Nb Private Equity Partners Share Discussion Threads

[speedsgh] 18/12/2023 15:48

NBPE Announces November 2023 NAV Estimate -

Highlights (30 November 2023)

~ NAV per share of $27.70 (£21.88), an increase of 2.3% during the month
~ Monthly NAV driven by an increase in the value of quoted holdings, positive foreign exchange movements and the receipt of additional Q3 private valuation information
~ Year to date constant currency private valuations are up 5.5%
~ Realisation activity year to date of $118 million of proceeds received and a further $87 million expected from announced but not yet closed transactions1
~ Full or partial sales year to date have achieved a 2.3x gross multiple of capital and were at a 16% uplift2; $22 million realised from quoted holdings year to date
~ $324 million of available liquidity at 30 November 2023 (excluding cash expected to be received from exits that have been announced but not yet closed)

[speedsgh] 05/12/2023 15:22

James Carthew: Co-investments give NBPE pick of private equity pie -

[speedsgh] 23/11/2023 12:42

NBPE Announces October 2023 NAV Estimate -

Highlights (31 October 2023)

~ NAV per share of $27.07 (£22.31), a decline of 0.3% during the month
~ Monthly NAV driven by a 1.7% uplift on a constant currency basis attributable to the receipt of Q3 private valuation information; this was offset by a decline in value of quoted holdings and negative foreign exchange movements
~ Year to date constant currency private valuations are up 5.6%
~ Total realisations year to date of $110 million and a further $44 million expected from announced but not yet closed transactions1
~ Full or partial sales year to date have achieved a 2.0x gross multiple of capital and were at a 13% uplift2; $21 million realised from quoted holdings year to date, which are now 7% of the portfolio fair value
~ $317 million of available liquidity at 31 October 2023 (excluding cash expected to be received from exits that have been announced but not yet closed)

[ali47fish] 21/9/2023 19:24

except the share price movement is unperedictable- difficult tp know when to add

[joey52] 21/9/2023 16:04

Decent rise in the last month from £14.62 to £16.98.

[vacendak] 03/9/2023 08:56

Got it paid before end of August on EQi too.

[joey52] 02/9/2023 19:46

AJ Bell paid Thursday

[nexusltd] 02/9/2023 18:53

ii credited my account on Thursday.

[tag57] 02/9/2023 16:58

Not in my HL account either.

[campervan1] 02/9/2023 16:35

Anyone got their divi? Not yet appeared in my HL SIPP.

[badtime] 24/8/2023 13:36

....and back up to where we were lol

[vacendak] 23/8/2023 06:45

Just got the email about the NAV update, results are behind benchmark on YTD. Maybe linked to that?
Planning on topping up after payday this month anyway.

[badtime] 22/8/2023 18:45

Unusual to see it lose 3% in one day

[spangle93] 11/7/2023 16:04

Yeah, I nearly wrote that. But I'd like to load up more on NBPE and other PE trusts, and the bigger the discount/drop, the greater the margin of safety/confidence

[rik shaw] 11/7/2023 14:05

Preferably one way and not the other...

[spangle93] 11/7/2023 13:32

Bah, I was so close to buying more at 1500 yesterday, now it's up again - wish this would go one way or the other!!

[vacendak] 13/6/2023 07:05

Still being battered by the interest rate environment I guess.
It is also still very cheap compared to what "it should be worth". Therefore still adding at the moment. The yield is attractive, especially for those convinced that the share price will eventually bounce back up.

[ali47fish] 13/6/2023 06:56

nav monthly update again very confusing in the rns

[ali47fish] 25/5/2023 09:55

i really get lost with kepler's notes the lateast dated 24 may is here if anyone could comment that would be great!

hxxps://www.trustintelligence.co.uk/investor/articles/fund-research-investor-nb-private-equity-partners-retail-may-2023

[rik shaw] 25/4/2023 06:58

Interesting buyback programme:
'in October 2022, NBPE entered into an agreement with Jefferies, which allows them, in their sole discretion, to repurchase NBPE shares based on certain criteria. To date, no shares have been repurchased and the Company will be renewing its agreement with Jefferies, including updating the relevant repurchase criteria.'

I wonder what fee Jefferies take for doing nothing !

[ali47fish] 13/4/2023 13:01

up today - any knowledgeable investors here to comment on the general outlook in private equity and specifically on nbpe!

[essentialinvestor] 30/3/2023 16:28

Keep in mind Marshalls will have contributed £30 million plus on pre tax?, So that £800,000 loss may be uglier than it looks. I just don't see how the model works.

Not being wise after the event here, mentioned it on this board nearly 2 years ago.

I would very much hope constellation is an outlier in their portfolio.

[toffeeman] 30/3/2023 16:02

Constellation own we buy any car and cinch - given what has happened to Cazoo, I find it hard to believe it is still worth $57m

[essentialinvestor] 30/3/2023 15:48

Speaking of Constellation automotive, the business lost £800,000 last year,
I'm guessing that valuation may have some downside scope!.

That's why you need to be a little careful in this area as during the height of ZIRP
many loss making businesses were valued at $billions, some of which may end up
worth very considerably less.

Made Plc is a UK example of this, from a £1 billion market cap at one point, to zero.