NBPE Announces November Monthly NAV

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONSSt Peter Port, Guernsey     18 December 2024NB Private Equity Partners (NBPE), the $1.3bn 1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 30 November 2024 monthly NAV estimate. NAV Highlights (30 November 2024)NAV per share was $27.51 (£21...

St. Peter Port, 18/12/2024 (informazione.it - comunicati stampa - servizi)

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

St Peter Port, Guernsey     18 December 2024

NB Private Equity Partners (NBPE), the $1.3bn , FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 30 November 2024 monthly NAV estimate.

NAV Highlights (30 November 2024)

* All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

Portfolio Update to 30 November 2024

NAV performance during the month driven by:

Realisations from the portfolio

$275 million of total liquidity at 30 November 2024

Four new investments completed in 2024; $104 million invested in 2024 in new and follow-on investments

Portfolio Valuation

The fair value of NBPE's portfolio as of 30 November 2024 was based on the following information:

For further information, please contact:

NBPE Investor Relations          +44 (0) 20 3214 9002
Luke Mason         NBPrivateMarketsIR@nb.com   

Kaso Legg Communications          +44 (0)20 3882 6644

Charles Gorman         nbpe@kl-communications.com
Luke Dampier
Charlotte Francis

Supplementary Information (as at 30 November 2024)

*Undisclosed company due to confidentiality provisions.

About NB Private Equity Partners Limited
NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

LEI number: 213800UJH93NH8IOFQ77

About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $509 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman's investment philosophy is founded on active management, fundamental research and engaged ownership. The PRI identified the firm as part of the Leader's Group, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of 30 September 2024.

Based on net asset value.

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