HarbourVest raises over $800m in opportunistic credit

HarbourVest Partners closed its Credit Opportunities Fund II at $833 million with an aim of investing in junior credit investments complemented by equity co-investments.

The second offering follows the $375 million fundraise in 2017. Since 2003, the firm has committed $1.4 billion in credit assets. The latest fund had an asset raising target of $600 million.

HarbourVest Managing Director Peter Lipson

“We are pleased to mark the close of our latest credit fund and are grateful for the strong support of our limited partners,” said Peter Lipson, managing director at the $76 billion . . .

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