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NBPE Announces Change in Joint Corporate Broker
Globenewswire· 2026-02-02 07:00
Core Viewpoint - NB Private Equity Partners Limited has appointed Canaccord Genuity Limited as a Joint Corporate Broker alongside Jefferies International Limited, effective immediately [2]. Company Overview - NB Private Equity Partners Limited (NBPE) is a closed-end investment company based in Guernsey, focusing on direct private equity investments in collaboration with leading private equity firms globally [2][5]. - The company aims for capital appreciation through growth in net asset value over time while providing a bi-annual dividend [2]. Investment Management - The investment management is handled by NB Alternatives Advisers LLC, a wholly owned subsidiary of Neuberger Berman Group LLC, which is responsible for sourcing, execution, and management of investments [2]. - NBPE emphasizes fee efficiency by making direct investments without management fees or carried interest payable to third-party general partners [2]. Neuberger Berman Overview - Neuberger Berman is an independent, employee-owned investment manager founded in 1939, managing approximately $563 billion across various asset classes for global institutions, advisors, and individuals [3]. - The firm has been recognized for its commitment to clients and employees, receiving accolades such as Best Asset Manager for Institutional Investors in the US and 1 Best Place to Work in Money Management [3].
NBPE Announces Transaction in Own Shares
Globenewswire· 2025-06-30 06:00
Core Viewpoint - NB Private Equity Partners ("NBPE") has announced the buyback of Class A Shares as authorized by shareholders, indicating a strategic move to manage its capital structure and enhance shareholder value [2][3]. Group 1: Share Buyback Details - The share buyback occurred on June 27, 2025, with 1,500 Class A Shares purchased at a uniform price of £14.28 [3]. - Following the buyback, the total number of outstanding Class A Shares will be reduced to 45,498,210, with an additional 3,150,408 Class A shares held in treasury [3]. Group 2: Company Overview - NBPE is a closed-end investment company based in Guernsey, focusing on direct private equity investments alongside leading private equity firms globally [4][7]. - The investment manager, NB Alternatives Advisers LLC, is a wholly owned subsidiary of Neuberger Berman Group LLC, which emphasizes fee efficiency by not charging management fees or carried interest to third-party general partners [4]. - The company aims for capital appreciation through growth in net asset value while providing bi-annual dividends to its shareholders [4]. Group 3: Neuberger Berman Background - Neuberger Berman, founded in 1939, is an independent investment manager with over 2,800 employees across 26 countries, managing $515 billion in various asset classes [5]. - The firm's investment philosophy is centered on active management, fundamental research, and engaged ownership, recognized as a top workplace in money management for eleven consecutive years [5].