NB Private Equity Partners Limited Nb Private Equity: Publication Of Neuberger Berman's Private Markets Esg Report And Esg In...
06 August 2020 - 4:00PM
UK Regulatory
TIDMNBPE
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE
UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS
NBPE Announces Publication of Neuberger Berman's Private Markets ESG
Report and ESG Insights
6 August 2020
NB Private Equity Partners Limited ("NBPE" or the "Company"), a
closed-end private equity investment company, today announces the
publication of Neuberger Berman's (the parent company of the Investment
Manager) inaugural NB Private Markets Environmental, Social and
Governance ("ESG") Report which highlights Neuberger Berman's commitment
to ESG regarding its private markets investment platform. In addition,
Neuberger Berman has published an ESG insight piece, which focuses on
ESG investing in private markets for the long term.
Although not specific to NBPE, the inaugural ESG Report is an important
overview of how ESG is integrated into investment practices in NB
Private Markets. It includes case studies that highlight the Manager's
proprietary approach to incorporating ESG in the investment process as
it relates to: direct investments (co-investment and private debt), as
well as primary fund and secondary investments (the latter two are not
directly relevant to NBPE's portfolio). Finally, the ESG Report
discusses Neuberger Berman's commitment to important topics such as
climate and diversity to give a complete understanding of the Manager's
platform.
The ESG Report is attached and available on NBPE's website at
https://www.globenewswire.com/Tracker?data=8RxLtNcPvQyZGSeO5hVO29gyw3dpK8jTIWYKp9YHTbkuwg85RFAao9HxtCSHAasYAERAYiTvrrdNj_EeznQu9-laSWokp8zfi4nW53P__ppSYBdKqtWO7VJJF-4b2mnz
www.nbprivateequitypartners.com.
For further information, please contact:
NBPE Investor Relations +1 214 647 9593
Kaso Legg Communications +44 (0)20 3603 2803
Charles Gorman
https://www.globenewswire.com/Tracker?data=PRFuVRu-_7tLpWd3ZOCIqEJi-23S5wkQQ4laDZlM-D_y2gc4UTFND3h9_kS8VACjgwiczr3i1AINIzOnPOAbTQPCbgiM287Gpa_XIh6gAEyqbXhQOXadlJTgj4yESqFa
nbpe@kl-communications.com
About NB Private Equity Partners Limited
NBPE invests in direct private equity investments alongside market
leading private equity firms globally. NB Alternatives Advisers LLC (the
"Investment Manager"), an indirect wholly owned subsidiary of Neuberger
Berman Group LLC, is responsible for sourcing, execution and management
of NBPE. The vast majority of direct investments are made with no
management fee / no carried interest payable to third-party GPs,
offering greater fee efficiency than other listed private equity
companies. NBPE seeks capital appreciation through growth in net asset
value over time while paying a bi-annual dividend.
LEI number: 213800UJH93NH8IOFQ77
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent,
employee-owned investment manager. The firm manages a range of
strategies--including equity, fixed income, quantitative and multi-asset
class, private equity, real estate and hedge funds--on behalf of
institutions, advisors and individual investors globally. With offices
in 24 countries, Neuberger Berman's diverse team has 2,300
professionals. For six consecutive years, the company has been named
first or second in Pensions & Investments Best Places to Work in Money
Management survey (among those with 1,000 employees or more). The firm
was awarded an A+ in every category in the latest 2019 PRI report for
our approach to ESG integration across asset classes. The firm manages
$357 billion in client assets as of June 30, 2020. For more information,
please visit our website at www.nb.com.
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. 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.
Attachments
-- ESG in Private Markets_ Investing for the Long Term
https://ml-eu.globenewswire.com/Resource/Download/6a321a9d-a823-4cd7-9748-e1ace157eac7
-- NB Private Markets ESG Report 2019 (GLOBAL)
https://ml-eu.globenewswire.com/Resource/Download/b818443e-56a9-44af-97e1-05cf9dcd90f7
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August 06, 2020 02:00 ET (06:00 GMT)
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