Bold Transaction Announced as NB Private Equity Partners Buys Back Class A Shares
In a confident display of financial fortitude, NB Private Equity Partners has made the bold move of repurchasing its own Class A shares. The firm, based in the distinguished St Peter Port, Guernsey, revealed the details of the transactions carried out pursuant to the authority granted to them by the shareholders on 12 June 2024 and with the agreement from Jefferies International Limited.
The date for the shares’ purchase was stated as 2 May 2025, with a total of 5,000 Class A shares acquired at a price range of £14.54 to £14.36. According to their statement, all repurchased Class A shares will be cancelled, leaving the number of outstanding Class A shares at an impressive 45,596,173. The company also holds 3,150,408 Class A shares in treasury for reporting purposes under the FCA’s Disclosure Guidance and Transparency Rules.
NB Private Equity Partners is a formidable global player, with its investment manager, NB Alternatives Advisers LLC, boasting the responsibility of sourcing, executing, and managing its investments. Primarily focussed on direct private equity investments with leading private equity firms worldwide, the firm continues to seek capital appreciation over time.
This move by NBPE serves as an excellent demonstration of the company’s strong commitment to its investment philosophy, showcasing its active management and engaged ownership. The firm commands respect with over 2,800 employees in 26 countries and manages a notable $515 billion portfolio across equities, fixed income, private equity, real estate, and hedge fund portfolios.
- •NB Private Equity Partners Announces Transact... investegate.co.uk05-05-2025