HarbourVest Partners raises over $870m for new Asia fund of funds

Global private markets investment firm HarbourVest Partners has raised more than $870 million for its latest Asia-focused fund of funds (FoF) and its sidecar vehicles, according to regulatory filings.

The asset manager has raised $370 million for HarbourVest Asia Pacific Fund 5, a multi-strategy FoF launched in 2021, according to its filings with the US Securities and Exchange Commission (SEC). It has also racked up $325 million for HarbourVest Asia Pacific 5 Feeder Fund, and $176.1 million for HarbourVest Asia Pacific 5 AIF.

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