HARBOURVEST GLOBAL PRIVATE EQUITY RELEASES ESTI...

15 August 2011

HARBOURVEST GLOBAL PRIVATE EQUITY RELEASES ESTIMATED ECONOMIC NET ASSET VALUE AS
                                AT 31 JULY 2011

  * ECONOMIC NAV PER SHARE OF $10.74
  * $13.4 MILLION OF CAPITAL CALLS FUNDED
  * $11.5 MILLION IN DISTRIBUTIONS RECEIVED
  * 38 LIQUIDITY EVENTS - 7 IPOS AND 31 M&A EVENTS


HarbourVest Global Private Equity Limited ("HVPE" or the "Company"), a closed-
end investment company, today announces its estimated Economic Net Asset Value
("Economic NAV") as at 31 July 2011.

Economic Net Asset Value

The estimated Economic NAV at 31 July 2011 is $888.2 million or $10.74 per
share, a 1.6% decrease from 30 June 2011 ($10.91).  This change was driven by
decreases in value for privately-held companies as a portion of the portfolio
was re-valued to reflect 30 June 2011 results (approximately $0.07 per share),
decreases in the value of publicly-traded holdings to 31 July 2011 ($0.07 per
share), negative foreign currency movement ($0.01 per share), and ongoing
operating expenses ($0.02 per share).

Balance Sheet and Commitments

In July 2011, HVPE funded $13.4 million of capital calls and received $11.5
million in distributions, resulting in net negative cash flows of $1.9 million.

During July, there were a total of 38 liquidity events across HVPE's underlying
portfolio, including seven IPOs and 31 M&A events. Venture-backed IPOs included
headphone provider Skullcandy (SKUL) and telecom expense software company
Tangoe, Inc. (TNGO). Larger buyout-backed liquidity events included the IPO of
Dunkin Brands, Inc. (DNKN) and the sale of outdoor apparel company Jack Wolfskin
GmbH & Co. KgaA.

As part of HVPE's previously announced plans to participate, along with
HarbourVest-managed secondary funds, in a public offer for all bearer shares of
Absolute Private Equity, Ltd., the HarbourVest consortium increased its offer
price during July 2011. The preliminary interim result indicates that greater
than 90% of Absolute shareholders have tendered, and the definitive interim
result will be announced on 16 August.  As detailed in the offer prospectus, at
tender levels of 90% or higher, HarbourVest intends to take Absolute private.
The transaction is expected to close in September.  HVPE's direct commitment to
the transaction is expected to be at least 10% of the purchase price.

Share Buyback Programme

During July 2011, HVPE did not repurchase any shares under its Share Buyback
Programme.

Additional detail about HVPE's Economic NAV and investment diversification can
be obtained on HVPE's website, in the Monthly Update for 31 July 2011,
byclicking here.


Enquiries:

 HarbourVest / HVPE

 Laura Thaxter                        Tel: [phone]



 Fishburn Hedges

 Jason Nisse / Alastair Fairbrother   Tel: [phone]
                                      [e-mail]


Notes to Editors:

As previously disclosed, HVPE is now using Economic NAV as its primary reporting
metric for its Monthly Updates and management analysis.  Economic NAV excludes
the fair value of the liability arising as a result of the issue of the Put
Rights as part of the Company's Liquidity Plan, and represents the most
conservative outcome upon the maturity of the Put Rights.  The Company believes
that this is the most appropriate measure of economic value to holders of the
Shares.

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
institution with the Netherlands Authority for the Financial Markets.  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 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. It
was formed in
1982 and has committed more than $30 billion to investments over its 29-year
history. It currently has more than 230 employees in its Boston office and
London, Hong Kong, and Tokyo subsidiaries.

This  announcement is for  information purposes only  and does not constitute or
form  part of any  offer to issue  or sell, or  the solicitation of  an offer to
acquire,  purchase  or  subscribe  for,  any  securities in any jurisdiction and
should  not be relied upon  in connection with any  decision to subscribe for or
acquire  any Shares.   In particular,  this announcement  does not constitute or
form  part of any  offer to issue  or sell, or  the solicitation of  an offer to
acquire, purchase or subscribe for, any securities in the United States or to US
Persons  (as defined  in Regulation  S under  the US  Securities Act of 1933, as
amended  ("US Persons")).  Neither this  announcement nor any copy  of it may be
taken,  released, published or distributed, directly or indirectly to US Persons
or  in or  into the  United States  (including its territories and possessions),
Canada,  Australia  or  Japan,  or  any  jurisdiction where such action would be
unlawful.  Accordingly, recipients represent that they  are able to receive this
announcement  without  contravention  of  any  applicable  legal  or  regulatory
restrictions  in the jurisdiction  in which they  reside or conduct business. No
recipient  may  distribute,  or  make  available, this announcement (directly or
indirectly)  to any other person. Recipients  of this announcement should inform
themselves  about  and  observe  any  applicable  legal  requirements  in  their
jurisdictions.

The  Shares have not been and will not be registered under the US Securities Act
of  1933, as amended  (the "Securities  Act") or  with any securities regulatory
authority  of  any  state  or  other  jurisdiction  of  the  United  States and,
accordingly,  may  not  be  offered,  sold,  resold,  transferred,  delivered or
distributed,  directly or indirectly, within the United States or to US Persons.
 In  addition, the Company is not registered under the US Investment Company Act
of  1940, as  amended  (the  "Investment  Company  Act") and shareholders of the
Company  will not  have the  protections of  that act.   There will be no public
offer of the Shares in the United States or to US Persons.

This  announcement has been prepared by  the Company and its investment manager,
HarbourVest  Advisers L.P.  (the "Investment  Manager"). No liability whatsoever
(whether in negligence or otherwise) arising directly or indirectly from the use
of this announcement is accepted and no representation, warranty or undertaking,
express or implied, is or will be made by the Company, the Investment Manager or
any    of   their   respective   directors,   officers,   employees,   advisers,
representatives  or other  agents ("Agents")  for any  information or any of the
opinions contained herein or for any errors, omissions or misstatements. None of
the  Investment Manager  nor any  of their  respective Agents  makes or has been
authorised  to make  any representation  or warranties  (express or  implied) in
relation  to the Company  or as to  the truth, accuracy  or completeness of this
announcement, or any other written or oral statement provided. In particular, no
representation  or warranty is given as to the achievement or reasonableness of,
and  no  reliance  should  be  placed  on any projections, targets, estimates or
forecasts  contained in this announcement and nothing in this announcement is or
should be relied on as a promise or representation as to the future.

Other  than as required by applicable laws,  the Company gives no undertaking to
update  this  announcement  or  any  additional  information,  or to correct any
inaccuracies  in  it  which  may  become  apparent  and the distribution of this
announcement.  The information  contained in  this announcement  is given at the
date  of its publication and is subject to updating, revision and amendment. The
contents of this announcement have not been approved by any competent regulatory
or supervisory authority.

This announcement includes statements that are, or may be deemed to be, "forward
looking  statements".  These forward looking statements can be identified by the
use  of forward looking terminology, including the terms "believes", "projects",
"estimates",  "anticipates",  "expects",  "intends",  "plans", "goal", "target",
"aim", "may", "will", "would", "could", "should" or "continue" or, in each case,
their  negative  or  other  variations  or comparable terminology. These forward
looking statements include all matters that are not historical facts and include
statements  regarding  the  intentions,  beliefs  or current expectations of the
Company.   By  their  nature,  forward  looking  statements  involve  risks  and
uncertainties because they relate to events and depend on circumstances that may
or  may not  occur in  the future  and may  be beyond  the Company's  ability to
control  or predict.  Forward looking  statements are  not guarantees  of future
performance.    More detailed  information on the  potential factors which could
affect the financial results of the Company is contained in the Company's public
filings and reports.

HarbourVest  Global Private  Equity Limited  is registered  with the Netherlands
Authority  for the Financial Markets as a collective investment scheme which may
offer  participations  in  The  Netherlands  pursuant  to  article  2:66 of  the
Financial   Markets  Supervision  Act  (Wet  op  het  financieel  toezicht). All
investments  are subject  to risk.  Past performance  is no  guarantee of future
returns.  Prospective investors are advised to seek expert legal, financial, tax
and  other professional advice before making  any investment decision. The value
of  investments may fluctuate. Results achieved in  the past are no guarantee of
future results.

This  announcement  is  issued  by  the  Company,  which  is registered with the
Netherlands  Authority for the Financial Markets and whose registered address is
at Anson Place, Mill Court, La Charroterie, St Peter Port, Guernsey GY1 1EJ.

© 2011 HarbourVest Global Private Equity Limited. All rights reserved.







This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: HarbourVest Global Private Equity Limited via Thomson Reuters ONE

[HUG#1538388]