HarbourVest Partners, a global leader in private markets investing, announced the closing of HarbourVest Partners Structured Solutions 2025, an investment vehicle with the capacity to invest $1.1 billion into diversified secondary investments in private equity and private credit.
HarbourVest Partners’ Structured Solutions program combines the firm’s investment strategies for a broad range of institutional investors and expands access to private market secondaries.
Transaction highlights
- 100% private market secondaries in private equity and private credit
- Highly diversified portfolio construction: 4,000+ companies, 400+ funds, 100+ GPs, 10+ vintages
- Legal counsel to HarbourVest: Debevoise & Plimpton
- Financial advisor to HarbourVest: Evercore
HarbourVest and Ares Alternative Credit funds, affiliates of Ares Management Corporation (“Ares”), have agreed to capitalize the vehicle, with funds managed by Blackstone Credit and Insurance (“BXCI”) providing senior financing.
Jeff Keay, Chairman of HarbourVest’s Secondaries Investment Committees, commented: “We are thrilled to partner with Ares and BXCI on this innovative structured solution that we believe meets the evolving needs of institutional investors seeking tailored exposures to private market secondaries.”
Richard Sehayek, Partner & Co-Head of European Alternative Credit at Ares, commented: “We are pleased to provide our scaled, flexible capital to support a HarbourVest-managed vehicle, building on our longstanding relationship. This transaction is a testament to growing demand for innovative fund finance solutions, and we look forward to deepening our participation in this expanding market.”