Harbourvest Global Priva... Share Discussion Threads

[sharesoc] 18/10/2020 16:34

Calling investors and potential shareholders! ShareSoc Webinar with HarbourVest (HVPE) - 29 October 2020. hTTps://www.sharesoc.org/events/sharesoc-webinar-with-harbourvest-hype-29-october-2020/

[deadly] 23/9/2020 08:20

Dated 22 Sept: At 31 August 2020, HVPE's estimated NAV per share was $28.45 (GBP21.28), compared to the 31 July 2020 estimate of $26.26 (GBP20.07) - an increase of 8.3% in US dollar terms. This figure is now based largely on 30 June 2020 underlying valuations. These have driven a particularly strong gain since the previous report, which was still based primarily on 31 March 2020 underlying valuations. The valuation breakdown of the HVPE portfolio as reported here is as follows: 11% actual 31 August 2020 (representing the public companies in the portfolio); 84% actual 30 June 2020; and 5% actual 31 March 2020. Consistent with previous estimated NAV reports, valuations are also adjusted for foreign exchange movements, cashflows, and any known material events to 31 August 2020.

[sharesoc] 12/7/2020 14:25

The HVPE Stockopedia report and presentation from our recent company webinar can be found in our members area here: hTTps://www.sharesoc.org/seminar/sharesoc-webinar-with-harbourvest-hvpe-8-july-2020/ To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hxxps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hxxps://www.sharesoc.org/contact-us/

[jaws6] 08/7/2020 14:09

it is on now today above meeting

[sharesoc] 29/6/2020 06:42

We are hosting a ShareSoc Webinar with HarbourVest (HVPE), 8 July 2020 which may be of interest. Registration and more can be found here: hTTps://www.sharesoc.org/events/sharesoc-webinar-with-harbourvest-hvpe-8-july-2020/

[macc1] 24/6/2020 21:48

Hi all, Quick video for HVPE's results this morning: hTTps://youtu.be/r49gR_jonpM

[skyship] 21/4/2020 07:30

Yesterday's NAV update by HVPE is worth reading as an example of what we might expect on NAV values over upcoming months: https://uk.advfn.com/stock-market/london/harbourvest-global-priva-HVPE/share-news/HarbourVest-Global-Priv-Equity-Ltd-Net-Asset-Valu/82258946

[rambutan2] 16/3/2020 20:37

Just reminding myself that HVPE has the best credit facility in the sector: hTtps://www.hvpe.com/financial-performance/financial-resources

[rambutan2] 24/10/2019 01:32

A great read: Dear Shareholder, Your Company made excellent progress over the six months to 31 July 2019. Considerable detail is set out in the Investment Manager’s Report which follows this statement... htTps://www.hvpe.com/~/media/Files/H/Hvgpe/reports-and-presentations/reports/2019/hvpe-2019-sar.pdf And the (shorter) presentation: hTtps://www.hvpe.com/~/media/Files/H/Hvgpe/reports-and-presentations/presentations-and-webcasts/2019/2019-sa-presentation.pdf

[macc1] 23/10/2019 07:47

Short video with commentary on today's results. It features HVPE's Director of Investment & Operations Richard Hickman: hTTps://youtu.be/mtMDsJkelEM

[sharesoc] 08/10/2019 13:41

The presentation from HarbourVest Global Private Equity Ltd delivered at the Birmingham Seminar on 1st October is now available in our members area: hTTps://sharesoc.ning.com/xn/detail/6389471:Comment:54337

[sharesoc] 23/9/2019 19:16

We have a growth company seminar on the 1st October in Birmingham with HarbourVest Global Private Equity lined up to present. This may be of interest to potential investors or current shareholders. More details and registration can be found here: hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-birmingham-1-october-2019/

[sharesoc] 10/9/2019 10:24

HarbourVest Global Private Equity present at our next Birmingham growth company seminar on the 1st October. This may be of interest to current shareholders and potential investors. This is also a great opportunity to socialise with your fellow investors and discuss these and other investment opportunities. More details and registration here: hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-birmingham-1-october-2019/

[sharesoc] 10/6/2019 18:36

The Harbourvest presentation from our recent London company seminar can be found in our members area here: hTTps://sharesoc.ning.com/xn/detail/6389471:Comment:53252 To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/

[sharesoc] 10/6/2019 18:36

The Harbourvest presentation from our recent London company seminar can be found in our members area here: hTTps://sharesoc.ning.com/xn/detail/6389471:Comment:53252 To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/

[rambutan2] 30/5/2019 11:12

Yes, continues to compound up very nicely. Below, the results presentation. htTps://www.hvpe.com/shareholder-information/reports-and-presentations/presentations-and-webcasts

[macc1] 29/5/2019 15:38

Results Video with Chairman Sir Michael Bunbury and Investment Director Richard Hickman: hTTps://youtu.be/zT83lyKUFCs

[sharesoc] 28/5/2019 15:33

HarbourVest present at our Manchester growth company seminar on the 4th June, which may be of interest to current shareholders and potential investors. More details here: hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-manchester-4-june-2019/

[sharesoc] 22/5/2019 11:16

HarbourVest present at our Manchester growth company seminar on the 4th June, which may be of interest to current shareholders and potential investors. More details here: hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-manchester-4-june-2019/

[firtashia] 15/5/2019 12:30

Thanks very much Rambutan2- will have a good read of the thread, seems like I've got a lot of catching up to do.

[rambutan2] 15/5/2019 11:41

firtashia, no, those are the costs for the trusts over the previous year ie that is what is being deducted off of the returns to get to the nav you see quoted. Of course, the performance fee parts of the cost/deduction will vary depending on how well the port has performed ie if the required hurdles aren't reached (8% is the norm) then no fee is taken. Do have a read through SKYSHIP's thread.

[firtashia] 15/5/2019 07:46

thanks Skyship- will take a look

[skyship] 15/5/2019 06:56

Firtashia - "I’m new to PE fund investments" - you may therefore be interested in The Private Equity thread: https://uk.advfn.com/cmn/fbb/thread.php3?id=26570589

[firtashia] 15/5/2019 04:11

Rambutan2-Thanks for the info, didn’t realise there were so many listed. Presumably all the costs referred to are applicable to those people investing directly in the funds, as opposed to the likes of us who are buying shares in the company managing those funds? A bit like buying shares in Schroder, Jupiter Asset management, etc, in this respect. Apologies if it’s a silly question, I’m new to PE fund investments.

[rambutan2] 14/5/2019 19:31

The key information document (KID) for HVPE and its PE competition. A much derided doc, and yes the performance scenarios are a complete waste of time. But the costs bit, with its reduction in yield (RIY) info is well worth a look, as imho it offers a much truer picture of costs than the "undercooked" ongoing charges fig (OCF) which is touted in the annual report and elsewhere. Some may be a tad surprised! HVPE: hTtps://www.hvpe.com/~/media/files/h/hvgpe/reports-and-presentations/key-information-document/hvpe-key-information-document-2018-10-30.pdf (I have doubts about the stated RIY as seems too low) PIN: htTp://www.piplc.com/sites/default/files/attachments/pdf/key-information-document-priips-2018.pdf SLPE: hTtps://www.slpet.co.uk/I_KID_GB_SLEPET_SLPET_GBP_EN.pdf (Very clear break down of costs) ICGT: hTTps://cdn-icg.azureedge.net/media/1410/icg-enterprise-trust-plc-key-information-document.pdf BPET: htTps://www.bmogam.com/gb-en/retail/wp-content/uploads/2018/10/l128_bmo-private-equity-trust-plc.pdf NBPE: htTp://www.nbprivateequitypartners.com/pdf/NBPE%20KID_Class%20A_GBP_UK.pdf APAX: hTtps://www.apaxglobalalpha.com/media/1845/kid-31-dec-2018-disclaimer.pdf PEY: htTp://www.princess-privateequity.net/assets/princess_PRIIP-KID-EUR_en.pdf HGT: htTPs://www.hgcapitaltrust.com/~/media/Files/H/Hgcapital-Trust/documents/kid-december-2018.pdf OCI: hTtps://oakleycapitalinvestments.com/wp-content/uploads/2019/03/2018-Key-Information-Document-2018-1.pdf III: hTTps://www.3i.com/investor-relations/key-information-document-kid/ (to be fair, unlike all the other trusts, 3i has inc from aum which offsets much of the costs) And out of interest, a few good trusts from other sectors, but which have PE/VC investments: SMT: htTps://documents.feprecisionplus.com/PRIIP/BAGI/PRP/BAIEPT_BE08_en-GB.pdf RCP: hTtps://www.ritcap.com/key-information-document-0 (good clear breakdown of costs) BTEM: httPs://www.british-empire.co.uk/content/uploads/2019/04/BTEM-KID-APR-2019.pdf SYNC: htTps://www.synconaltd.com/media/1334/syncona-priips-kid-2018-final.pdf WPCT: hTtps://static.woodfordfunds.net/prd/2018/12/Woodford-KID-GB00BVG1CF25-en-GB-20181127-20181127.pdf (has no management fee) NAS: hTTp://www.harwoodcapital.co.uk/files/file/download/id/609