NBPE Announces October Monthly NAV Estimate
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NB Private Equity Partners (NBPE) announced its NAV estimate for October 2024, showing a slight decrease of 0.2% for the month and a year-to-date increase of 0.7%. The company has invested $103 million in new and follow-on investments, including $30 million in Mariner Wealth Advisors. NBPE has $299 million in available liquidity and has fully repaid its ZDPs, simplifying its capital structure.
November 26, 2024 | 7:15 am
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NB Private Equity Partners reported a slight decrease in NAV for October 2024, with a year-to-date increase of 0.7%. The company has made significant investments and simplified its capital structure by repaying ZDPs.
The NAV decrease of 0.2% is minor, and the year-to-date increase of 0.7% shows stability. The repayment of ZDPs simplifies the capital structure, which is positive. However, the overall impact on stock price is neutral due to the mixed results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100