HarbourVest Partners, a global company in private markets investing, closed 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.
Transaction Highlights
- 100% private market secondaries in private equity and private credit
- 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, have agreed to capitalize the vehicle, with funds managed by Blackstone Credit and Insurance (BXCI) providing senior financing.
“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,” Jeff Keay, chairman of HarbourVest’s secondaries investment committees, said.
“We are pleased to provide our scaled, flexible capital to support a HarbourVest-managed vehicle, building on our longstanding relationship,” Richard Sehayek, partner and co-head of European alternative credit at Ares, said. “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.”
