NBPE Announces Appointment of Oak Group as Guernsey Adminstrator

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 NBPE Announces Appointment of Oak Group as Guernsey Adminstrator1 November 2024NB Private Equity Partners (NBPE), the $1.3bn 1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces the appointment of Oak Fund Services (Guernsey) Limited as NBPE's...

St. Peter Port, 01/11/2024 (informazione.it - comunicati stampa - servizi)

NBPE Announces Appointment of Oak Group as Guernsey Adminstrator

1 November 2024

NB Private Equity Partners (NBPE), the $1.3bn , FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces the appointment of Oak Fund Services (Guernsey) Limited as NBPE's Guernsey Administrator and Company Secretary. The appointment is with effect from 1 November 2024.

Effective as of 1 November 2024, NBPE's registered address will be changed to:

NB Private Equity Partners Limited
Oak House,
Hirzel Street,
St Peter Port,
Guernsey
GY1 2NP

Luke Mason NBPrivateMarketsIR@nb.com

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

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

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 September 30, 2024.