US fund of funds HarbourVest has secured the largest cash pay-out in its history following the sale of Ersol Solar, a German renewable energy company, which gave it $264m (â¬170m) from a $34m investment.
German venture firm Ventizz Capital Partners, in which HarbourVest has a stake, last week sold 50% of Ersol to German conglomerate Robert Bosch for â¬546.4m ($851.3m).
