Debevoise Advises HarbourVest Partners in Its Formation of Dover Street IX, a $4.77 Billion Secondaries Fund

7 November 2016

Debevoise & Plimpton LLP advised HarbourVest Partners, a global private markets asset manager, in connection with the formation of its latest secondaries fund, Dover Street IX. The fund was oversubscribed, and closed above its $3.6 billion target at $4.77 billion.

HarbourVest’s secondaries platform focuses on acquiring fund interests diversified by stage, geography and investment year. Limited Partners in the fund span the globe and consist of corporations, pension funds, endowments, foundations and high net worth private sector investors.

The Debevoise team was led by partner David J. Schwartz and included partners Andrew M. Ahern, Kenneth J. Berman, Lawrence K. Cagney and Adele M. Karig, associates Jason Auerbach, Nicholas C. Cassin, Benjamin J. Freeman, Stephen J. Kozey, Adam M. Namm, Aaron Christopher West and Senior Blue Sky Attorney Deborah P. Kubiak.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.