HarbourVest Partners announced the final close of its flagship U.S. fund, HarbourVest Fund XI, with $2.61 billion in fresh capital.
The fund’s strategy is to make high-quality buyout, micro buyout, growth equity, and venture capital investments in North America. Officials added that the fund actually began making commitments in 2018 and has committed approximately 65% of its capital, which is in line with the planned three- to four-year investment period.
HarbourVest Fund XI invests predominately in primary partnerships in U.S. buyouts, complemented by secondary investments and direct co-investments . . .
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