Nb Private Equity Partners Share Discussion Threads

[jaws6] 22/1/2013 08:26

skyship
Tks for new thread.Is that around £5.30 to 5.40 at today's price.

[skyship] 22/1/2013 07:57

As suggested yesterday in the Header - NBPE are starting to pay a regular dividend - 3.5% of MAV = an initial yield @ $8.33 of 4.8%.

Makes these a very clear BUY - if you can get the stock.

[skyship] 21/1/2013 12:06

NB Private Equity Partners (NBPE) is a Guernsey-domiciled, closed-end, private equity investment company with class A ordinary shares trading on Euronext Amsterdam and the Specialist Fund Market of the LSE. NBPE also has an element of gearing from Zero Dividend Preference shares (NBPZ).

NBPE holds a diversified portfolio of private equity fund investments and direct/co-investments managed by Neuberger Berman – a group with over $200bn under management (www.nb.com).

Co. website:


Nov’12 Investor Presentation:


NBPE was listed in Jul’07 and holds a tactical portfolio of direct investments and fund investments – 50% of which are from 2008 or earlier, so one might define the portfolio as mature.

The Geographical spread is: N. America 74%; Europe 23%; RoW 3%.

NBPE has used share repurchases to return capital to shareholders; and as their exposure to direct yielding investments increases (see Presentation - link above), NPBE will have the flexibility to pay regular dividends out of income. The BoD will determine the most appropriate means of returning capital to shareholders; as part of their NAV Discount Management. In 2013 they introduced dividends as a %age of NAV - see below:


22nd Jan'13 - EDIT/UPDATE: Dividend introduced at 3.5% of NAV:


Nov'21: EDISON Research:


Nov'22: KEPLER Research: