Fund database › Private Equity
The broadly diversified core product of the HarbourVest platform combines co-investments, secondaries and primaries across Europe, North America and Asia — as a Luxembourg Part II SICAV, launched in 2023, accumulating.
Subscription and order submission monthly with short notice; the redemption limit operates quarterly — once the quarterly pool is exhausted, orders wait for the next quarter. No minimum holding period; early redemptions in the first year incur a fee.
Exclusively for professional investors; not registered for distribution in Germany.
Launched in 2023, one of the more seasoned Part II evergreens and the all-rounder counterpart to its secondaries sister fund — the monthly order mechanics under a quarterly limit portion liquidity more finely than the usual quarterly rhythm.
Figures at fund level · product data 12 Oct 2026 · sources: prospectus (as at July 2025), PRIIPs-KID, Factsheet — full list under 08 documents.
No documented NAV series in the database; the provider’s figures are shown.
+11.92% (1 year, net, Ironbark feeder class H in AUD, as at 31 Dec 2025; CYTD 2025 likewise 11.92%). Relates to the AUD feeder class H, not to a EUR/USD class of the SICAV sub-fund.
What the prospectus permits: Secondaries and direct investments; approx. 4,000 underlying companies
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
93 holdings; the largest are EngageSmart, Gen II Fund Services, Sézane. 5.7% is held in the liquidity reserve — enough for 3 months of maximum redemptions.
How the reserve is invested: JPMorgan U.S. Government Money Market Fund 3.1% · Goldman Sachs US$ Treasury Liquid Reserves Fund 0.7% · MS Liquidity Funds - US Dollar Treasury Liquidity Fund 0.7% · 3 more 1.2%. It covers 3 months of the maximum net redemption (at most 20% per year under the gate) — what that means for redemptions is in 06.
Among the largest positions: 7 equity holdings.
Anthropic, PBC (San Francisco) is an AI company founded in 2021 that develops the Claude family of language models and offers them to businesses and consumers through its own applications …
Stripe provides payment infrastructure for online merchants and platforms, including payment processing, billing, treasury and fraud prevention services.
Australian holding company of a telemedicine provider, classified in the report under health care; no further description is available.
Positions and shares according to the provider; weights of the holdings are not reported; short descriptions by semiliquid.info from public sources; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
Cost figures of the main class according to provider documents. On top comes a performance fee of 12.50% above a hurdle of 8% — without a high-water mark.
Cost figures of the main class according to provider documents.
Units can be subscribed monthly. The price is the NAV on the valuation day — it is not known when the order is placed.
KYC/AML complete before the Dealing Deadline, otherwise postponement to the next Trade …
The Board may accept requests received after the Dealing Deadline but before the …
Price = NAV per share on this day.
Publication around the 20th business day of the month following the valuation day
pre-funding: 0 business days after Valuation day
An order placed today is invested in — days (—); the money is due on —. Miss the cut-off and you move to the next dealing day: cut-off —, invested from —.
| Frequency | monthly |
|---|---|
| Procedure | fully paid-in |
| Valuation day | last calendar day of the month |
| Cut-off | 5 business days before Valuation day · 17:00 CET · (before the anchor date) |
| Price | valuation day |
| NAV publication | Publication around the 20th business day of the month following the valuation day |
| Payment | pre-funding: 0 business days after Valuation day |
| Minimum investment | USD 25,000 |
| Subscription limit | Board discretion: acceptance/rejection/deferral according to capacity, market conditions, fund size, investor suitability |
| KYC / documents | KYC/AML complete before the Dealing Deadline, otherwise postponement to the next Trade Date |
| Revocation | where deferred by the Board, cancellation until the next Dealing Deadline; otherwise not addressed |
| Business day | banks open in Luxembourg City; excluding Saturdays and Sundays (p. 111) |
Dates calculated from the prospectus rules (bank holidays: LU); only the transfer agent’s confirmation is binding. Data as at 12 Oct 2026 · Documents: 08.
Units can be redeemed monthly — with a volume limit (Gate) and without a lock-up. How quickly the money arrives and what happens if many want out at once is set out below.
Gate of 5% per quarter; from 1 Jan 2025 increased by accepted cash subscriptions with the same Trade Date.
NAV per unit less redemption fee (up to 5%)
NAV at previous quarter-end (—)
NAV publication
A request made today is paid out on — — — days; from the cut-off to cash it is — days.
Money typically within a quarter — on average 66 days from decision to cash.
Rank 66 of 112 · rank 21 of 38 in Private Equity · no lock-up · exit costs of 5.0% included
Money typically within a quarter — on average 66 days from decision to cash.
no lock-up · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 15 Jul 2025 · score run 16 Oct 2026 · How 66 days become 21 pointsThe score measures how quickly and reliably you can get your money out according to the prospectus — not whether the fund is good.
| Character | redemption right |
|---|---|
| Frequency | monthly |
| Valuation day | last calendar day of the month |
| Notice | 5 business days before Valuation day · 17:00 CET |
| Price | valuation day |
| Payout | 10 business days after NAV publication |
| Gate | 5% net of NAV at the previous quarter-end per quarter; NAV of class M excluded from the gate basis; redemptions of class P not counted |
| Scaled-back portion | carried forward automatically to the next dealing day |
| Redemption fee (max.) | up to 5% (12 months, cliff (lapses after the period)) |
| Lock-up | none |
| Suspension | market/exchange closure, valuation sources unavailable, transfer restrictions/Force Majeure |
| Liquidity tools | Gates, suspension of NAV and dealing, redemption in kind, anti-dilution adjustment, Limited Dealing Procedure |
| Switch / transfer | Possible with notice to the fund and the Board's consent, pre-emption right possible, 12-month inalienability restriction possible. |
| Compulsory redemption | in the case of a Prohibited Person, breach of the eligibility criteria, falling below the minimum holding, payment default; 30 calendar days notice period |
Quarterly gate with monthly redemption: the redemptions of all investors are limited per calendar quarter to 5% of the sub-fund NAV as at the end of the immediately preceding quarter, cumulated across all dealing days of the quarter; the NAV attributable to class M units is left out of account. Since 1 Jan 2025 the limit is increased on each dealing day by the sub-fund's cash subscriptions accepted on that day.
The gate is quarterly, although redemption is possible monthly: the 5% relates to the sub-fund NAV as at the end of the previous quarter (excluding the NAV attributable to class M units) and is cumulated across all dealing days of a quarter.
Dates calculated from the prospectus rules (bank holidays: LU); only the transfer agent’s confirmation is binding. Data as at 12 Oct 2026 · Documents: 08.
1 class according to provider documents; per-class details (ISIN, currency, costs) are not yet captured.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Factsheet / monthly report | 31 Dec 2025 | — |
| Positions and reserve | 31 Dec 2025 | Portfolio (03) |
All figures are taken from provider documents (product data as at 16 Oct 2026, distribution data as at 5 Oct 2026) and have not been conclusively verified.
Redemption monthly, notice period 5 business days before Valuation day, with 5% gate per quarter. Subscribing today, it takes on average 66 days from decision to cash under the prospectus deadlines; a gate is not factored in.
Not as a retail investor. According to our evidence, in Germany it is open only to semi-professional investors (as at 5 Oct 2026). The Access check shows the details.
As at 16 Oct 2026, no redemption restriction is documented for the HarbourVest Global Private Solution - Diversified Private Equity Fund. Under the prospectus a gate of 5% per quarter applies.
Same asset class, similar sub-strategy.
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Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.