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NBPE - NB Private Equity Partners Announces Transaction in Own Shares
Globenewswire· 2025-06-09 06:00
Summary of Key Points Core Viewpoint - NB Private Equity Partners ("NBPE") has announced the buyback of Class A Shares, reflecting its commitment to enhancing shareholder value through share repurchase programs [2][3]. Group 1: Share Buyback Details - The buyback occurred on June 6, 2025, with a total of 3,000 Class A Shares purchased at prices ranging from £14.50 to £14.34 [3]. - Following the buyback, the total number of outstanding Class A Shares will be 45,533,911, 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]. Group 3: Neuberger Berman Background - Neuberger Berman, founded in 1939, is an independent investment manager with over 2,800 employees managing $515 billion across various asset classes [5]. - The firm has been recognized as one of the best places to work in money management for eleven consecutive years, highlighting its strong employee engagement and management philosophy [5].
天津私募基金管理基金规模逾6028亿元 位居全国前列
Xin Hua Cai Jing· 2025-06-07 02:59
报告显示,2024年我国私募基金行业发展面临诸多困难,但仍保持了稳步发展态势,发展质量不断提 升。截至2024年底,在中国证券投资基金业协会登记的私募基金管理人2万余家,管理基金数量14.40万 只,管理基金规模19.91万亿元。 该报告由天津证监局、天津市基金业协会在2025天津五大道金融论坛上发布。 报告分析,天津私募基金行业生态呈现三大鲜明特征:一是政策创新与市场活力共振,自贸试验区跨境 投融资试点深化,数据要素市场化配置改革为基金投资开辟新赛道;二是"产学研投"融合加速,天开高 教科创园、滨海基金小镇、金创区等载体推动科技与资本高效对接;三是退出渠道多元化趋势显现。 天津的私募基金头部效应显著。截至2024年底,基金管理人管理规模在100亿元以上的数量13家,占比 3.94%;10亿元至100亿元之间的78家,占比23.64%;10亿元以下的239家,占比72.42%。 2024年,在天津注册的私募股权投资基金投资全国项目数量排名前六的地区分别是天津、北京、上海、 广东(含深圳)、江苏、浙江(含宁波);投资全国本金排名前六的地区是上海、北京、江苏、浙江 (含宁波)、广东(含深圳)和天津。 新华财经天津 ...
Point and Funds Managed by Blue Owl Capital Close Oversubscribed $248 Million Home Equity Investment Rated Securitization
GlobeNewswire News Room· 2025-06-05 05:05
Core Insights - Point has completed a rated securitization of its Home Equity Investment (HEI) assets, issuing $248.6 million in asset-backed securities, marking its fourth rated securitization and fifth overall [1][2] - The transaction was significantly oversubscribed, attracting more than 8 times the initial offering, indicating strong investor interest in HEIs [2][3] - The HEI market has matured over the past 18 months, with issuance volume doubling and the number of transactions tripling in 2024, reflecting increased institutional recognition and investor confidence [3] Company Overview - Point is a leading home equity investment platform that has unlocked over $1.5 billion in home equity for more than 15,000 homeowners since its founding in 2015 [5] - The company's flagship product, the HEI, allows homeowners to access their equity without increasing monthly expenses, providing a solution for debt elimination and financial hardship [5] - Point is backed by prominent investors including Westcap, Andreessen Horowitz, and Blue Owl Capital, and is headquartered in Palo Alto, California [5] Industry Context - The HEI asset class is gaining traction, with the total volume of HEI-backed deals reaching $936 million across five transactions in the previous year, a significant increase from prior years [3] - The successful rating of multiple HEI-backed deals has established important benchmarks for credit quality and performance, indicating a shift from an emerging to an established asset class within alternative housing finance [3] - Blue Owl Capital, a significant player in the asset management space with $273 billion in assets under management, has co-sponsored multiple transactions with Point, reinforcing the growth potential of HEIs [6][4]
NBPE - Transaction in Own Shares
Globenewswire· 2025-06-03 06:00
Company Overview - NB Private Equity Partners ("NBPE") is a closed-end investment company based in Guernsey, focusing on direct private equity investments alongside leading private equity firms globally [3][6] - The company is managed by NB Alternatives Advisers LLC, a wholly owned subsidiary of Neuberger Berman Group LLC, which is responsible for sourcing, execution, and management of investments [3] Share Buyback Announcement - On June 3, 2025, NBPE announced the buyback of Class A Shares under the authority granted by shareholders on June 12, 2024, and an agreement with Jefferies International Limited [1][2] - A total of 3,800 Class A Shares were purchased on June 2, 2025, at prices ranging from £14.50 to £14.20 [2] - Following the buyback, the total number of outstanding Class A Shares will be 45,546,161, with an additional 3,150,408 Class A shares held in treasury [2] Investment Strategy - NBPE aims for capital appreciation through growth in net asset value over time while providing a bi-annual dividend [3] - The company emphasizes fee efficiency by making direct investments without management fees or carried interest payable to third-party general partners [3] Neuberger Berman Overview - Neuberger Berman, founded in 1939, is an employee-owned independent investment manager with over 2,800 employees across 26 countries, managing $515 billion in various asset classes [4] - The firm's investment philosophy is based on active management, fundamental research, and engaged ownership, and it has been recognized as a top workplace in money management for eleven consecutive years [4]
Baron Opportunity Fund Q1 2025 Top Contributors And Detractors
Seeking Alpha· 2025-05-15 12:05
Core Viewpoint - Baron is an asset management firm that specializes in growth equity investment solutions, emphasizing a long-term and fundamental approach to investing [1] Company Overview - Founded in 1982, Baron has established a reputation for its active growth investing strategy [1] - The firm originated as an equity research company, which continues to be central to its operations [1] Communication Note - The account mentioned is not managed or monitored by Baron Capital, and inquiries should be directed through official channels [1]
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Second Quarter Ended March 31, 2025
Globenewswire· 2025-05-12 20:05
MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the second quarter ended March 31, 2025. HIGHLIGHTSQuarter ended March 31, 2025 (Unaudited)($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $2,344.1 <td style="ver ...
Fidus Investment (FDUS) - 2025 Q1 - Earnings Call Transcript
2025-05-09 14:02
Fidus Investment (FDUS) Q1 2025 Earnings Call May 09, 2025 09:00 AM ET Company Participants Jody Burfening - IREdward Ross - Chairman & CEOShelby Sherard - Chief Financial OfficerMickey Schleien - MD - Equity Research Conference Call Participants Robert Dodd - AnalystSean-Paul Adams - Equity Research Analyst Operator Good day, and welcome to the Fidus First Quarter twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opport ...
Greystone Housing Impact Investors LP(GHI) - 2025 Q1 - Earnings Call Transcript
2025-05-07 21:32
Greystone Housing Impact Investors LP (GHI) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Jesse Coury - Chief Financial OfficerKenneth Rogozinski - Chief Executive OfficerMatthew Erdner - DirectorChris Muller - Director - Equity Research Conference Call Participants Jason Stewart - Director & Equity Research Analyst Operator and welcome to First Quarter twenty twenty five Earnings Call for Greystone Housing Impact Investors. At this time, all participants are in a listen only mode. A q ...
深圳市引导基金等成立赛米产业私募基金,出资额36亿
news flash· 2025-05-06 02:49
天眼查App显示,近日,深圳市赛米产业私募股权投资基金合伙企业(有限合伙)成立,执行事务合伙人 为深圳市福田红土股权投资基金管理有限公司,出资额36亿人民币,经营范围包括以私募基金从事股权 投资、投资管理、资产管理等活动。合伙人信息显示,该基金由深圳市引导基金投资有限公司、深圳市 龙岗区引导基金投资有限公司、深圳市福田红土股权投资基金管理有限公司、深圳市重投资本管理有限 公司共同出资。(36氪) ...
Rand Capital(RAND) - 2025 Q1 - Earnings Call Transcript
2025-05-05 17:30
Financial Data and Key Metrics Changes - Total investment income for Q1 2025 was $2,000,000, a slight decline of $59,000 or 3% from the prior year period, primarily due to lower dividend income and an 8% reduction in interest income [18] - Net investment income increased by 45% year over year to $1,200,000 or $0.42 per share, compared to $840,000 or $0.33 per share in Q1 2024 [21] - Net asset value per share decreased to $21.99 from $25.31 at year-end 2024, reflecting the dilutive impact from the issuance of additional shares [22] Business Line Data and Key Metrics Changes - The portfolio stood at a fair value of approximately $62,000,000 across 19 businesses, a decline from year-end 2024, primarily due to loan repayments from three portfolio companies [10] - Debt investments now represent 72% of the portfolio, up from prior years, supporting greater earnings stability [11] - The annualized weighted average yield on debt investments was 12.2%, down from prior quarters due to one debt investment being on nonaccrual status [11] Market Data and Key Metrics Changes - The number of portfolio companies contributing to investment income decreased to 18 from 24 in the same period last year [18] - Exposure to professional services decreased from 48% to 45%, and manufacturing declined from 13% to 8%, while consumer products grew as a share of the portfolio [14] Company Strategy and Development Direction - The company aims to maintain a strong financial position and has repaid $600,000 of its revolver debt, ending the quarter with nearly $5,000,000 in cash and over $22,000,000 in available credit capacity [6] - The focus remains on disciplined execution, proactive portfolio oversight, and building sustainable shareholder value [7] - The investment strategy prioritizes structures where subordinated debt provides a yield-based return while capturing potential upside through equity participation [12] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing macroeconomic and political uncertainty affecting new investment opportunities but remains optimistic about capitalizing on conditions as they improve [6][27] - The company is committed to driving NAV growth and total returns through active portfolio oversight and sound financial management [28] Other Important Information - The company declared a regular quarterly cash dividend of $0.29 per share, payable on or about June 13, 2025 [23] - The Board of Directors renewed the share repurchase program, authorizing the repurchase of up to 1,500,000 shares [24] Q&A Session Summary - No specific questions or answers were documented in the provided content, thus this section is not applicable.