NBPE Nb Private Equity Partners Limited

 
TIDMNBPE 
 
10 March 2010 
 
NB Private Equity Partners Limited ("NBPE" or "the Company"), a closed-end 
private equity fund of funds investment company, today announced an updated Net 
Asset Value ("NAV"). 
 
As of 28 February 2010, the unaudited net asset value per share was $9.46, which 
represents an increase of 3.7% compared to the unaudited net asset value per 
share of $9.12 at 31 January 2010. 
 
NBPE expects to issue its fiscal year 2009 annual report and audited financial 
statements on 11 March 2010.  In addition, NBPE expects to publish an updated 
investor presentation on its website on 12 March 2010. 
 
The value of NBPE's private equity portfolio as presented in the February 2010 
monthly report was based on the following information: 
 
  * 21% of the private equity fair value was held in credit-related fund 
    investments that were re-valued as of 28 February 2010 
  * 9% of the private equity fair value was held in publicly traded securities 
    that were re-valued as of 28 February 2010 
  * 53% of the private equity fair value was held in private equity funds using 
    valuation information through 31 December 2009 
  * 17% of the private equity fair value was held in private co-investments 
    using valuation information through 31 December 2009 
  * Less than 1% of the private equity fair value was held in private equity 
    funds using valuation information through 30 September 2009 
 
During February, NBPE's portfolio value increased due to $0.6 million of 
unrealized gains on credit-related fund investments and $0.6 million of 
unrealized gains related to public equity securities. These gains in value were 
offset by $1.0 million of negative foreign exchange adjustments.  In addition, 
net unrealized gains of $10.5 million were attributable to the receipt of Q4 
2009 valuation information for certain fund investments and private 
co-investments. 
 
NBPE expects to continue to provide regular NAV updates within seven business 
days of each month's end. 
 
A breakdown of NBPE's NAV can be obtained in the February 2010 monthly report, 
which is published on the Company's website at www.nbprivateequitypartners.com 
<http://www.nbprivateequitypartners.com/>.  The monthly report should be read in 
conjunction with this announcement. 
 
 
For further information, please contact: 
 
 
  NBPE Investor Relations   +1 214 647 9593 
 
 
 
  Financial Dynamics        +44 20 7269 7114 
 
  Rob Bailhache 
 
  Nick Henderson 
 
 
 
About NB Private Equity Partners Limited 
NBPE is a closed-end private equity fund of funds investment company with Class 
A ordinary shares admitted to trading on Euronext Amsterdam and the Specialist 
Fund Market of the London Stock Exchange. NBPE has ZDP shares admitted to 
trading on the Specialist Fund Market of the London Stock Exchange and the Daily 
Official List of the Channel Islands Stock Exchange. NBPE holds a diversified 
portfolio of private equity fund investments and direct co-investments selected 
by the NB Alternatives group of Neuberger Berman, diversified across private 
equity asset class, geography, industry, vintage year and sponsor. 
 
www.nbprivateequitypartners.com <http://www.nbprivateequitypartners.com/> 
 
This press release appears as a matter of record only and does not constitute an 
offer to sell or a solicitation of an offer to purchase any security. 
 
NBPE is established as a closed-end investment company domiciled in Guernsey. 
NBPE has received the necessary consent of the Guernsey Financial Services 
Commission and the States of Guernsey Policy Council.  NBPE is registered with 
the Dutch Authority for the Financial Markets as a collective investment scheme 
which may offer participations in The Netherlands pursuant to article 2:66 of 
the Financial Markets Supervision Act (Wet op het financial toezicht). All 
investments are subject to risk. Past performance is no guarantee of future 
returns. The value of investments may fluctuate. Results achieved in the past 
are no guarantee of future results. This document is not intended to constitute 
legal, tax or accounting advice or investment recommendations. Prospective 
investors are advised to seek expert legal, financial, tax and other 
professional advice before making any investment decision. Statements contained 
in this document that are not historical facts are based on current 
expectations, estimates, projections, opinions and beliefs of NBPE's investment 
manager. Such statements involve known and unknown risks, uncertainties and 
other factors, and undue reliance should not be placed thereon. Additionally, 
this document contains "forward-looking statements." Actual events or results or 
the actual performance of NBPE may differ materially from those reflected or 
contemplated in such targets or forward-looking statements. 
 
 
 
 
[HUG#1392343] 
 
 
 
 
 
    NBPE Monthly Report - February 2010: http://hugin.info/137843/R/1392343/349969.pdf 
    NBPE Monthly NAV Update for February 2010: http://hugin.info/137843/R/1392343/349968.pdf 
 

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