NB Private Equity Partners Monthly Net Asset Value Update for
November 2009 - Investor Conference Ca
(Thomson Reuters ONE) - 9 December 2009NB Private Equity Partners Limited ("NBPE" or "the Company"), aclosed-end private equity fund of funds investment company, todayannounced an updated Net Asset Value ("NAV"). In order to discuss theCompany's recent announcements and financial performance, NBPE willhost an investor conference call at 15.30 CET / 14.30 GMT / 9.30amEST on Wednesday, 16 December 2009.Monthly NAV UpdateAs of 30 November 2009, NBPE's unaudited NAV per share was $8.99,representing an increase of 2.5% compared to the unaudited NAV pershare of $8.78 at 31 October 2009.The value of NBPE's private equity portfolio as presented in theNovember 2009 monthly report was based on the following information: * 20% of the private equity fair value was held in credit-related fund investments that were re-valued as of 30 November 2009 * 8% of the private equity fair value was held in publicly traded securities that were re-valued as of 30 November 2009 * 57% of the private equity fair value was held in private equity funds using valuation information through 30 September 2009 * 15% of the private equity fair value was held in private co-investments using valuation information through 30 September 2009 * Less than 1% of the private equity fair value was held in private equity funds using valuation information through 30 June 2009During November, NBPE's portfolio value increased due to $2.0 millionof unrealized gains on credit-related fund investments, $1.1 millionof unrealized gains related to public equity securities and $0.5million of positive foreign exchange adjustments. In addition, netunrealized gains of $7.8 million were attributable to the receipt ofQ3 2009 valuation information for certain fund investments.NBPE expects to continue to provide regular NAV updates within sevenbusiness days of each month's end.A breakdown of NBPE's NAV can be obtained in the November 2009monthly report, which is published on the Company's website atwww.nbprivateequitypartners.com. The monthly report should be readin conjunction with this announcement.Investor Conference CallThe investor conference call will be held at 15.30 CET / 14.30 GMT /9.30am EST on Wednesday, 16 December 2009. The call can be accessedby dialing +1-866-919-8155 (U.S.) or +1-706-634-9866 (International)with the access code 46267672. Please ask for "the NBPE investorcall."A playback facility will be available two hours after the conferencecall. This facility can be accessed by dialing +1-800-642-1687 (U.S.)or +1-706-645-9291 (International). The code to access the recordingis 46267672.An investor presentation will be published on the Company's websiteprior to the conference call on 16 December 2009.For further information, please contact:NBPE Investor Relations +1 214 647 9593Financial Dynamics +44 20 7269 7114Rob 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.---END OF MESSAGE---http://hugin.info/137843/R/1360253/331898.pdfhttp://hugin.info/137843/R/1360253/331899.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 09.12.2009 - 18:13 Uhr
Sprache: Deutsch
News-ID 9459
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