Latent Value in Listed Private Equity

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Richard Hickman, Managing Director HarbourVest Partners

Public markets are once again at new highs, having more than erased the losses of 2022. The Nasdaq is up nearly 40% in the last 12 months, signalling renewed enthusiasm for the technology sector.¹ Investors are scrambling for growth opportunities amid fresh optimism that macro risks are receding. Yet one corner of the public market remains depressed, offering latent value for investors prepared to look a little more closely.

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