NBPE Nb Private Equity Partners Limited

 
TIDMNBPE 
 
 
   10 December 2013 
 
   NB Private Equity Partners Limited ("NBPE" or "the Company"), a 
closed-end private equity investment company, today announced an updated 
Net Asset Value ("NAV"). 
 
 
 
   Key Highlights 
 
 
 
 
                        31 October 2013 
                           Restated         30 November 2013   % Change in NAV 
Unaudited estimated 
 NAV per share                     $12.34              $12.49             1.2% 
Unaudited Total 
 Return per share*                 $12.75              $12.90             1.2% 
 
                             Year to Date  Last Twelve Months 
NAV per share % 
 change                              5.8%               10.0% 
Total Return per 
 share % change*                     9.2%               13.6% 
 
 
 
 
   * Including the cumulative dividends paid in 2013 of $0.41 per share 
 
   NBPE's NAV increased by $7.5 million during November, including: 
 
 
   --  $6.1 million of unrealized gains attributable to the receipt of new 
      valuation information 
 
   -- $1.4 million of accrued cash and PIK interest from the direct yielding 
      portfolio 
 
   -- $1.3 million of unrealized gains on public securities 
 
   -- $0.5 million of unrealized gains on credit-related fund investments 
 
   -- $0.3 million of positive foreign exchange adjustments 
 
   -- $2.0 million of negative other realized losses, offset by other 
      investment income 
 
 
   There were no shares repurchased during the month of November. 
 
   Portfolio Valuation 
 
   The value of NBPE's private equity portfolio as presented in the 
November 2013 monthly report was based on the following information: 
 
 
   -- 42% of the private equity fair value was valued as of 30 November 2013 
 
 
 
 
   - 27% in private direct/co-investments based on 30 November 2013 
valuation information 
 
   - 8% in credit-related fund investments 
 
   - 7% in public securities 
 
 
   --  1% of the private equity fair value in a private direct/co-investment 
      was valued as of 31 October 2013 
 
   --  57% of the private equity fair value was valued as of 30 September 2013 
 
 
   - 35% in fund investments based on Q3 2013 valuation information 
 
   - 22% in private direct/co-investments based on Q3 2013 valuation 
information 
 
 
 
   Please refer to the valuation methodology section of the monthly report 
for a description of our valuation policy. While some valuation data is 
as of 30 September 2013 and 31 October 2013, our analysis and historical 
experience lead us to believe that this approximates fair value at 30 
November 2013. 
 
   During the month of November, NBPE's aggregate trading volume on 
Euronext Amsterdam, the London Stock Exchange, and over-the-counter 
trading platforms was 2,309,385 shares, which represents an average 
daily trading volume of approximately 109,971 shares. The trading volume 
in November included approximately 740,503 shares traded 
over-the-counter and not reported on Euronext Amsterdam or the London 
Stock Exchange. 
 
   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 November 2013 monthly report, which is published on 
NBPE's website at 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 
 
 
 
   FTI Consulting +44 20 7269 7297/7243 
 
   Edward Berry 
 
   Laura Ewart 
 
 
 
   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 direct yielding 
investments, co-investments and fund 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 is a private, independent, employee-controlled 
investment manager. It partners with institutions, advisors and 
individuals throughout the world to customize solutions that address 
their needs for income, growth and capital preservation. With more than 
1,900 professionals focused exclusively on asset management, it offers 
an investment culture of independent thinking. Founded in 1939, the 
company provides solutions across equities, fixed income, hedge funds 
and private equity, and had $227 billion in assets under management as 
of 30 September 2013. For more information, please visit our website at 
www.nb.com. 
 
 
 
   NBPE November 2013 Monthly: 
http://hugin.info/137843/R/1748976/589179.pdf 
   NBPE Announces Monthly NAV Update for November 2013: 
http://hugin.info/137843/R/1748976/589178.pdf 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: NB Private Equity Partners Limited via Globenewswire 
 
   HUG#1748976 
 
 
  http://www.nbprivateequitypartners.com 
 

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