Harbourvest Global Priva... Share Discussion Threads

[jaws6] 18/6/2014 14:20

new high again

[jaws6] 20/3/2014 15:23

well last trade for 30000 at 11.2
some bids in at 11.2 on board too

[rambutan2] 19/3/2014 15:28

Has the best port of the fofs, albeit pretty diversified. imho.

Note that at some stage will switch to lse premium listing and make themselves more investable for UK platforms etc.

[jaws6] 22/1/2014 11:32

Big trade at 10.85 new high

[jaws6] 18/12/2013 09:40

Director buy today rns

[jaws6] 18/10/2013 09:07

got money today in barc

[jaws6] 16/10/2013 09:05

New high but still capital not paid in Barc yet ,suppose to be paid yesterday or again cheque delay ?
Rns out today

[jaws6] 16/9/2013 09:04

RNS with nav increase out

[bowlhead] 12/9/2013 20:01

With these still on a chunky discount (albeit a lot of the share price growth over the last year has been narrowing of discount rather than underlying NAV growth) there is still decent upside here imho.

The actions to redeem some of the shares seem a sensible move if they don't have a compelling place to put the surplus cash being thrown off by the investments, and they seem to have plenty of capacity in their bank facilities to allow this at reasonable interest rates without giving the impression they would be fighting for liquidity in another credit crunch.

With the very diversified exposure to PE assets across geography, market sector and vintage year,I think they can take a sensible place in a lot of people's portfolios. They are held back by the fact that many will not really understand the sector and although some will be attracted by the discount (still higher than some of their peers), the reality is that with the extreme illiquidity of private equity investment partnerships you probably wouldn't expect to see them back up at zero discount to NAV. Unless the market really goes on a boom, in which case you would be happy enough with the result whether or not the discount narrowed.

[jaws6] 23/8/2013 15:08

Rns on meeting

[skyship] 13/8/2013 17:19

At the end of July, HVPE's estimated NAV per share was $12.77, a $0.18
per share increase from 30 June 2013. This change mainly reflects
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.

[skyship] 18/6/2013 09:10

Net Asset Value and Absolute Valuation:

At the end of May, HVPE's estimated NAV per share was $12.60, a $0.04
per share increase from 30 April 2013. This change reflects increases
in the value of privately-held investments as the majority of the
portfolio was re-valued to reflect 31 March 2013 results. The increase
was partially offset by negative foreign currency movement and ongoing
operating expenses.

[skyship] 10/6/2013 15:37

Not an Earth-shattering investment; but a director purchase is always indicative of confidence:

=====================================
10 June 2013

NOTIFICATION OF INTERESTS OF DIRECTORS

HarbourVest Global Private Equity Limited ("HVPE" or the "Company") was
advised on 7 June 2013 that on 6 June 2013 Alan Hodson, a Director of
HVPE, bought shares in the Company.

Alan Hodson bought 3,000 ordinary shares at a price of $9.65 per share,
representing 0.004% of the Company's issued share capital. Following
this purchase, Mr. Hodson had a total interest of 3,900 shares in the
Company, representing 0.005% of the Company's issued share capital.
=====================================

[skyship] 16/5/2013 09:53

=============================
Net Asset Value and Absolute Valuation

At the end of April, HVPE's estimated NAV per share was $12.56, an $0.11
per share increase from 31 March 2013.
=============================

24.8% NAV discount @ $9.45 & a 5.28% YTD asset growth

[skyship] 19/4/2013 09:05

That more than compensates for the lacklustre February performance:

======================================
Net Asset Value and Absolute Valuation

At the end of March, HVPE's estimated NAV per share was $12.45, a $0.29
per share (2.4%) increase from 28 February 2013.
======================================

25.3% NAV discount @ $9.30 & a 4.36% asset growth in Q1'13.

[skyship] 18/4/2013 11:26

March NAV return will be released tomorrow.

[skyship] 16/3/2013 11:56

A pretty miserable February return:-

"At the end of February, HVPE's estimated NAV per share is $12.16, a $0.04 per
share (0.3%) increase from 31 January 2013."

Still, $12m of realisations reduce borrowings and boost the B/S.

Also a very large trade @ $9.00 - 1.85m = c2.2%.

[skyship] 13/3/2013 11:18

Bought into these a month ago @ an average of $8.77. Already up over 6% - mainly due to the currency gain.

That currency gain will be further reflected in the monthly NAV statement due on Friday. NAV for Jan'13 was $12.12. I estimate this could well rise to $12.36 for Feb'13.

Currently HVPE at $9.00 are on a higher than average discount of 25.7%. A $12.36 NAV would raise that figure to 27.2%. So HVPE strength looks set to continue - $9.20+ by the weekend...

[jaws6] 29/1/2013 09:17

Another dir buy RNS

[jaws6] 18/1/2013 08:21

on move again

[jaws6] 16/1/2013 10:17

Any note out ?