HarbourVest Global Private Solution SICAV S.A. - Diversified Private Equity Fund ("HGPS-DPE")

Fund Overview

HarbourVest Global Private Solution SICAV S.A. – Diversified Private Equity (“the Fund” or “HGPS-DPE”)¹ is an evergreen private equity vehicle with an investment strategy aimed at providing investors with secondary and direct co-investments exposure through a single compounding allocation.

Objective

The Fund’s objective is to offer investors:

  • Broad diversification
  • Superior returns relative to public markets. 

Strategy

The Fund’s structure provides investors with direct exposure to a range of private companies carefully selected in partnership with leading private equity managers, plus automatic cash management, reinvestment of distributions, and potential to access funds on a monthly basis.

Why consider HGPS-DPE?

HGPS-DPE marries the traditional benefits of a “multi-manager” private equity approach—smart, data-driven diversification into an asset class that has historically outperformed—with the convenience of an evergreen structure, including regular liquidity windows. Investors in HGPS-DPE gain access to HarbourVest’s private equity deal flow across both secondaries and direct co-investments, with a dynamic portfolio construction model that allows the fund to be opportunistic in taking advantage of market conditions.

Market leading investment capacity

Strong level of deal flow to scale with client demand

HarbourVest’s ability to deploy $18.7 billion+ per annum² in direct co-investments and secondaries via an open architecture platform leads to potentially larger/higher quality deal flow than other open-ended evergreen funds

First-in-line deal flow

Diversified exposure to HarbourVest deal flow 

HGPS-DPE participates as a first-in-line account and is considered for allocation pari-passu with other HarbourVest funds, with deal flow allocated on a pro-rata basis

Pure play private equity

Capturing alpha of capital gain focused active strategies 

Capturing the upside potential of capital gain focused private equity whilst maintaining diversification through secondary investments

Institutional anchor partner

Providing a core institutional investor base

Our institutional anchor partner is subject to a 5-year lock up with additional cash contributions and subordinated to other redeeming parties following this lock up period

Get to know HGPS-DPE

Portfolio

How does HGPS-DPE work?

Single allocation exposure to a diversified private equity portfolio across strategy, stage, geography, sector, vintage year, manager, and size.

The HGPS-DPE portfolio will be modelled with the following construction approach3:

Strategy

Over time, HGPS-DPE will be made up of a majority of secondary investments and direct co-investments, with some opportunistic exposure to primary partnership investments.

The allocation to secondaries will enable HGPS-DPE to mitigate the J curve and utilize a quicker distribution profile to reinvest and compound the fund’s returns. HGPS-DPE will leverage HarbourVest’s secondary platform to identify undervalued assets and develop innovative liquidity solutions for complex, GP-led, secondary investments.

The allocation to co-investments will allow HGPS-DPE to make direct investments alongside a sponsor, and so lowering the fee burden to end-investors. HGPS-DPE will also make direct investments in operating companies through direct co-investments with other private markets managers.

HGPS-DPE will retain an opportunistic allocation to primaries to continue to access experienced managers where the return profile will meet the expectations of the vehicle.

Stage

Consistent with the profile of HarbourVest’s overall private equity investment strategy, HGPS-DPE will comprise a mix of investment stages:

  • 70-90% Buyout
  • 10-30% Growth equity/venture investments

Geography

HGPS-DPE will comprise a diversified mix of geographic exposures:

  • 50-70% North America
  • 20-40% Europe
  • 0-15% Asia Pacific

Net Asset Value

*As of July 31, 2026

 
Share ClassShare Class CurrencyISINNAV per share*
I-1AUDLU2608208349121.0898
I-1USDLU2608207960130.5189
IX-1USDLU2888475337131.0072
IX-1(50)USDLU2888476061130.0650
AX-1USDLU2710194247119.9138
A-1USDLU2608207028116.1793
A-1AUDLU2608207531114.3276
AX-2EURLU3231916894112.2500
I-2EURLU3231917603111.9035
AX-2USDLU3231916977115.4315
I-2USDLU3231917785115.4315
AX-1EURLU2710194320106.9856
IX-2USDLU3231918676104.0315
A-2USDLU3231918916102.9620

Documentation

 
NameShare ClassCurrencyCountryLanguageDownload
EU PRIIPS KID HGPS DPEA-1USDFranceFrançais
EU PRIIPS KID HGPS DPEAX-1 USDFranceFrançais
EU PRIIPS KID HGPS DPEA-1USDLuxembourgEnglish
EU PRIIPS KID HGPS DPEAX-1 USDLuxembourgEnglish
EU PRIIPS KID HGPS DPEAX-1 EURLuxembourgEnglish
EU PRIIPS KID HGPS DPEA-1EURLuxembourgEnglish
EU PRIIPS KID HGPS DPEAX-1 USDNetherlandsNetherlands
EU PRIIPS KID HGPS DPEAX-1 EURNetherlandsNetherlands
EU PRIIPS KID HGPS DPEA-2EURLuxembourgEnglish
EU PRIIPS KID HGPS DPEAX-2EURLuxembourgEnglish
EU PRIIPS KID HGPS DPEAX-2USDLuxembourgEnglish
EU PRIIPS KID HGPS DPEA-2USDLuxembourgEnglish
EU PRIIPS KID HGPS DPEA-2 ItalyEURItalyItaliano
EU PRIIPS KID HGPS DPEA-2USDGermanyDeutsch
EU PRIIPS KID HGPS DPEAX-2EURGermanyDeutsch
EU PRIIPS KID HGPS DPEA-2EURGermanyDeutsch
EU PRIIPS KID HGPS DPEAX-2USDGermanyDeutsch
EU PRIIPS KID HGPS DPEA-2USDAustriaDeutsch
EU PRIIPS KID HGPS DPEAX-2EURAustriaDeutsch
EU PRIIPS KID HGPS DPEA-2EURAustriaDeutsch
EU PRIIPS KID HGPS DPEAX-2USDAustriaDeutsch
EU PRIIPS KID HGPS DPEA-2EURLuxembourgEnglish
EU PRIIPS KID HGPS DPEA-2USDBelgiumFrançais
EU PRIIPS KID HGPS DPEAX-2EURBelgiumFrançais
EU PRIIPS KID HGPS DPEA-2USDFranceFrançais
EU PRIIPS KID HGPS DPEAX-2EURFranceFrançais
EU PRIIPS KID HGPS DPEAX-2USDBelgiumFrançais
EU PRIIPS KID HGPS DPEAX-2USDFranceFrançais
EU PRIIPS KID HGPS DPEA-2EURBelgiumFrançais
EU PRIIPS KID HGPS DPEA-2EURFranceFrançais

 
NameShare ClassCurrencyCountryLanguageDownload
UK PRIIPS KID HGPS DPEAX-1USDUnited KingdomEnglish
UK PRIIPS KID HGPS DPEA-1USDUnited KingdomEnglish
UK PRIIPS KID HGPS DPEAX-2EURUnited KingdomEnglish
UK PRIIPS KID HGPS DPEAX-2USDUnited KingdomEnglish
 
DateNameLanguageDownload
July 31, 2026FactsheetEnglish
July 31, 2026Factsheet CommentaryEnglish

Product Structure

HarbourVest Global Private Solution SICAV S.A. (the “SICAV”) is a public limited liability company incorporated under the laws of the Grand Duchy of Luxembourg as an investment company with variable share capital and qualifies as an alternative investment fund (“AIF”) within the meaning of the Directive 2011/61/EU on alternative investment fund managers (the “AIFMD”). The SICAV is subject to part II of the Luxembourg law of 17 December 2010 on undertakings for collective investment.

The SICAV is subject to the permanent prudential supervision of the Luxembourg supervisory authority of the financial sector, the Commission de Surveilliance du Secteur Financier (“CSSF”). The SICAV is registered with the Luxembourg register of commerce and companies under number B272336.

HarbourVest Partners (Ireland) Limited, authorised and regulated by the Central Bank of Ireland (“CBI”) as an alternative investment fund manager (“AIFM”) in accordance with the Alternative Investment Fund Managers Directive (AIFMD), has been appointed as AIFM of the SICAV.

The SICAV currently comprises of two separate sub-funds, namely HarbourVest Global Private Solution SICAV SA. – Diversified Private Equity (“HGPS-DPE”) and HarbourVest Global Private Solution SICAV S.A. – Secondaries (“HSEC Lux”). Additional sub-funds may be created in future, subject to the approval of the CSSF.

HGPS-DPE and HSEC-Lux enable non-US investors access to institutional quality private markets exposure through a single investment.

  1. HarbourVest Global Private Solution SICAV S.A. is an open-ended fund with two sub-fund, HarbourVest Global Private Solution SICAV S.A. – Diversified Private Equity Fund  (“HGPS-DPE”)  and HarbourVest Global Private Solution SICAV S.A. – Secondaries Fund (“HSEC-Lux”). Please refer to the “Important Information & Risks” section of this website for important information related to HGPS-DPE.
  2. Represents all investment opportunities reviewed and closed for a HarbourVest fund / account from January 1, 2025, through December 31, 2025. Number of closed deals in 2025, independent of when they were sourced. Direct deals do not include follow-on investments. Commitment amounts are presented gross of leverage.
  3. The ultimate allocation will differ based upon market conditions and available investment opportunities over the life of HGPS-DPE. These are not prescriptive guidelines.

This is a marketing communication.

Please refer to the Prospectus and Supplement before making a final investment decision. In particular, potential investors should carefully consider the risk factors in Section VIII “Risk Factors & Conflicts of Interest” of the Prospectus.

An investment in HGPS-DPE (or the “Fund”) contains a high degree of risk and is only suitable for prospective investors who have sufficient knowledge, experience and/or access to professional advisers.

This is not an exhaustive list of risks associated with the Fund:

  • There can be no assurance that the Fund will be able to achieve its investment objectives or that the investors will receive a return on their capital. Past performance does not predict future returns.
  • Actual events or results or actual performance of the Fund may differ materially from those reflected or contemplated in forward-looking statements. As a result, investors should not rely on such forward-looking statements in making their investment decisions.
  • The scenarios presented are an estimate of future performance based on evidence from the past on how the value of this investment varies, and/or current market conditions and are not an exact indicator. What you will get will vary depending on how the market performs and how long you keep the investment/product.
  • Prospective investors should note that although redemptions are expected to be offered on a monthly basis, the Fund offers limited redemption rights.
  • Diversification does not protect against losses.
  • There can be no assurances that trends will continue.
  • The Fund’s returns may increase or decrease as a result of changes to foreign exchange rates.
  • Performance is subject to taxation which depends on the personal situation of each investor and which may change in the future.
  • No secondary public market for the sale of units / shares in the Fund may exist, nor is one likely to develop. The ability to redeem shares will be limited and subject to certain restrictions and conditions as described in the Prospectus.
  • If you make a decision to invest, you will be buying shares in the Fund and will not be investing directly in the underlying assets of the Fund.
  • Capital is at risk.
  • Risk management does not remove risks or prevent losses.
  • The Fund may be subject to fees, which may be substantial and will impact the returns of the Fund. All fees may be subject to currency fluctuations.
  • The use of leverage increases risks, such that a relatively small movement in the value of an investment may result in a disproportionately large movement, unfavourable as well as favourable, in the value of that investment and, in turn, the value of the Fund and its returns.

This information is provided for illustrative purposes only. The source of the information is HarbourVest unless otherwise stated. This website does not constitute an offer to sell or an offer to buy any fund, investment product or service managed or provided by HarbourVest or any of its affiliates. Any offering of interests in HGPS-DPE will be made by means of delivery of the Prospectus that contain a description of the material terms of such investment and subscriptions will be accepted solely pursuant to definitive documentation. This website does not purport to contain all the information relevant to evaluating an investment in HGPS-DPE. The information contained herein will be superseded by, and is qualified in its entirety by reference to, the Prospectus, which will contain information about the investment objective, terms, and conditions of an investment in HGPS-DPE and will also contain tax information and risk disclosures that are important to any investment decision regarding HGPS-DPE. No sale will be made in any jurisdiction where or to any person to whom it is unlawful to make the offer, solicitation, or sale. This website is not to be interpreted as tax, investment, or legal advice and is not contractually binding. In the event of any inconsistencies between this website and the legal documents of the Fund, the descriptions and terms in the Fund’s legal documents shall prevail.

Please refer to the HarbourVest website for further information in relation to certain sustainability-related aspects of the Fund.

For information on HarbourVest Partners (Ireland) Limited’s complaints policy and procedures, please refer to our Complaints Policy Summary.

For additional legal and regulatory information related to HarbourVest Offices and countries please refer to the HarbourVest website.

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HarbourVest Partners, LLC is a registered investment adviser under the Investment Advisers Act of 1940. The information on this site is intended solely for the benefit of firms and companies seeking private equity investment capital by providing general information on our services and philosophy. The material on this site is for informational purposes only and does not constitute an offer or solicitation to purchase any investment solutions or a recommendation to buy or sell a security nor is it to be construed as legal, tax or investment advice. Unless otherwise indicated, any information available through this site is as of the date indicated therein and may not be updated or otherwise revised to reflect information that subsequently becomes available. HarbourVest is under no obligation to update the information contained on this site. Additionally, the material on this site does not constitute a representation that the solutions described therein are suitable or appropriate for any person and HarbourVest does not accept any liability with respect to the information. By using this site you agree to the Terms of Use.