Hardman & Co Research on NB Private Equity Partners (NBPE): 2024 - short-term noise over long-term growth   Like many in the PE space, NBPE’s 2024 total $ NAV return (1.5%) was below the five-year average (11.0%), driven by falling valuations of listed holdings and forex. The private company growth (6.9% constant currency) was also below av [ … ]

Hardman & Co Research on NB Private Equity Partners (NBPE): Update on: NAV, capital, Trump and interest rates   We highlighted our capital markets day takeaways in CM day: 6 November fireworks; notably, i) positive market trends, ii) NB’s platform unique benefits, and iii) multiple levers for value creation. In this note, we update investor [ … ]