We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nb Private Equity Partners Limited | LSE:NBPE | London | Ordinary Share | GG00B1ZBD492 | ORD USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1,646.00 | 1,620.00 | 1,646.00 | 1,646.00 | 1,644.00 | 1,644.00 | 56,163 | 16:35:08 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 55.72M | -108.95M | -2.3419 | -8.97 | 976.94M |
19 January 2017
NB Private Equity Partners Limited ("NBPE" or the "Company"), a closed-end private equity investment company, today announced an updated Net Asset Value ("NAV") for the month ended 31 December 2016.
Key Highlights
Month | 31 Dec 16 Year Ended | |
Total return NAV development per Share[1] | 0.7% | 11.4% |
NAV development per Share | 0.7% | 7.5% |
Portfolio Valuation
The value of NBPE's private equity portfolio as of 31 December 2016 was based on the following information[2]:
Portfolio Commentary
During December, NBPE completed one new investment in Velocidi, a marketing intelligence company, and one follow-on investment in a financial services company.
Distribution activity was strong during the month, with NBPE receiving total distributions of $41.5 million. This was driven by $30.6 million in distributions from income investments, of which $27.4 million was received as a result of five exits. The remaining distributions consisted of interest and principal payments. NBPE received $6.7 million from direct equity investments during the month, consisting primarily of proceeds received from the sale of Revspring. NBPE also received final exit proceeds from secondary sales of public shares of Commscope and partial exit proceeds from the sale of public shares of Fairmount Minerals and Univar. Fund investments distributed $4.2 million to NBPE during December. Two notable portfolio events that are not included in December's distribution activity are the equity proceeds from the previously announced sale of Deltek, and the announced sale of Capsugel to Lonza, which is expected to close in the coming months. As a result, NBPE increased its carrying value of the investment during the month.
For further information, please contact:
NBPE Investor Relations +1 214 647 9593
Neustria Partners +44 20 3021 2580
Nick Henderson Nick.Henderson@neustriapartners.com
Robert Bailhache Robert.Bailhache@neustriapartners.com
Charles Gorman Charles.Gorman@neustriapartners.com
ABOUT NB PRIVATE EQUITY PARTNERS LIMITED
NBPE is a closed-end private equity investment company with class A ordinary shares admitted to trading on Euronext Amsterdam and the Specialist Fund Segment of the London Stock Exchange. NBPE has 2017 ZDP shares admitted to trading on the Specialist Fund Segment of the London Stock Exchange and the Daily Official List of The Channel Islands Securities Exchange Authority Limited and 2022 ZDP Shares admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange. NBPE holds a diversified portfolio of direct equity investments, direct income investments and fund investments selected by the NB Alternatives group of Neuberger Berman, diversified across private equity asset class, geography, industry, vintage year, and sponsor.
ABOUT NEUBERGER BERMAN
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 19 countries, Neuberger Berman's team is more than 1,900 professionals and the company has been named by Pensions & Investments as a Best Place to Work in Money Management for four consecutive years. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $255 billion in client assets as of December 31, 2016. For more information, please visit our website at www.nb.com.
[1] Assumes reinvestment of dividends on the ex-dividend date and reflects cumulative returns over time period shown.
[2] Please refer to the valuation methodology section of the monthly report for a description of the Manager's valuation policy. While some valuation data is as of 30 September 2016, the Manager's analysis and historical experience lead the Manager to believe that this approximates fair value at 31 December 2016.
1 Year Nb Private Equity Partners Chart |
1 Month Nb Private Equity Partners Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions