HVPE: NAV Update
FTSE 250 HarbourVest Global Private Equity (HVPE) has today today announced that NAV increased by 0.04% during the month ending 28 January 2025. Estimated NAV per share was $52.84 (£42.01). In the same period, HVPE saw negative saw positive net cash flow, with a net $3 million received during the month whilst there were 36 M&A transactions and IPOs, an increase compared to last 12-month average total of 33.
HVPE continued to buy back shares. Since September 2022, a total of $179 million has been bought back, adding 3.7% to NAV per share. Of this total, $121 million has been deployed under HVPE’s Distribution Pool mechanism initiated on 1st February 2024. The Distribution Pool balance was $24.6 million at the month end.
Below is an interview with Chairman Ed Warner & Managing Director, Richard Hickman