24 April 2017
NB PRIVATE EQUITY PARTNERS LIMITED
BOARD CHANGES
The Board of NB Private Equity Partners Limited ("NBPE" or the "Company") is pleased to announce the appointment of Ms Trudi Clark as a non-executive director of the Company with immediate effect. Ms Clark will replace Chris Sherwell who has resigned today from the Board in accordance with the Proposals outlined in the Company's Circular dated 28 March 2017.
Ms Clark, a Chartered Accountant has over 30 year experience in the finance industry. Having spent 10 years in public practice, she moved to Schroders in the Channel Islands in 1995 where she became Banking Director in 2000 and CEO in 2003. In recent years she has returned to public practice specialising in corporate restructuring services. Ms Clark also has several Non-Executive Director appointments for companies both listed and non-listed investing in property, private equity and other assets.
Talmai Morgan, Chairman of the Company, said: "The Board of NB Private Equity Partners is delighted that Ms Clark has agreed to become a director of the Company. Ms Clark brings a wealth of financial, banking and private equity knowledge and will be a valuable addition to the Board. We would also like to place on record our thanks to Chris Sherwell, a director of NBPE since inception in 2007, for his hard work and dedication to the Company over the last ten years."
Ms Clark holds, or has held within the five years prior to the date of this announcement, the following directorships and partnerships of publicly quoted companies:
| Current directorships / Partnerships- Publicly Quoted | Past directorships / Partnerships - Publicly Quoted |
| F & C Commercial Property Trust Limited River and Mercantile UK Micro Cap Investment Company Limited Sapphire (PCC) Limited - Sapphire IV Cell | None |
There is no information concerning Ms Clark which is required to be disclosed pursuant to Listing Rule 9.6.13 R (2) to (6) inclusive.
Note: Unless otherwise indicated, capitalised terms used in this announcement shall have the meanings given to them in the Circular.
For further information, please contact:
NBPE Investor Relations +1 214 647 9593
Jefferies International Limited +44 207 029 8000 Stuart Klein
Heritage International Fund Managers Limited +44 1481 716000 Dwayne Mahrer James Christie
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 Segment of the Main Market of the London Stock Exchange. NBPE has ZDP shares admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange and the Official List of The International Stock Exchange. NBPE holds a diversified portfolio of direct income investments, direct equity 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.
NBPE is established as a non-cellular company limited by shares incorporated in the Island of Guernsey. NBPE is authorised by the Guernsey Financial Services Commission as an authorised closed-ended investment scheme under section 8 of the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended, and the Authorised Closed-Ended Investment Schemes Rules 2008. 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).
ABOUT NEUBERGER BERMAN Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 19 countries, Neuberger Berman's team is approximately 2,000 professionals and the company was named by Pensions & Investments as a Best Place to Work in Money Management for three consecutive years. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $255 billion in client assets as of December 31, 2016. For more information, please visit our website at www.nb.com.
