HarbourVest Registered Advisers

No. HarbourVest Registered Advisers is a regulatory registration vehicle within the HarbourVest Partners group. It holds the SEC registration that permits the firm to provide investment advice to US clients and pooled vehicles. The entity does not have a distinct investment team or its own portfolio. Its function is legal and compliance architecture, similar to how large multi-strategy managers maintain multiple registered adviser entities under one umbrella.

The HarbourVest platform, for which this entity serves as a regulatory wrapper, manages assets across four primary strategies: primary fund commitments to buyout, venture, and growth equity partnerships globally; secondary purchases of existing limited partner interests; direct co-investments alongside general partners in individual companies; and private credit, primarily to sponsor-backed middle-market companies. These strategies are implemented across North America, Europe, and Asia-Pacific.

The entity does not independently disclose assets under management. AUM is reported at the broader HarbourVest Partners group level, which exceeded $100 billion as of late 2023 (per the firm). The registered adviser entity's regulatory filings would reflect a portion of this total attributable to the accounts it advises, but that figure is a subset of group-wide assets and is not publicly broken out as a standalone number in investor communications.

Investment decisions are made by the investment committees and portfolio management teams of HarbourVest Partners across their strategy verticals. HarbourVest Registered Advisers has no standalone investment committee. The entity's Form ADV filings, when available, would list the supervised persons responsible for investment decisions, but these individuals operate within the broader HarbourVest team structure, not in a siloed capacity specific to this registration.

HarbourVest Global Private Equity (HVPE) is a London-listed investment trust that provides permanent capital to HarbourVest Partners. HarbourVest Registered Advisers, as the US SEC-registered entity, may serve as a sub-adviser or provide advisory services to HVPE alongside other HarbourVest affiliates. The entities are distinct legal structures — HVPE is a publicly traded fund, while this entity is a regulatory registration — but both sit under the same operational umbrella.