NB Private Equity Partners Considering a Zero Dividend Preference
Share Issue
(Thomson Reuters ONE) - 28 August 2009In response to enquiries from investors, the Board of NB PrivateEquity Partners Limited ("NBPE" or the "Company") is consideringproposals for an issue of Zero Dividend Preference shares ("ZDPShares") later this year.The Board believes that a number of potentially attractive investmentopportunities, including secondary and distressed investments, areaccessible in the current market environment. A ZDP Share issuewould provide additional capital for investment which would enableNBPE to take advantage of these market opportunities.The Board believes that NBPE's current capital position is strong andthe issue of ZDP Shares would allow the Company to further enhanceits capital position as well as provide additional resources to takeadvantage of current market opportunities.The Board continues to believe that the Company's existing privateequity portfolio is well-positioned to generate attractive returnsover the long term.The Company will take further market soundings before making a finaldecision as to whether to proceed with a ZDP Share issue.For further information, please contact:NBPE Investor Relations +1 214 647 9593Oriel Securities +44 20 7710 7600Joe WinkleySapna ShahFinancial Dynamics +44 20 7269 7114Robert BailhacheNick HendersonAbout NB Private Equity Partners LimitedNBPE is a closed-end private equity fund of funds investment companyadmitted to trading on Euronext Amsterdam and the Specialist FundMarket of the London Stock Exchange. NBPE holds a diversifiedportfolio of private equity fund investments and directco-investments selected by the NB Alternatives group of NeubergerBerman, diversified across private equity asset class, geography,industry, vintage year and sponsor.www.nbprivateequitypartners.comThis press release appears as a matter of record only and does notconstitute an offer to sell or a solicitation of an offer to purchaseany security.NBPE is established as a closed-end investment company domiciled inGuernsey. NBPE has received the necessary consent of the GuernseyFinancial Services Commission and the States of Guernsey PolicyCouncil. NBPE is registered with the Dutch Authority for theFinancial Markets as a collective investment scheme which may offerparticipations in The Netherlands pursuant to article 2:66 of theFinancial Markets Supervision Act (Wet op het financial toezicht).All investments are subject to risk. Past performance is no guaranteeof future returns. The value of investments may fluctuate. Resultsachieved in the past are no guarantee of future results. Thisdocument is not intended to constitute legal, tax or accountingadvice or investment recommendations. Prospective investors areadvised to seek expert legal, financial, tax and other professionaladvice before making any investment decision. Statements contained inthis document that are not historical facts are based on currentexpectations, estimates, projections, opinions and beliefs of NBPE'sinvestment manager. Such statements involve known and unknown risks,uncertainties and other factors, and undue reliance should not beplaced thereon. Additionally, this document contains "forward-lookingstatements." Actual events or results or the actual performance ofNBPE may differ materially from those reflected or contemplated insuch targets or forward-looking statements.Oriel Securities Limited ("Oriel") is acting for NBPE and no-one elsein connection with NBPE and will not be responsible to anyone otherthan NBPE for providing the protections afforded to customers ofOriel or for providing advice in relation to NBPE.---END OF MESSAGE---http://hugin.info/137843/R/1337805/318930.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 28.08.2009 - 08:03 Uhr
Sprache: Deutsch
News-ID 5213
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