NB Private Equity Partners Reports Significant Share Buyback
Details of NB Private Equity Partners’ Share Buyback
NB Private Equity Partners (“NBPE” or the “Company”) has recently announced a buyback of Class A Shares, demonstrating their commitment to shareholder value. This transaction aligns with the general authority granted by the shareholders of the Company, showcasing proactive financial management and strategic decision-making.
Share Buyback Execution
The share buyback was executed in adherence to an agreement with Jefferies International Limited, ensuring transparency and compliance with market standards. On 19 May 2025, a total of 3,000 Class A Shares were repurchased, affirming the Company’s intent to bolster investors' confidence through visible actions.
Transaction Highlights
During this operation, the shares were acquired at a price range of £14.60 as the highest price and £14.34 as the lowest price. This strategic purchase not only reflects the Company’s financial health but also serves to stabilize the market standing of NB Private Equity Partners.
Impact of Share Cancellation
Post-cancellation of these shares, the number of outstanding Class A Shares will stand at 45,564,347. Importantly, NB Private Equity Partners holds an additional 3,150,408 Class A shares in treasury, further strengthening its capital structure.
Understanding the Market Position
From a market perspective, when determining voting rights under the FCA's Disclosure Guidance and Transparency Rules, the prevailing number of voting rights is essential. For NB Private Equity Partners, the reported figure to consider is 45,564,347 voting rights. This clarity is vital for investors and stakeholders who are monitoring their position in the Company.
Company Contact Information
For those seeking further information, NBPE's investor relations team is readily available. You can reach out to them at +44 20 3214 9002 or connect with Luke Mason via email at NBPrivateMarketsIR@nb.com. Additionally, insights can be obtained from Kaso Legg Communications at +44 (0)20 3882 6644 or email nbpe@kl-communications.com.
About NB Private Equity Partners Limited
NB Private Equity Partners Limited distinguishes itself by investing in direct private equity alongside established market leaders worldwide. Managed by NB Alternatives Advisers LLC, an indirect wholly owned subsidiary of Neuberger Berman Group LLC, the Company prioritizes fee efficiency by not incurring management fees or carried interest payable to third-party general partners.
NBPE aims to achieve capital appreciation through sustained growth in net asset value and provides a bi-annual dividend to its shareholders, illustrating its dedication to consistent returns.
About Neuberger Berman
Founded in 1939, Neuberger Berman is an employee-owned, independent investment manager celebrated for its robust asset portfolio that includes equities, fixed income, private equity, real estate, and hedge funds. With approximately $515 billion in assets under management and over 2,800 employees across 26 countries, Neuberger Berman is recognized for its active management and engaged ownership strategy.
The firm has earned accolades, including top rankings in work culture within the money management sector, reflecting its commitment to employee satisfaction and excellence in service delivery. More information can be accessed through their website, showcasing data as of March 31, 2025.
Frequently Asked Questions
What is the purpose of NBPE's share buyback?
The share buyback aims to enhance shareholder value and improve the capital structure of the Company.
How many Class A Shares were repurchased?
A total of 3,000 Class A Shares were repurchased as part of the transaction.
What will happen to the repurchased shares?
All repurchased Class A Shares will be cancelled, leading to a reduction in the outstanding shares.
Who can I contact for more information about NBPE?
You can contact NBPE's investor relations team at +44 20 3214 9002 or via email at NBPrivateMarketsIR@nb.com.
What is NB Private Equity Partners’ investment strategy?
NB Private Equity Partners invests in direct private equity alongside leading firms without incurring management fees or carried interest, focusing on capital appreciation and dividend distribution.
About The Author
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