HarbourVest
Direct

HarbourVest made its first direct investment in an operating company in 1983.  Today, we focus on buyout co-investment opportunities, growth equity transactions, and mezzanine investments.  We serve as a lead investor or invest alongside other leading private equity firms, targeting opportunities that offer exceptional equity appreciation potential as a result of their proprietary technologies, experienced management teams, and unique market position. 

Experience
Our team is comprised of 15 dedicated individuals and is complemented by HarbourVest’s other investment professionals who assist in the sourcing and evaluating of deal opportunities.  Over the past 20 years, we have invested $3.4 billion directly into companies.

Exclusive, Preferential Deal Flow
As one of the oldest and most experienced private equity fund-of-funds, we have strong  relationships with top-tier fund managers that provide us with access to deals not available to most firms.  We review approximately 100 highly-qualified deal opportunities per year, allowing us to be highly selective.  Additionally, fund managers often contact HarbourVest first when seeking additional equity capital.  
 
Proprietary Due Diligence
HarbourVest’s proprietary database contains 20 years of private equity transaction data. We use this data to gauge the attractiveness of managers, sectors, and companies and supplement it with insight from our long-standing relationships with other private equity professionals around the world.  

Investment Focus

Co-investment
HarbourVest is one of the most active co-investors in buyout transactions.  Our programs can co-invest anywhere from $10 million to $100 million per transaction and can complete necessary due diligence to close the deal in 2 to 3 weeks if required.  

We invest alongside fund managers that have exceptional industry knowledge, cultural familiarity, and investment expertise.  Our strategy includes building a portfolio diversified by sector, geography, year, investment thesis, size, sponsor fund manager, and end markets. 

Growth Equity
HarbourVest is an active growth equity investor, leading later-stage financing rounds in emerging companies located primarily in the United States and Europe.  We seek out companies that are technology innovators or that are incorporating technology to significantly differentiate or advance the capability of their products or services.  Our programs can invest anywhere from $5 million to $40 million per transaction. 

Mezzanine
HarbourVest is an active supplier of mezzanine capital.  Our programs can invest anywhere from $5 million to $20 million per transaction and can complete our diligence within 2 to 3 weeks.  We lead mezzanine rounds in smaller buyout transactions and work with other mezzanine providers in middle-market and large-market deals.