Statement re Notification of Put Rights

 
TIDMHVPE 
 
23 August 2010 
 
        HARBOURVEST GLOBAL PRIVATE EQUITY ANNOUNCES AVAILABLE PUT RIGHTS 
 
 
HarbourVest Global Private Equity Limited ("HVPE" or the "Company"), a 
closed-end investment company, announces that from today it intends to provide 
weekly or, if necessary, more frequent updates on the number of Put Rights 
remaining to be issued  under the Company's previously announced Market Put 
Right Offer.  This is owing to the recent increase in trading activity in the 
Company's shares and associated take-up of the Put Rights. 
 
As at 20 August 2010 there were 926,375 Put Rights remaining to be issued under 
HVPE's Market Put Right Offer.  To date, 6,030,146 Put Rights have been issued 
to eligible investors, including Put Rights issued in connection with the 
Company's Secondary Placing of existing shares in May 2010. 
As part of its Liquidity Plan, HVPE is providing Put Rights to eligible 
investors acquiring shares in the Company. In order to enhance value for 
shareholders and encourage ongoing trading in its shares, the Company intends to 
offer Put Rights up to a total potential repurchase level of US$40 million or 
6,956,521 Put Rights. 
 
The Put Rights entitle investors to sell shares back to the Company on 15 
November 2011 at the lower of $5.75 or the estimated Economic NAV per share on 
31 October 2011. 
 
More information on the Market Put Right Offer and HVPE's Liquidity Plan is 
available on the Company's website,http://www.hvgpe.com. 
 
Enquiries: 
 
 HVPE 
 Amanda McCrystal             Tel: [phone] 
 
 
 HarbourVest 
 
 Laura Thaxter                Tel: [phone] 
 
 
 
 Fishburn Hedges 
 
 Michelle James/Dan Bradley   Tel: [phone] 
                              [e-mail] 
 
 
 
About HarbourVest Global Private Equity Limited: 
HarbourVest Global Private Equity Limited ("HVPE") is a Guernsey-incorporated 
closed-end investment company which has a dual listing on both the London Stock 
Exchange and Euronext Amsterdam.  HVPE is registered as an investment 
institution with the Netherlands Authority for the Financial Markets.  HVPE is 
designed to offer shareholders long-term capital appreciation by investing in a 
private equity portfolio diversified by geography, by stage of investment, by 
vintage year, and by industry.  It invests in and alongside HarbourVest-managed 
funds which focus on primary partnership commitments, secondary investments, and 
direct investments in operating companies.  HVPE is advised by HarbourVest 
Advisers L.P., an affiliate of HarbourVest Partners, LLC.  To learn more about 
HVPE, please visitwww.hvgpe.com. 
 
About HarbourVest Partners, LLC: 
HarbourVest is an independent global private equity investment firm and an 
SEC-registered investment advisor, providing vehicles for institutional 
investors to invest in the venture capital and buyout markets in the U.S., 
Europe, and elsewhere through primary partnerships, secondary purchases, and 
direct investments.  It was formed in 1982 and has invested more than U.S.$30 
billion over its 28-year history.  It currently has 236 employees in its Boston 
office and London, Hong Kong, and Tokyo subsidiaries.www.harbourvest.com. 
 
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. 
 
HarbourVest Global Private Equity Limited is registered with the Netherlands 
Authority for the Financial Markets as a collective investment scheme which may 
offer participations in The Netherlands pursuant to article 2:66 of the 
Financial Markets Supervision Act (Wet op het financieel toezicht). 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, which is registered with the 
Netherlands Authority for the Financial Markets and whose registered address is 
at Anson Place, Mill Court, La Charroterie, St Peter Port, Guernsey GY1 1EJ. 
 
 © 2010 HarbourVest Global Private Equity Limited. All rights reserved. 
 
 
 
[HUG#1439437] 
 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
All reproduction for further distribution is prohibited. 
 
Source: HarbourVest Global Private Equity Limited via Thomson Reuters ONE