NBPE Announces July Monthly NAV Estimate
NB Private Equity Partners (NBPE), a prominent player in the private equity landscape, has shared its latest insights regarding the monthly net asset value (NAV) estimate, reflecting both ongoing performance and strategic measures taken within the organization.
NAV Highlights for July
The monthly estimate reveals significant data points as of July's close:
- NAV per share stands at $27.54 (£20.81), incorporating a declared dividend of $0.47 per share, translating to a total return of 2.2% within the month.
- A considerable 92% of valuation metrics have been recorded as of Q2 2025 or through July's quoted holdings, demonstrating the robustness of reporting.
- Private company valuations demonstrated an uptick, showing a 2.3% increase for Q2 2025 and a 1.9% increase year-to-date, illustrating resilience in private markets.
- The total realizations have reached an impressive $71 million, complemented by $11 million in follow-on investments so far this year.
- Liquidity remains healthy with $279 million available as of the latest report.
- NBPE successfully repurchased approximately 35,000 shares in July valued around $0.7 million, benefiting NAV by a marginal increase. On a year-to-date basis, the repurchase amounts to about 824,000 shares valued at roughly $16 million, demonstrating strong capital management practice.
Investment Performance Breakdown
This month's NAV performance has been influenced by the following factors:
- A notable 2.6% ($32 million) increase in NAV attributed to updated private valuations received.
- A 0.4% ($4 million) increase correlated with changes in quoted holdings.
- However, currency fluctuations led to a 0.6% ($8 million) dip in NAV.
- Expense accruals accounted for a slight 0.2% ($3 million) decline in NAV.
Liquidity Position as of July
At the close of July, the firm has fortified its liquidity position:
- Cash and liquid investments amounting to $69 million, augmented by an undrawn credit line of $210 million.
Share Buyback Overview
This year, share repurchases have been strategically deployed for enhancing shareholder value:
- During July, around 35,000 shares were repurchased at an average discount of 27%, minimally impacting NAV positively.
- Since the start of the year, 824,000 shares have been repurchased at a 29% average discount, contributing approximately $0.11 per share to NAV.
Insights on Portfolio Valuation
The fair value of NBPE's portfolio as of July 31 has been primarily derived from robust operational metrics:
- 6% of the portfolio was appraised in July, mostly in public securities.
- A significant 86% was valued as of June 30, rooted in private direct investments, showcasing strong past performance.
- 8% was valued as of March 31, further reflecting the continuous assessment of the investments.
Company and Investor Relations Contact
For further clarifications and inquiries, investors can contact the following representatives:
NBPE Investor Relations
+44 (0) 20 3214 9002
Luke Mason
Email: NBPrivateMarketsIR@nb.com
Kaso Legg Communications
+44 (0)20 3882 6644
Charles Gorman
Email: nbpe@kl-communications.com
Luke Dampier
Charlotte Francis
Frequently Asked Questions
What is the current NAV per share for NBPE?
The current NAV per share stands at $27.54 (£20.81).
How much liquidity does NBPE have available?
As of July, NBPE has $279 million in liquidity.
What has contributed to the NAV changes this month?
NAV changes this month have stemmed from private valuations, quoted holdings adjustments, currency fluctuations, and expense accruals.
What is NBPE's approach to share repurchases?
NBPE has strategically repurchased around 824,000 shares this year to enhance shareholder value.
Who manages NBPE's investment decisions?
NBPE's investment management is overseen by NB Alternatives Advisers LLC, a subsidiary of Neuberger Berman Group LLC.
