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HarbourVest Global Private Equity Ltd - FTSE 250-listed investment fund focused on private equity opportunities - Chair Ed Warner buys 5,000 shares at GBP21.59 each, worth GBP107,950, in London on Friday.
Also, on Friday says its net asset value per share in the year ended January 31 fell 1.2% to USD48.52, down from USD49.11 a year ago. Net assets fell to USD3.8 million from USD3.9 million.
Looking ahead, HarbourVest remains "optimistic" that its portfolio is well positioned. However, it is conscious of the challenges that lie ahead.
HarbourVest says it has chosen not to declare a dividend during the year, but plans to buyback USD25 million in shares.
Current stock price: 2,165.00 pence
12-month change: down 4.0%
By Sophie Rose, Alliance News reporter
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