HarbourVest closes $4.75bn co-investment fund

HarbourVest Partners has successfully raised $4.75 billion for its latest global co-investment fund, signaling a strong trend towards institutional investors favoring lower-cost private equity strategies. This significant milestone underscores the growing appeal of co-investment funds as they offer shared risk and potentially higher returns. The success of this fundraising effort highlights HarbourVest's robust market position and the increasing demand for efficient, scalable investment vehicles in the private equity sector.

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