Key Highlights of the Share Buy-Back Activity
NB Private Equity Partners (“NBPE” or the “Company”) has taken a significant step in its strategy to enhance shareholder value by announcing a buy-back of Class A Shares. This initiative comes as part of a broader strategy directed by shareholders and is executed through an agreement with Jefferies International Limited.
Details of the Transaction
On April 28, 2025, the Company purchased 3,500 Class A Shares. This decision reflects management's commitment to returning value to shareholders while optimizing the capital structure of the firm. The shares were acquired at a price ranging from £14.26 to £14.76, indicating a consistent valuation strategy.
Impact on Outstanding Shares
Upon completion of this transaction, all Class A Shares will be cancelled. Consequently, the total number of outstanding Class A Shares will be reduced to 45,609,673. Additionally, it is noted that the Company holds 3,150,408 Class A Shares in treasury. For transaction transparency, stakeholders should refer to the revised voting rights figure of 45,609,673 when making assessments regarding their interests in the Company.
Future Prospects for Investors
With the conclusion of the share buy-back, NB Private Equity Partners is taking a more proactive approach to manage and enhance its asset base. This move is designed not only to mitigate shareholder dilution but also to align with the Company’s growth strategy and commitment to reward long-term supporters.
Company Overview and Strategic Focus
NBPE specializes in making direct private equity investments alongside leading firms around the globe. Under the stewardship of NB Alternatives Advisers LLC, an indirect wholly owned subsidiary of Neuberger Berman Group LLC, NBPE strategically selects and manages investments with an eye toward maximizing net asset value while providing bi-annual dividends to investors. This disciplined approach underscores the Company’s commitment to shareholder value and market efficiency.
About Neuberger Berman
Neuberger Berman, with a history dating back to 1939, serves as a leading independent investment manager. With a substantial workforce of over 2,800 professionals across 26 countries, the firm manages an impressive portfolio encompassing $515 billion in assets across various investment vehicles, including equities and private equity. Recognized as a top workplace in the money management sector, Neuberger Berman's investment philosophy emphasizes active management and fundamental research.
Frequently Asked Questions
What is the purpose of the share buy-back by NB Private Equity Partners?
The share buy-back initiative aims to enhance shareholder value by reducing the number of outstanding shares, which can improve earnings per share and offer a more favorable return on investment.
How many Class A Shares were purchased in this transaction?
The Company purchased 3,500 Class A Shares during this share buy-back transaction.
What is the new number of outstanding Class A Shares after the buy-back?
After cancelling the bought-back shares, the total number of outstanding Class A Shares will be 45,609,673.
Who is responsible for managing investments for NB Private Equity Partners?
Investments for NB Private Equity Partners are managed by NB Alternatives Advisers LLC, a wholly owned subsidiary of Neuberger Berman Group LLC.
What investment strategy does Neuberger Berman follow?
Neuberger Berman focuses on active management driven by fundamental research, providing diversified investment solutions across various asset classes.
