NBPE Nb Private Equity Partners Limited

 
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 
 
                  Expiration of Liquidity Enhancement Contract 
 
30 June 2011 
 
NB Private Equity Partners Limited ("NBPE" or the "Company") today announced the 
expiration of its liquidity enhancement contract with The Royal Bank of Scotland 
N.V. (the "Contract"). The Contract was suspended previously in October 2010 
when the Company launched a share buy-back programme (the "Programme") with the 
objective of implementing NBPE's capital return policy.  The Programme will 
remain in force until 31 August 2011. 
 
Under the terms of the Programme, NBPE appointed The Royal Bank of Scotland N.V. 
(London Branch) ("RBS") to manage the Programme and authorised RBS to effect on- 
market repurchases of class A ordinary shares ("Shares") on behalf of the 
Company on Euronext Amsterdam and/or the Specialist Fund Market of the London 
Stock Exchange plc. Upon the expiration of the Programme at the end of August, 
the Company intends to enter into a new liquidity enhancement contract and/or 
share buy-back programme at the discretion of NBPE's directors. 
 
From the inception of the original liquidity enhancement contract in July 2008 
through to 21 October 2010, NBPE repurchased an aggregate 3,150,408 Shares under 
the Contract. From the inception of the Programme on 22 October 2010 through to 
28 June 2011, NBPE repurchased an aggregate 826,577 Shares under the Programme. 
The aggregate repurchases of 3,976,985 Shares represent 7.3% of the Shares 
issued by NBPE in its initial global offering. 
 
NBPE will continue to make daily notifications as necessary in relation to the 
repurchase of Shares. In addition, NBPE will continue to provide regular updates 
regarding Share repurchases in each Monthly Report, which shall be available on 
its website at www.nbprivateequitypartners.com/default.aspx. 
 
 
For further information, please contact: 
 
 NBPE Investor Relations   +1 214 647 9593 
 
 
 
 Financial Dynamics        +44 20 7269 7237 
 
 Edward Berry 
 
 Neil Doyle 
 
 Laura Pope 
 
 
 
About NB Private Equity Partners Limited 
 
NBPE is a closed-end private equity 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. 
 
About Neuberger Berman 
 
Neuberger Berman Group LLC is one of the world's leading independent, employee- 
controlled asset management companies. As of 31 March 2011, assets under 
management were approximately $199 billion. Established in 1939, Neuberger 
Berman provides a broad range of global investment solutions - equity, fixed 
income, and alternatives - to institutions and individuals through customized 
separately managed accounts, mutual funds and alternative investment products. 
For more information please visit Neuberger Berman's website at www.nb.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. 
 
RBS is acting for NBPE and no one else in connection with the repurchase and 
sale out of treasury of the Shares and will not be responsible to anyone other 
than NBPE for providing the protections afforded to clients of RBS or for 
providing advice in relation to such repurchases or sales, or to the matters 
referred to in this announcement. 
 
 
 
 
 
 
NBPE Liquidity Enhancement Contract 300611: 
http://hugin.info/137843/R/1527525/463244.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. 
 
Source: NB Private Equity Partners Limited via Thomson Reuters ONE 
 
[HUG#1527525] 
 

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