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NBPE Announces Financial Results for the Period Ending 30 June 2009 -
Investor Conference Call Sched

ID: 1003599
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(Thomson Reuters ONE) - 26 August 2009NB Private Equity Partners Limited ("NBPE" or "the Company") todayreleased its Interim Report and unaudited financial statements forthe period ending 30 June 2009. NBPE will host an investorconference call on 10 September 2009 in order to discuss theCompany's recent performance.As of 30 June 2009, NBPE's unaudited net asset value ("NAV") pershare increased to $8.35. This represents an increase of 7.2%compared to the unaudited NAV per share of $7.79 at 31 March 2009 andan increase of 1.9% compared to the audited NAV per share of $8.20 at31 December 2008.During the second quarter of 2009, NBPE's private equity investmentportfolio had net realized gains of $1.6 million. The portfolio alsoexperienced net unrealized gains of $20.6 million associated withcredit-related fund investments and public equity securities and netunrealized gains of $8.6 million related to privately heldinvestments. Interest and dividend income, foreign exchangetranslation, operating expenses and treasury stock adjustments in thesecond quarter resulted in a $2.9 million decrease in net assetvalue.The fair value of NBPE's private equity portfolio as presented in theInterim Report was based on the following information: * 50% of the private equity fair value was held in private equity funds using valuation information through 30 June 2009 * 17% of the private equity fair value was held in credit related fund investments that were re-valued as of 30 June 2009 * 16% of the private equity fair value was held in private co-investments using valuation information through 30 June 2009 * 9% of the private equity fair value was held in publicly traded securities that were re-valued as of 30 June 2009 * 8% of the private equity fair value was held in private equity funds using valuation information through 31 March 2009The Interim Report for the period ending 30 June 2009 is available onthe Company's Web site at TheInterim Report should be read in conjunction with this announcement.NBPE will host an investor conference call on 10 September 2009 at15.00 CEST / 14.00 BST / 9.00am EDT. The call can be accessed bydialing +1-866-919-8155 (U.S./Canada) or +1-706-634-9866(International) with the access code 27108964. Please ask for "theNBPE investor conference call."A playback facility will be available two hours after the conferencecall. This facility can be accessed by dialing +1-800-642-1687(U.S./Canada) or +1-706-645-9291 (International). The code to accessthe recording is 27108964.The August 2009 monthly report and an updated investor presentationwill be published on the Company's website prior to the conferencecall on 10 September 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.This 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 State of Guernsey PolicyCounsel. 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. Prospective investors are advised to seek expertlegal, financial, tax and other professional advice before making anyinvestment decision. 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.---END OF MESSAGE--- announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

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published by: hugin
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Date: 08/26/2009 - 08:02
Language: English
News-ID 1003599
Character count: 0
Firma: NB Private Equity Partners Limited
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Stadt: London


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