Dover Street XII is a limited partnership registered in the State of Delaware, USA. The partnership was established by HarbourVest Partners in December 2025. HarbourVest Partners has been operating since 1982 and manages a broad range of investment funds. Dover Street XII is the firm’s 12th flagship secondaries fund and is expected to pursue an investment strategy similar to that of its predecessor funds. The fund has a target size of $20 billion, with a hard cap of $24 billion.
The fund will invest in interests in private investment funds worldwide through transactions in the secondary market, including both GP-led transactions and LP-led transactions. The investment portfolio will be diversified across sectors and geographies, as well as by vintage year, fund manager, and investment strategy. The fund operates as part of HarbourVest Partners and leverages the group’s resources and competitive advantages to source, originate, execute, and monitor investments.
