– GUERNSEY, St. Peter Port – HarbourVest Global Private Equity Limited (LSE:HVPE) today announced the appointment of Steven Wilderspin as a non-executive director of the Company with effect from 14 May 2018.
Steven has more than ten years’ experience as a non-executive director on the boards of private equity partnerships and listed investment companies. He has recently retired after ten years’ service on the board of 3i Infrastructure where he served as Chairman of the Audit and Risk Committee. Prior to this, he was a Director at Maples Finance Jersey, with responsibility for their fund administration and fiduciary businesses from 2002-2007.
Steven began his career at PwC in 1990. He is a resident of Jersey, is a qualified Chartered Accountant and has experience of entities reporting under US GAAP as well as UK GAAP and IFRS.
The Company also announces that Jean-Bernard Schmidt, a director of the Company since its listing in 2007, has advised that he does not intend to offer himself for re-election at the Annual General Meeting to be held on 19 July 2018.
Sir Michael Bunbury, Chairman of HVPE, said: “The Board of HarbourVest Global Private Equity is delighted that Steven will be joining the Board of HVPE. He brings considerable professional, listed company and industry experience that will be hugely valuable to our Board as we continue to navigate an increasingly complex accounting and regulatory environment. On behalf of all shareholders I thank Jean-Bernard Schmidt for his service as a director of HVPE since the Company’s original listing in Amsterdam in 2007. His forty-year experience of the private equity world has been invaluable as a member of the Board guiding the Company from its early years through its transition to a FTSE 250 listed entity.”
About HarbourVest Global Private Equity Limited
HarbourVest Global Private Equity Limited (LSE:HVPE) is a Guernsey-incorporated, closed-end investment company which is listed on the Main Market of the London Stock Exchange and is a constituent of the FTSE 250 index. HVPE is designed to offer shareholders long-term capital appreciation by investing in a private equity portfolio diversified by geography, stage of investment, vintage year, and industry. The Company invests in and alongside HarbourVest-managed funds which focus on primary fund commitments, secondary investments and direct co-investments in operating companies. HVPE’s investment manager is HarbourVest Advisers L.P., an affiliate of HarbourVest Partners, LLC, an independent, global private markets investment specialist with more than 35 years of experience.
For more information : http://www.hvpe.com
About HarbourVest Partners, LLC
HarbourVest is an independent, global private markets investment specialist with more than 35 years of experience and more than $45 billion in assets under management. The Firm’s powerful global platform offers clients investment opportunities through primary fund investments, secondary investments, and direct co-investments in commingled funds or separately managed accounts. HarbourVest has more than 400 employees, including more than 100 investment professionals across Asia, Europe, and the Americas. This global team has committed more than $32 billion to newly-formed funds, completed over $18 billion in secondary purchases, and invested over $7 billion directly in operating companies. Partnering with HarbourVest, clients have access to customised solutions, longstanding relationships, actionable insights, and proven results.
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