HarbourVest Global Priv. Equity Ltd Edison review on HarbourVest Global Priv. Equity
19 Setembro 2019 - 6:10AM
RNS Non-Regulatory
TIDMHVPE
HarbourVest Global Priv. Equity Ltd
19 September 2019
London, UK, 19 September 2019
Edison issues review on HarbourVest Global Private Equity
(HVPE/HVPD)
HarbourVest Global Private Equity (HVPE) has recorded a 12-month
rise in NAV (based on a preliminary figure at end-July 2019) of
8.7%, which is a solid beat versus the public benchmark. Over the
last six months, HVPE remained a net investor deploying US$202m
into HarbourVest funds (compared to US$139m distributions), mostly
on the back of the real assets deal in February. We note that
despite HVPE's limited UK portfolio exposure and long-term NAV
outperformance vs UK equities, its short-term price returns are
largely driven by the UK market sentiment.
HVPE's share price discount of 16.1% to end-July NAV estimated
by the company compares to its five-year average of 20.0%. We note
the discount widens during periods of relative weakness of the FTSE
compared to global markets, despite the limited exposure of the
portfolio to UK-based companies. In the long run, however, the
share price naturally follows NAV developments.
Click here to view the full report.
Subscribe to Edison's content to receive reports by email.
All reports published by Edison are free-to-access and available
on the website.
About Edison: Edison is an investment research and advisory
company, with offices in North America, Europe, the Middle East and
AsiaPac. The heart of Edison is our world-renowned equity research
platform and deep multi-sector expertise. At Edison Investment
Research, our research is widely read by international investors,
advisers and stakeholders. Edison Advisors leverages our core
research platform to provide differentiated services including
investor relations and strategic consulting.
Edison is authorised and regulated by the Financial Conduct
Authority.
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information please contact Edison:
Milosz Papst, +44 (0)20 3077 5700
investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison
on:
LinkedIn https://www.linkedin.com/company/edison-group-
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NRAGMGMLLLVGLZG
(END) Dow Jones Newswires
September 19, 2019 05:10 ET (09:10 GMT)
Harbourvest Global Priva... (LSE:HVPD)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Harbourvest Global Priva... (LSE:HVPD)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024