HarbourVest Partners has raised $456m (€376m) for its latest value-add infrastructure and real assets fund.

The global private markets asset manager said the commitments received by the Real Assets Fund IV fund’s capital raising, which closed in late December, included commitments from a number of limited partners.

The fund was supported by limited partners in North America, the UK, and Israel including pension funds, endowments, foundations, and ultra-high net worth private sector investors.

Kevin Warn-Schindel, managing director, HarbourVest Partners, said: “This latest dedicated pool of capital further enhances HarbourVest’s position as a strategic partner and a leading provider of liquidity solutions in the infrastructure and real assets secondary market.

“As the infrastructure and real assets market continues to grow, HarbourVest’s experience, deep relationships, and ability to deliver customised liquidity solutions for General Partners and limited partners are a key differentiator for us.”

The fund’s closing announcement follows the October 2020 final close of Adelaide, HarbourVest’s $384m core yielding infrastructure vehicle.

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