HarbourVest Global Private Equity Limited Announces Ventizz's Sale of ersol Solar Energy AG

St Peter Port, Guernsey (ots/PRNewswire) - HarbourVest
Global Private Equity Limited ("HVPE") has been advised of the
proposed sale of ersol Solar Energy AG, one of HVPE's 25 largest
underlying company investments, by Ventizz Capital Fund II, LP
("Ventizz"). At the announced price, the sale of ersol to Robert
Bosch GmbH would result in a gain in NAV for HVPE of approximately
U.S.$7.7 million, or U.S.$0.09 per share.

Ventizz is one of HVPE's 25 largest underlying European managers
and one of HVPE's 25 largest underlying venture/growth equity
managers (based on NAV). The proposed sale, which is subject to
approval by antitrust authorities, is at a price of EUR101 per common
share of ersol, representing a 63% premium to the closing price on
May 30. Once concluded, HVPE expects to receive total distributions
of approximately U.S.$14 million as a result of this transaction.

One of the leading players in the solar industry, ersol was
acquired by Ventizz in 2004 as part of a HarbourVest-led synthetic
secondary transaction in which Ventizz and the investor syndicate
acquired a portfolio of eight later stage venture capital investments
in Germany. Ventizz, a private equity manager with a geographical
focus on German-speaking Europe, has expertise in cleantech and
technology growth investments.

George Anson, Director of HVPE, said: "We are delighted by this
realisation within our European venture portfolio. Venture has been
an important part of HarbourVest's strategy for the past 25 years and
is therefore a key component of HVPE's strategy at approximately 40%
of the portfolio. Today's announcement is a confirmation of the
merits of that strategy. The returns generated for HVPE also
demonstrate the benefit to shareholders of having access to
HarbourVest's experience of selecting high quality, global, venture
fund managers, as well as the firm's expertise in structuring
secondary transactions."

Notes to Editors:

About HarbourVest Global Private Equity Limited:

HarbourVest Global Private Equity Limited ("HVPE") is a
Guernsey-incorporated closed-end investment company listed on
Euronext Amsterdam by NYSE Euronext, the regulated market of 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 visit http://www.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 invested U.S.$29 billion over its 25-year
history. It currently has 201 employees in its Boston office and
London and Hong Kong subsidiaries. http://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.

ots Originaltext: HarbourVest Global Private Equity Limited
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Enquiries: HarbourVest, Laura Thaxter, Tel: +1-(617)-348-3695;
Maitland, Lydia Pretzlik, Anthony Silverman, Tel: +44-(0)20-7379-5151