Insight

HarbourVest amasses over $3bn for 12th fund

The fund's original target was $2 billion.

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  • HarbourVest Fund XII’s limited partners include public and private pension funds, insurance companies, endowments, family offices, and ultra-high net worth investors
  • HarbourVest has more than $100 billion of assets under management as of June 30, 2022
  • Based in Boston, HarbourVest was founded in 1982

HarbourVest Partners has closed its twelfth flagship US fund at over $3 billion. The fund’s original target was $2 billion.

HarbourVest Fund XII’s limited partners include public and private pension funds, insurance companies, endowments, family offices, and ultra-high net worth investors.

“The US remains the most developed and proven market for private equity investing and one where we see a large and growing opportunity set,” said Ryan Gunther, managing director at HarbourVest Partners, in a statement. “Our ability to provide a diversified, comprehensive solution to help investors meet their return objectives resulted in strong demand for our flagship US fund.”

HarbourVest has more than $100 billion of assets under management as of June 30, 2022.

Based in Boston, HarbourVest was founded in 1982.