Statement re Semi-Annual Results to 31 July 2010

30 September 2010


          HVPE ECONOMIC NET ASSET VALUE GROWS 4.4% TO $9.03 PER SHARE
                     OVER THE SIX MONTHS ENDED 31 JULY 2010

 $50 MILLION COMMITMENT TO HARBOURVEST PARTNERS IX U.S. FUND-OF-FUNDS PROGRAMME

  * Increasing Economic Net Asset Value over the six-month period continues to
    enhance financial flexibility
  * Implementation of Liquidity Plan begins to diversify the Company's
    shareholder base and increase liquidity in its shares
  * Significant uplift in capital calls and distributions with $58 million
    called and $48 million of distributions received
  * Unfunded commitments fall by $69 million to $554 million
  * Strong balance sheet combined with active investment strategy positions HVPE
    to capitalise on market opportunities


HarbourVest Global Private Equity Limited ("HVPE"), a closed-end investment
company listed on Euronext Amsterdam and the Specialist Fund Market of the
London Stock Exchange, today announces its unaudited results for the six months
ended 31 July 2010, showing that its Economic Net Asset Value ("Economic NAV")
rose by 4.4% over the period.

As at 31 July 2010, HVPE's Economic NAV was $749.6 million, or $9.03 per share.
This represents an increase of $0.38 per share over the financial period from
31 January 2010 ($8.65).

This increase was driven primarily by HarbourVest U.S. fund-of-funds, which
increased by $0.35 per share.  $0.18 per share resulted from HarbourVest
international fund-of-funds, $0.07 from HarbourVest direct funds, and $0.04 from
the global secondary fund.  Unrealised foreign currency losses reduced Economic
NAV by $0.12 per share, and operating expenses reduced it by $0.14 per share.

HVPE is also announcing that on 27 September 2010, it committed $50 million to
the HarbourVest Partners IX programme, a U.S.-focused fund-of-funds.  HVPE
allocated $25 million to HarbourVest IX Buyout, $20 million to HarbourVest IX
Venture, and $5 million to HarbourVest IX Credit Opportunities.  The allocation
mix reflects the attractive opportunities that the Investment Manager and HVPE's
Board of Directors believe are available in these market segments, particularly
venture.

Portfolio highlights as at 31 July 2010 include:
  * HVPE's portfolio included commitments to 21 HarbourVest funds at various
    stages of development
  * HVPE has 61% of NAV invested in primary partnerships, 21% in secondary
    investments, and 18% in direct investments
  * Reflecting HVPE's portfolio diversification strategy, no single company
    represented more than 3.1% of NAV, and the top 25 companies represented
    approximately 19% of NAV
  * HVPE's portfolio was invested 64% in the U.S., 28% in Europe, and 8% in the
    rest of the world
  * In May 2010, HVPE invested £10 million in HarbourVest Senior Loans Europe
    Limited ("HSLE"), a London Stock Exchange listed fund which invests in
    existing and new senior secured loans to private equity-backed, mid-market
    companies in Europe
  * During the six-month period, HVPE benefitted from the ongoing commitments
    made by six of the actively-investing HarbourVest funds in the portfolio,
    which committed approximately $9 million to primary investments, $31 million
    to secondary investments, and $3 million to direct investments (excluding
    HSLE) on HVPE's behalf


Commitments and balance sheet highlights as at 31 July 2010 include:
  * From 1 February to 31 July 2010, HVPE funded $57.9 million of capital calls
    and received $48.2 million in distributions from HarbourVest funds, with the
    pace of both capital calls and distributions increasing significantly from
    the second half of the prior financial year
  * HVPE is 113% invested, compared to 109% at 31 January 2010
  * Total outstanding unfunded commitments were $554.4 million, down $68.6
    million (11%) from $623.0 million at 31 January 2010
  * As at 31 July 2010, HVPE had a maximum amount available to be drawn down
    from its $500 million credit facility of $389.6 million, compared to $389.0
    million at 31 January 2010, based on the facility's most restrictive
    covenants
  * HVPE's Commitment Coverage Ratio (coverage of unfunded commitments)
    increased from 64% at 31 January 2010 to 71% at 31 July 2010; and its
    coverage of allocated unfunded commitments increased from 89% at 31 January
    2010 to 95% at 31 July 2010
  * HVPE's Commitment Level Ratio (private equity exposure divided by Economic
    NAV) declined from 196% at 31 January 2010 to 187% at 31 July 2010; and its
    Allocated Commitment Level Ratio declined from 171% at 31 January 2010 to
    168% at 31 July 2010


In May 2010, the Company was admitted to the Specialist Fund Market of the
London Stock Exchange and successfully completed a Secondary Placing of 4.8
million existing shares. The Company also issued Put Rights to purchasers of its
shares in the Secondary Placing and thereafter, in the public markets.
 Together, these elements formed a Liquidity Plan intended to expand the
Company's shareholder base and improve liquidity. The Company has recently seen
an increase in trading in its shares with 1,720,423 shares traded (2.1% of
outstanding) from 1 August 2010 through to 29 September 2010.

As at 29 September 2010, 6,745,061 Put Rights had been issued under the
Liquidity Plan, with 211,460 Put Rights remaining to be issued to eligible
investors purchasing shares in the public markets. The Put Right allows holders
to sell their shares back to HVPE on 15 November 2011 at the lower of $5.75 or
estimated Economic NAV per share as at 31 October 2011. The Company's total
repurchase obligation under the Put Rights cannot exceed $40 million, and if
exercised, the Puts would likely be accretive to the Company's NAV per share, or
at worst neutral.

For additional information on the Liquidity Plan, please refer to the press
releases on HVPE's website at www.hvgpe.com/press_releases.

The Company's Semi-Annual Report and Unaudited Consolidated Financial Statements
provide further detail on:
  * Diversification by NAV
  * Largest managers based on NAV
  * Largest underlying company investments
  * Publicly-listed holdings
  * Currency exposure
  * Cash flows, capital calls, and liquidity events


Conference Call Today
HVPE will host a conference call and webcast reviewing the Company and these
results
for investors and analysts today, Thursday 30 September 2010, at the following
time:

17.00 Amsterdam / 16.00 London and Guernsey / 11.00 Boston.

The  webcast and  accompanying results  presentation will  be accessible through
links on HVPE's web site,www.hvgpe.com.

The webcast (with audio) will be accessible directly
at

http://www.thomson-webcast.net/us/dispatching/?event_id=6d3cd63feb0321a7159d68
595a2719a6&portal_id=0c66e69ef9b989911a5afc8d53d3a249.

The webcast (via telephone) will be accessible directly
at

http://www.thomson-webcast.net/us/dispatching/?event_id=6d3cd63feb0321a7159d68
595a2719a6&portal_id=29d1fc34a82751bc4c865d18b040661f.

The conference call will be accessible via the following numbers:
0808 234 7616 (U.K. toll-free)
[phone] (International)
800 295 4740 (U.S. / Canada toll-free)

The participant passcode is 84973557.

The webcast will also be archived on the Shareholders section of HVPE's web site
(www.hvgpe.com).

The Semi-Annual Report and Unaudited Consolidated Financial Statements for the
period ending 31 July 2010 is available on HVPE's web site,www.hvgpe.com, under
Shareholders >Reports & Presentations> Reports.



Enquiries:

 HVPE

 Steve Belgrad                            Tel: [phone]



 HarbourVest

 Laura Thaxter                            Tel: [phone]



 Fishburn Hedges

 Michelle James/Dan Bradley/Jason Nisse   Tel: [phone]

 [e-mail]


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
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.  To learn more about
HVPE, please visitwww.hvgpe.com.

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 U.S.$30 billion to investments over its
28-year history. It currently has 236 employees in its Boston office and London,
Hong Kong, and Tokyo subsidiaries.
www.harbourvest.com.

                                      ***

This release does not contain or constitute an offer to sell or a solicitation
of an offer to purchase securities in the United States. The securities of HVPE
have not been and will not be registered under the United States Securities Act
of 1933 (the "Securities Act"), as amended, and may not be offered or sold in
the United States or to U.S. persons unless they are registered under applicable
law or exempt from registration. HVPE does not intend to register any portion of
its securities in the United States or to conduct a public offer of securities
in the United States. In addition, HVPE has not been and will not be registered
under the United States Investment Company Act of 1940, and investors in HVPE
are not entitled to the benefits of such Act.



[HUG#1447869]








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