- HarbourVest Global Private Equity's activity is picking up
- A wide discount looks like an attractive entry point
- Good long-term performance
- Diversified exposure
- Recent uplift in valuations
- Wide discount to NAV
- Relatively high fees
While there are hundreds of investment trusts that invest in listed equities, there are only a handful for investors looking to access private markets. Investors' first decision is between a trust that invests directly in unquoted companies, of which there are at least seven, or a trust that invests in a portfolio of private equity funds, of which there are five, according to Winterflood data.