Nbpe announces september 2023 nav estimate

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 19 october 2023 nb private equity partners (nbpe), the $1.3bn, ftse 250, listed private equity investment company managed by neuberger berman, today releases its 30 september 2023 monthly nav estimate. highlights (30 september 2023) nav per share of $27.15 (£22.24), a decline of 2.8% during the month monthly nav decline driven by changes in value of quoted holdings and negative foreign exchange adjustments in nbpe's non-usd investments realisation activity continues with the announced full sale of melissa & doug (fka undisclosed branded toy company) bringing total year to date announced cash proceeds to $148 million1 full or partial sales year to date have achieved a 2.0x gross multiple of capital and were at a 13% uplift to the value three quarters prior to the announced transaction2; $15 million realised from quoted holdings year to date, which are now 9% of the portfolio fair value $283 million of available liquidity at 30 september 2023 as of 30 september 2023 ytd 1 year 3 years 5 years 10 years nav tr (usd)* annualised (1.1%)   3.1% 3.1% 50.0% 14.5% 73.6% 11.7% 204.1% 11.8% msci world tr (usd)* annualised 11.6%   22.6% 22.6% 28.1% 8.6% 45.6% 7.8% 133.3% 8.8%             share price tr (gbp)* annualised 3.6%   7.3% 7.3% 85.1% 22.8% 71.3% 11.4% 329.7% 15.7% ftse all-share tr (gbp)* annualised 4.5%   13.8% 13.8% 39.8% 11.8% 19.7% 3.7% 71.8% 5.6% *reflects cumulative returns over the time periods shown and are not annualised.
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