announcement, or any other written or oral 
statement provided. In particular, no representation or warranty is 
given as to the achievement or reasonableness of, and no reliance should 
be placed on any projections, targets, estimates or forecasts contained 
in this announcement and nothing in this announcement is or should be 
relied on as a promise or representation as to the future. 
 
   Other than as required by applicable laws, the Company gives no 
undertaking to update this announcement or any additional information, 
or to correct any inaccuracies in it which may become apparent and the 
distribution of this announcement. The information contained in this 
announcement is given at the date of its publication and is subject to 
updating, revision and amendment. The contents of this announcement have 
not been approved by any competent regulatory or supervisory authority. 
 
   This announcement includes statements that are, or may be deemed to be, 
"forward looking statements".  These forward looking statements can be 
identified by the use of forward looking terminology, including the 
terms "believes", "projects", "estimates", "anticipates", "expects", 
"intends", "plans", "goal", "target", "aim", "may", "will", "would", 
"could", "should" or "continue" or, in each case, their negative or 
other variations or comparable terminology. These forward looking 
statements include all matters that are not historical facts and include 
statements regarding the intentions, beliefs or current expectations of 
the Company.  By their nature, forward looking statements involve risks 
and uncertainties because they relate to events and depend on 
circumstances that may or may not occur in the future and may be beyond 
the Company's ability to control or predict. Forward looking statements 
are not guarantees of future performance.   More detailed information on 
the potential factors which could affect the financial results of the 
Company is contained in the Company's public filings and reports. 
 
   All investments are subject to risk. Past performance is no guarantee of 
future returns. Prospective investors are advised to seek expert legal, 
financial, tax and other professional advice before making any 
investment decision. The value of investments may fluctuate. Results 
achieved in the past are no guarantee of future results. 
 
   This announcement is issued by the Company, whose registered address is 
Ground Floor Dorey Court, Admiral Park, St Peter Port, Guernsey, GY1 
2HT. 
 
   (c) 2017 HarbourVest Global Private Equity Limited. All rights reserved. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 

   Source: HarbourVest Global Private Equity Limited via Globenewswire 
 
 
  http://www.hvgpe.com/ 
 

(END) Dow Jones Newswires

March 31, 2017 04:20 ET (08:20 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.