Information  X 
Enter a valid email address

NB Private Equity Partners Lim (NBPE)

  Print      Mail a friend       Annual reports

Wednesday 10 February, 2010

NB Private Equity Partners Lim

NB Private Equity Partners Monthly Net Asset Va...






10 February 2010

NB  Private  Equity  Partners  Limited  ("NBPE"  or "the Company"), a closed-end
private  equity fund of funds investment company, today announced an updated Net
Asset Value ("NAV").

As  of 31 January 2010, the unaudited net asset value per share was $9.12, which
represents  an increase  of 0.8% compared  to the  unaudited net asset value per
share of $9.04 at 31 December 2009.

The  value of NBPE's private equity portfolio  as presented in the January 2010
monthly report was based on the following information:

·  22% of  the  private  equity  fair  value  was  held  in  credit-related fund
investments that were re-valued as of 31 January 2010
·  9% of the private  equity fair value  was held in  publicly traded securities
that were revalued as of 31 January 2010
·  18% of the  private equity  fair value  was held  in private equity funds and
coinvestments using valuation information through 31 December 2009
·  51% of the  private equity  fair value  was held  in private equity funds and
coinvestments using valuation information through 30 September 2009

During  January,  NBPE's  portfolio  value  increased  due  to  $3.2  million of
unrealized  gains on credit-related fund investments.  These gains in value were
offset  by $1.1 million of unrealized losses related to public equity securities
and  $0.5  million  of  unrealized  losses  related to negative foreign exchange
adjustments. In addition, net unrealized gains of $3.4 million were attributable
to  the  receipt  of  Q4  2009 valuation  information  and other adjustments for
certain fund investments and private co-investments.

NBPE  expects to issue a  fiscal year 2009 annual report  in mid-March that will
include  audited  financial  statements  prepared  in accordance with accounting
principles  generally  accepted  in  the  United  States.  NBPE  is  required to
consider,  and will consider,  all known material  information in preparing such
financial  statements, including information that may become known subsequent to
the  issuance  of  this  monthly  report.  Accordingly,  amounts included in the
financial statements may differ from this monthly report.

NBPE  also  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 January 2010 monthly report,
which  is published on the  Company's website at www.nbprivateequitypartners.com
<

http://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



  Financial Dynamics        +44 20 7269 7114

Rob Bailhache
Nick Henderson

About NB Private Equity Partners Limited
NBPE is a closed-end private equity fund of funds investment company admitted to
trading on Euronext Amsterdam and the Specialist Fund Market of the London Stock
Exchange.  NBPE holds a diversified portfolio of private equity fund investments
and  direct coinvestments  selected by  the NB  Alternatives group  of Neuberger
Berman,  diversified  across  private  equity  asset class, geography, industry,
vintage year and sponsor.

This press release appears as a matter of record only and does not constitute an
offer to sell or a solicitation of an offer to purchase any security.

NBPE  is established as  a closed-end investment  company domiciled in Guernsey.
NBPE  has  received  the  necessary  consent  of the Guernsey Financial Services
Commission  and the States  of Guernsey Policy  Council. 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). All
investments  are subject  to risk.  Past performance  is no  guarantee of future
returns.  The value of  investments may fluctuate.  Results achieved in the past
are  no guarantee of future results. This document is not intended to constitute
legal,  tax  or  accounting  advice  or  investment recommendations. Prospective
investors   are   advised  to  seek  expert  legal,  financial,  tax  and  other
professional  advice before making any investment decision. Statements contained
in   this   document  that  are  not  historical  facts  are  based  on  current
expectations,  estimates, projections, opinions and beliefs of NBPE's investment
manager.  Such  statements  involve  known  and unknown risks, uncertainties and
other  factors, and undue  reliance should not  be placed thereon. Additionally,
this document contains "forward-looking statements." Actual events or results or
the  actual performance  of NBPE  may differ  materially from those reflected or
contemplated     in     such     targets    or    forward-looking    statements.



[HUG#1382697]





    NBPE Monthly Report - January 2010: 

http://hugin.info/137843/R/1382697/341648.pdf
    NBPE Monthly NAV Update for January 2010: 

http://hugin.info/137843/R/1382697/341647.pdf