HarbourVest Secondaries Fund

HarbourVest Secondaries Fund is an open-ended SICAV managed by HarbourVest, domiciled in Luxembourg and authorised under the UCI Part II regime. It is structured as a Non-ELTIF vehicle, so its N/A designation reflects that the ELTIF framework does not apply; eligibility and distribution instead follow the Part II rules, with the fund marketed on a pan-European basis to both professional and retail-qualified investors. The portfolio is denominated in EUR and pursues a growth mandate within private equity, accessed through secondary transactions. The fund launched in 2025, placing it among the more recent entries in a database of 494 vehicles, and its current size is shown as .

Dealing mechanics follow the evergreen model common to this cohort: subscriptions are accepted monthly, net asset value is struck monthly, and redemptions are processed quarterly subject to lock-up provisions and the customary gating limits applied at the fund level. The minimum commitment is 25,000 EUR, and the summary risk indicator is reported as 6, which sits at the higher end of the scale used across the universe and reflects both the illiquidity of the underlying assets and the constrained redemption channel. Fee terms comprise a management fee of and a performance fee of , both benchmarked against the other funds in the same asset class.

For positioning, the fund is one of 163 private equity vehicles tracked, one of 347 domiciled in Luxembourg, and one of 117 that combine both characteristics, so comparisons on terms and liquidity can be drawn against a sizeable set of directly comparable structures. Underlying exposure by region is reported as . Figures reflect data as of 31 Aug 2026.