NBPE Nb Private Equity Partners Limited

 
TIDMNBPE 
 
26 August 2010 
 
NB  Private Equity Partners Limited ("NBPE" or "the Company") today released its 
Interim  Financial  Report  and  unaudited  financial  statements for the period 
ending 30 June 2010. 
 
From  31 December 2009 to 30 June 2010, NBPE's unaudited net asset value ("NAV") 
increased  by $1.8 million to  $9.50 per share.  This  represents an increase of 
0.4% compared to the audited NAV per share of $9.46 at 31 December 2009. 
 
During  the first half  of the year,  NBPE's private equity investment portfolio 
had  net  realized  losses  of  $2.8  million.  The  portfolio  experienced  net 
unrealized  gains of $8.9 million associated with privately held investments and 
$7.3 million associated with credit-related fund investments. The net unrealized 
loss for public equity securities was $2.6 million during the period. Investment 
income,  operating  expenses  (including  interest  expense),  foreign  exchange 
translation and taxes led to a $9.0 million decrease in net asset value. 
 
The  fair value of NBPE's  private equity portfolio as  presented in the Interim 
Financial Report was based on the following information: 
 
  * 66% of the private equity fair value was held in private equity funds using 
    valuation information through 30 June 2010 
  * 16% of the private equity fair value was held in private co-investments 
    using valuation information through 30 June 2010 
  * 9% of the private equity fair value was held in publicly traded securities 
    that were re-valued as of 30 June 2010 
  * 9% of the private equity fair value was held in private equity funds and 
    co-investments using valuation information through 31 March 2010 
 
 
The  Interim Financial Report for the period ending 30 June 2010 is available on 
the  Company's website at www.nbprivateequitypartners.com  and 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 
 
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#1440428] 
 
 
 
 
 
NBPE Q2 2010 Interim Financial Report: 
http://hugin.info/137843/R/1440428/384889.pdf 
 
NBPE Announces Financial Results for the Period Ending 30 June 2010: 
http://hugin.info/137843/R/1440428/384886.pdf 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
All reproduction for further distribution is prohibited. 
 
Source: NB Private Equity Partners Limited via Thomson Reuters ONE 
 

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