Wednesday, 10 February 2016
Last updated 9 hours ago
Apr 24 2009 | 1:03pm ET
HarbourVest Partners has raised $2.9 billion for its Dover Street VII, a global secondary fund, which invests in venture capital, leveraged buyout and other private equity assets, as well as portfolios of operating companies.
In total, 197 institutional investors committed capital to Dover VII, including corporate pensions, public pensions, endowments, and foundations located in the U.S., Europe, and Asia Pacific.
Dover Street VII began investing in December 2007 and recently completed the Tenaya Capital deal, in which HarbourVest helped the Lehman Brothers Venture Partners team. spin out from Lehman and form an independent entity, Tenaya Capital.