IN BRIEF: HarbourVest secures USD700 million loan for five years
HarbourVest Global Private Equity Ltd - FTSE 250-listed investment fund focused on private equity opportunities - Says it will now revert to a conventional fixed-term arrangement, from an evergreen term. Says a USD400 million commitment from lender Credit Suisse AG and a USD300 million commitment from Mitsubishi UFJ Trust Banking Corp will expire on January 12, 2028. The remaining USD100 million from Guardians of New Zealand Superannuation will expire on August 15, 2027. The facility is currently undrawn. Read More