Investing into private markets is a complicated process—not only in terms of selecting assets and strategies, but also in terms of the time it takes to get an investor’s capital fully invested.
Once a commitment is made, there is uncertainty around the pacing of capital calls and the deployment of assets. To manage capital calls therefore requires careful planning in other parts of an investor’s portfolio, to ensure that liquidity is available at the right time, causing the least possible disruption.
Jointly designed by our Institutional Solutions team and Private Markets professionals, Neuberger Berman’s proprietary private market stochastic model, NB Presto, is a simulation tool that projects the NAV and cash flows of private market investments.