HarbourVest Global Private Equity Limited has announced the retirement of Mr. Paul Christopher as non-executive director of the company and the appointment of Mr. Alan Hodson as a non-executive director. HarbourVest Global Private Equity Limited is a Guernsey-incorporated closed-end investment company which has a dual listing on both the London Stock Exchange and Euronext Amsterdam.
HarbourVest Global Private Equity Limited (“HVPE” or the “Company”), a closed-end investment company, today announces the retirement of Mr. Paul Christopher as non-executive director of the Company and the appointment of Mr. Alan Hodson as a non-executive director effective 30 April 2013. Sir Michael Bunbury, on behalf of the Company, expressed his thanks to Mr. Christopher for his contribution to the Company since joining the Board in October 2007.
Speaking for the Company, Sir Michael said:
“The Board of HarbourVest Global Private Equity is very pleased that Alan Hodson has agreed to become a director. His deep experience of listed markets will be very valuable in helping to guide the future development of the Company.”
Mr. Hodson is Chairman of Blackrock Commodities Income Investment Trust and a Director of JP Morgan Elect. He is also Chairman of Triodos New Horizons Limited and of the Board of Special Trustees of Great Ormond Street Hospital Children’s Charity. Mr. Hodson joined Rowe and Pitman (subsequently SG Warburg, SBC and UBS) in 1984 and worked in a range of roles, all related to listed equity markets. He became Global Head of Equities in April 2001 and was a member of the Executive Committee of UBS Investment Bank and of the UBS AG Group Managing Board. He retired from UBS in June 2005 and has since held positions on a variety of commercial and charity Boards.
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Notes to Editors:
About HarbourVest Global Private Equity Limited:
HarbourVest Global Private Equity Limited (“HVPE”) is a Guernsey-incorporated closed-end investment company which has a dual listing on both the London Stock Exchange and Euronext Amsterdam. HVPE is registered as an investment company with the Netherlands Authority for the Financial Markets (AFM). HVPE is designed to offer shareholders long-term capital appreciation by investing in a private equity portfolio diversified by geography, by stage of investment, by vintage year, and by industry. It invests in and alongside HarbourVest-managed funds which focus on primary partnership commitments, secondary investments, and direct investments in operating companies. HVPE is advised by HarbourVest Advisers L.P., an affiliate of HarbourVest Partners, LLC.
About HarbourVest Partners, LLC:
HarbourVest Partners, LLC (“HarbourVest”) is an independent global private equity investment firm and an SEC registered investment advisor, providing vehicles for institutional investors to invest in the venture capital and buyout markets in the U.S., Europe, and elsewhere through primary partnerships, secondary purchases, and direct investments. The HarbourVest team began investing in 1982 and has committed more than $30 billion to investments over its more than 30-year history. Across its global investment platform, HarbourVest and its affiliates have more than 230 employees in Boston, London, Hong Kong, Tokyo, Bogotá, and Beijing.
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