NB Private Equity Partners Limited Nb Private Equity: First 2020 Semi-Annual Dividend

 
TIDMNBPE 
 
 
   THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR 
DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE 
UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS 
 
   NB Private Equity Partners Announces First 2020 Semi-Annual Dividend 
Payment 
 
   15 January 2020 
 
   NBPE today declares its first 2020 semi-annual dividend payment of $0.29 
per Ordinary Share, to be paid on 28 February 2020. In line with its 
long term dividend policy of targeting an annualised dividend yield of 
3.0% or greater on NAV, this payment represents a yield on 30 November 
2019 estimated NAV, of 3.1%. On an annualised basis, this dividend 
payment represents a dividend yield of 3.6% based on the London Stock 
Exchange closing price of GBP12.40 ($16.19 at GBP/USD exchange rate of 
$1.306) on 13 January 2020. 
 
   While the Company declares dividends in US Dollars, Shareholders will 
receive Sterling at the prevailing rate at the time of currency 
conversion, unless an election to receive dividends in US Dollars is 
made on forms which are available on NBPE's website prior to the 
currency election date listed below. If an investor has previously 
elected to receive US Dollars, that election will be used unless 
changed. Investors may also participate in a dividend re-investment plan 
(forms for which are available on NBPE's website) if they wish to 
increase their shareholdings instead of receiving cash dividends. 
 
 
 
 
Distribution amount:                                 $0.29 cents per Share 
===================================================  ===================== 
Ex-dividend date:                                    30 January 2020 
===================================================  ===================== 
Dividend record date:                                31 January 2020 
===================================================  ===================== 
Final day for Currency Election:                     7 February 2020 
===================================================  ===================== 
Final day for Dividend Re-investment Plan Election:  14 February 2020 
===================================================  ===================== 
Payment date:                                        28 February 2020 
===================================================  ===================== 
 
 
   For more information on NBPE's dividend, please see the Company's 
website at www.nbprivateequitypartners.com. 
 
   For further information, please contact: 
 
   NBPE Investor Relations                     [phone] 
 
   Kaso Legg Communications              [phone] 
 
   Charles Gorman 
https://www.globenewswire.com/Tracker?data=U-JXcONn_2ulcJPvyFwIbhHI8CD8YliSoZ2Uuz1wPTrMZJtyS5W4v4W_NSwgIpr_OYP02kNIUfGBFb3E8Z1MrVOzIZnLsNeoSXLLce0do5HQayxGa0iTr2LhWh_ltteV 
[e-mail] 
 
   About NB Private Equity Partners Limited 
 
   NBPE invests in direct private equity investments alongside market 
leading private equity firms globally. NB Alternatives Advisers LLC (the 
"Investment Manager"), an indirect wholly owned subsidiary of Neuberger 
Berman Group LLC, is responsible for sourcing, execution and management 
of NBPE. The vast majority of direct investments are made with no 
management fee / no carried interest payable to third-party GPs, 
offering greater fee efficiency than other listed private equity 
companies. NBPE seeks capital appreciation through growth in net asset 
value over time while paying a bi-annual dividend. 
 
   LEI number: 213800UJH93NH8IOFQ77 
 
   About Neuberger Berman 
 
   Neuberger Berman, founded in 1939, is a private, independent, 
employee-owned investment manager. The firm manages a range of 
strategies--including equity, fixed income, quantitative and multi-asset 
class, private equity, real estate and hedge funds--on behalf of 
institutions, advisors and individual investors globally. With offices 
in 23 countries, Neuberger Berman's diverse team has 2,100 
professionals. For six consecutive years, the company has been named 
first or second in Pensions & Investments Best Places to Work in Money 
Management survey (among those with 1,000 employees or more). The firm 
was awarded an A+ in every category in the latest 2019 PRI report for 
our approach to ESG integration across asset classes. The firm manages 
$339 billion in client assets as of September 30, 2019. For more 
information, please visit our website at www.nb.com. 
 
 
 
 
 
 

(END) Dow Jones Newswires

January 15, 2020 02:00 ET (07:00 GMT)

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