• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    NBPE - May Monthly Net Asset Value Estimate

    6/27/25 2:00:00 AM ET
    $GFL
    Environmental Services
    Utilities
    Get the next $GFL alert in real time by email

    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 May Monthly NAV Estimate

    St Peter Port, Guernsey 27 June 2025

    NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 May 2025 monthly NAV estimate.

    NAV Highlights (31 May 2025)

    • NAV per share was $27.24 (£20.20), a total return of (0.2%) in the month
    • Approximately 98% of fair value based on private company valuation information as of Q1 2025 or based on 31 May 2025 quoted prices
    • Based on information received, private company valuations decreased in fair value by (0.4%) during Q1 2025 on a constant currency basis
    • $285 million of available liquidity at 31 May 2025
    • ~51k shares repurchased (~$1 million) during May 2025 at a weighted average discount of 30% which was accretive to NAV by ~$0.01 per share. Year-to-date, NBPE has repurchased ~738k shares (~$14 million) at a weighted average discount of 29% which was accretive to NAV by ~$0.11 per share



    As of 31 May 2025Year to DateOne Year3 years5 years10 years
    NAV TR (USD)*

    Annualised
    0.7%2.5%2.0%

    0.7%
    85.8%

    13.2%
    157.2%

    9.9%
    MSCI World TR (USD)*

    Annualised
    5.2%14.2%47.1%

    13.7%
    98.7%

    14.7%
    171.5%

    10.5%
          
    Share price TR (GBP)*

    Annualised
    (7.9%)(7.2%)7.9%

    2.6%
    102.0%

    15.1%
    179.4%

    10.8%
    FTSE All-Share TR (GBP)*

    Annualised
    4.1%8.6%26.8%

    9.4%
    69.0%

    11.1%
    80.7%

    6.1%

    * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

    Portfolio Update to 31 May 2025

    NAV performance during the month driven by:

    • 0.6% NAV decrease ($8 million) in the value of private holdings
    • 0.6% NAV increase ($8 million) attributable to changes in prices of quoted holdings (which now constitute 6% of portfolio fair value)
    • Immaterial impact on NAV from FX changes
    • 0.2% NAV decrease ($3 million) attributable to expense accruals

    $66 million of realisations in 2025 year to date

    • $8 million of proceeds received during the month of May



    $285 million of total liquidity at 31 May 2025

    • $75 million of cash and liquid investments with $210 million of undrawn credit line available



    2025 Share Buybacks

    • ~51k shares repurchased in May 2025 at a weighted average discount of 30%; buybacks were accretive to NAV by ~$0.01 per share
    • Year-to-date, NBPE has repurchased ~738k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.11 per share

    Portfolio Valuation

    The fair value of NBPE's portfolio as of 31 May 2025 was based on the following information:

    • 6% of the portfolio was valued as of 31 May 2025
      • 6% in public securities
    • 92% of the portfolio was valued as of 31 March 2025
      • 92% in private direct investments
    • 2% of the portfolio was valued as of 31 December 2024
      • 2% in private direct investments

    For further information, please contact:

    NBPE Investor Relations        +44 (0) 20 3214 9002

    Luke Mason        [email protected]  

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        [email protected]

    Luke Dampier

    Charlotte Francis

    Supplementary Information (as at 31 May 2025)

    Company NameVintageLead SponsorSectorFair Value ($m)% of FV
    Action20203iConsumer83.76.7%
    Osaic2019Reverence CapitalFinancial Services65.55.2%
    Solenis2021Platinum EquityIndustrials59.84.8%
    BeyondTrust2018Francisco PartnersTechnology / IT47.73.8%
    Monroe Engineering2021AEA InvestorsIndustrials44.73.6%
    Business Services Company*2017Not DisclosedBusiness Services40.63.2%
    Branded Cities Network2017Shamrock CapitalCommunications / Media37.43.0%
    True Potential2022CinvenFinancial Services34.42.7%
    Mariner2024Leonard Green & PartnersFinancial Services33.72.7%
    FDH Aero2024Audax GroupIndustrials32.92.6%
    Marquee Brands2014Neuberger BermanConsumer31.62.5%
    GFL (NYSE:GFL)2018BC PartnersBusiness Services30.62.4%
    Auctane2021Thoma BravoTechnology / IT29.12.3%
    Fortna2017THLIndustrials28.72.3%
    Staples2017Sycamore PartnersBusiness Services27.72.2%
    Viant2018JLL PartnersHealthcare27.32.2%
    Stubhub2020Neuberger BermanConsumer26.42.1%
    Engineering2020NB Renaissance / Bain CapitalTechnology / IT26.32.1%
    Agiliti2019THLHealthcare25.32.0%
    Kroll2020Further Global / Stone PointFinancial Services25.02.0%
    Benecon2024TA AssociatesHealthcare24.72.0%
    Solace Systems2016Bridge Growth PartnersTechnology / IT24.62.0%
    Excelitas2022AEA InvestorsIndustrials24.11.9%
    Exact2019KKRTechnology / IT23.21.9%
    CH Guenther2021Pritzker Private CapitalConsumer21.21.7%
    Addison Group2021Trilantic Capital PartnersBusiness Services19.91.6%
    Constellation Automotive2019TDR CapitalBusiness Services19.51.6%
    Bylight2017Sagewind PartnersTechnology / IT19.11.5%
    Tendam2017PAIConsumer19.01.5%
    Real Page2021Thoma BravoTechnology / IT18.81.5%
    Total Top 30 Investments                         $972.5 77.5%

    *Undisclosed company due to confidentiality provisions.

    Geography% of Portfolio
    North America77%
    Europe22%
    Asia / Rest of World1%
    Total Portfolio100%
      
    Industry% of Portfolio
    Tech, Media & Telecom22%
    Consumer / E-commerce22%
    Industrials / Industrial Technology17%
    Financial Services14%
    Business Services11%
    Healthcare9%
    Other4%
    Energy1%
    Total Portfolio100%
      
    Vintage Year% of Portfolio
    2016 & Earlier10%
    201716%
    201814%
    201914%
    202013%
    202118%
    20225%
    20232%
    20248%
    Total Portfolio100%

    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 is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman's investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025.

    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.


    1 Based on net asset value.

    Attachment

    • May 2025 NBPE FactsheetvF


    Get the next $GFL alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $GFL

    DatePrice TargetRatingAnalyst
    5/23/2025$54.00Neutral
    Analyst
    5/7/2025$58.00Buy
    Seaport Research Partners
    2/25/2025Hold → Buy
    Stifel
    1/27/2025$53.00Buy
    Citigroup
    10/4/2024$50.00Sector Outperform
    Scotiabank
    7/9/2024$43.00 → $42.00Outperform → Market Perform
    BMO Capital Markets
    4/8/2024$46.00Outperform
    RBC Capital Mkts
    1/31/2024$44.00Buy
    UBS
    More analyst ratings

    $GFL
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • GFL Environmental Inc. Announces Quarterly Dividend

      VAUGHAN, ON, July 3, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE:GFL) (TSX:GFL) ("GFL" or the "Company") today announced that the Board of Directors of the Company has declared a cash dividend of US$0.0154 for each outstanding subordinate voting share and multiple voting share of the Company for the second quarter of 2025. The cash dividend will be paid on July 31, 2025 to shareholders of record at the close of business on July 14, 2025. The Company has designated this dividend as an eligible dividend within the meaning of the Income Tax Act (Canada). About GFL GFL, headq

      7/3/25 6:45:00 AM ET
      $GFL
      Environmental Services
      Utilities
    • NBPE - May Monthly Net Asset Value 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 NBPE Announces May Monthly NAV Estimate St Peter Port, Guernsey 27 June 2025 NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 May 2025 monthly NAV estimate. NAV Highlights (31 May 2025) NAV per share was $27.24 (£20.20), a total return of (0.2%) in the monthApproximately 98% of fair value based on private company valuation information as of Q1 2025 or based on 31 May 2025 quoted pricesBased on

      6/27/25 2:00:00 AM ET
      $GFL
      Environmental Services
      Utilities
    • GFL Environmental Inc. Sets Date for Q2 2025 Earnings Release

      VAUGHAN, ON, June 25, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE:GFL) (TSX:GFL) ("GFL" or the "Company") today announced that it will release its 2025 second quarter financial results after the market closes on Wednesday July 30, 2025 and will host an investor conference call related to this release on Thursday July 31, 2025 at 8:30 am Eastern Time. A live audio webcast of the conference call can be accessed by logging onto the Company's Investors page at investors.gflenv.com or by clicking here or listeners may access the call toll-free by dialing 1-833-950-0062 in Cana

      6/25/25 6:45:00 AM ET
      $GFL
      Environmental Services
      Utilities

    $GFL
    SEC Filings

    See more
    • SEC Form 6-K filed by GFL Environmental Inc. Subordinate voting shares no par value

      6-K - GFL Environmental Inc. (0001780232) (Filer)

      7/3/25 6:47:43 AM ET
      $GFL
      Environmental Services
      Utilities
    • SEC Form 6-K filed by GFL Environmental Inc. Subordinate voting shares no par value

      6-K - GFL Environmental Inc. (0001780232) (Filer)

      6/25/25 6:47:59 AM ET
      $GFL
      Environmental Services
      Utilities
    • Amendment: SEC Form SCHEDULE 13G/A filed by GFL Environmental Inc. Subordinate voting shares no par value

      SCHEDULE 13G/A - GFL Environmental Inc. (0001780232) (Subject)

      5/15/25 4:43:06 PM ET
      $GFL
      Environmental Services
      Utilities

    $GFL
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Analyst resumed coverage on GFL Environmental with a new price target

      Analyst resumed coverage of GFL Environmental with a rating of Neutral and set a new price target of $54.00

      5/23/25 8:16:31 AM ET
      $GFL
      Environmental Services
      Utilities
    • Seaport Research Partners initiated coverage on GFL Environmental with a new price target

      Seaport Research Partners initiated coverage of GFL Environmental with a rating of Buy and set a new price target of $58.00

      5/7/25 8:37:22 AM ET
      $GFL
      Environmental Services
      Utilities
    • GFL Environmental upgraded by Stifel

      Stifel upgraded GFL Environmental from Hold to Buy

      2/25/25 11:31:51 AM ET
      $GFL
      Environmental Services
      Utilities

    $GFL
    Leadership Updates

    Live Leadership Updates

    See more
    • GFL Environmental Inc. Appoints Sandra Levy to its Board of Directors

      VAUGHAN, ON, April 11, 2023 /PRNewswire/ - GFL Environmental Inc. (NYSE:GFL) (TSX:GFL) ("GFL") today announced that Sandra Levy has been appointed to its Board of Directors, effective April 28, 2023. Ms. Levy's election will expand the board to 10 directors, nine of whom are independent. Ms. Levy is a two-time Canadian Olympic athlete in the sport of field hockey and is a senior human resources executive with over 25 years of experience in human resources and legal roles. She is the current Chief People & Culture Officer at the Canadian Olympic Committee, a position she has he

      4/11/23 6:45:00 AM ET
      $GFL
      Environmental Services
      Utilities
    • GFL Environmental Inc. Announces Quarterly Dividend

      VAUGHAN, ON, Jan. 7, 2021 /PRNewswire/ - The Board of Directors of GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it has declared a cash dividend of US$0.01 for each outstanding subordinate voting share and multiple voting share of the Company for the fourth quarter of 2020. The cash dividend will be paid on January 29, 2021 to shareholders of record at the close of business on January 19, 2021. The Company has designated this dividend as an eligible dividend within the meaning of the Income Tax Act (Canada). About GFL GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, prov

      1/7/21 6:55:00 AM ET
      $GFL
      Environmental Services
      Utilities

    $GFL
    Financials

    Live finance-specific insights

    See more
    • GFL Environmental Inc. Announces Quarterly Dividend

      VAUGHAN, ON, July 3, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE:GFL) (TSX:GFL) ("GFL" or the "Company") today announced that the Board of Directors of the Company has declared a cash dividend of US$0.0154 for each outstanding subordinate voting share and multiple voting share of the Company for the second quarter of 2025. The cash dividend will be paid on July 31, 2025 to shareholders of record at the close of business on July 14, 2025. The Company has designated this dividend as an eligible dividend within the meaning of the Income Tax Act (Canada). About GFL GFL, headq

      7/3/25 6:45:00 AM ET
      $GFL
      Environmental Services
      Utilities
    • NBPE - May Monthly Net Asset Value 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 NBPE Announces May Monthly NAV Estimate St Peter Port, Guernsey 27 June 2025 NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 May 2025 monthly NAV estimate. NAV Highlights (31 May 2025) NAV per share was $27.24 (£20.20), a total return of (0.2%) in the monthApproximately 98% of fair value based on private company valuation information as of Q1 2025 or based on 31 May 2025 quoted pricesBased on

      6/27/25 2:00:00 AM ET
      $GFL
      Environmental Services
      Utilities
    • GFL Environmental Inc. Sets Date for Q2 2025 Earnings Release

      VAUGHAN, ON, June 25, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE:GFL) (TSX:GFL) ("GFL" or the "Company") today announced that it will release its 2025 second quarter financial results after the market closes on Wednesday July 30, 2025 and will host an investor conference call related to this release on Thursday July 31, 2025 at 8:30 am Eastern Time. A live audio webcast of the conference call can be accessed by logging onto the Company's Investors page at investors.gflenv.com or by clicking here or listeners may access the call toll-free by dialing 1-833-950-0062 in Cana

      6/25/25 6:45:00 AM ET
      $GFL
      Environmental Services
      Utilities

    $GFL
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by GFL Environmental Inc. Subordinate voting shares no par value

      SC 13G/A - GFL Environmental Inc. (0001780232) (Subject)

      11/12/24 9:02:24 PM ET
      $GFL
      Environmental Services
      Utilities
    • SEC Form SC 13G filed by GFL Environmental Inc. Subordinate voting shares no par value

      SC 13G - GFL Environmental Inc. (0001780232) (Subject)

      11/12/24 1:31:03 PM ET
      $GFL
      Environmental Services
      Utilities
    • Amendment: SEC Form SC 13G/A filed by GFL Environmental Inc. Subordinate voting shares no par value

      SC 13G/A - GFL Environmental Inc. (0001780232) (Subject)

      11/12/24 9:55:15 AM ET
      $GFL
      Environmental Services
      Utilities