Intellectual Capital & Analytics
Family offices leverage our extensive private markets platform to supplement their due diligence efforts. This includes assisting with due diligence for primary commitments, providing views around co-investment transactions and providing access to market color, globally.
Deals reviewed across primaries, secondaries and co-investments over the past 3 years1
Fund commitments (active)2
LPAC Seats4
Capital committed over the last 3 years across primaries, co-investments & secondaries3
Strategy detective is a returns-based attribution and regime analysis toolkit that we use to analyze managers and build multi manager portfolios. We take each managers historical returns and compare them to a library of proprietary reference strategies, in order to detect sources of return and risk.
Returns-Based Attribution Model
Returns are easier to come by than timely positions, especially over time
Asset-Based Factors
Realistic and implementable representations of investment strategies and styles
Manager Fingerprints
Attribution of historical performance into beta, spreads, factors and alpha building blocks
Behavioral Regime Maps
Building block performance is parsed into market and macroeconomic regimes
Portfolio-Level Implied Views
How the individual investments impact the overall portfolio and its "implied views"
Many family offices typically have extensive private market portfolios. We leverage our $100bn private markets platform to provide access to our stochastic cash flow modelling tool – NB PRESTO.
Proprietary Datasets
Large platform with long investment history
- Proprietary fund/deal level database combined with industry data from vendors
- Vintage year: 1987-2021
- 1600 primary funds, 1300 co-investment deals, 400 secondaries
- This dataset allows cross-sectional dispersion modeling
Dedicated Resources5
Collaboration of quant professionals and investors
- Significant resources are dedicated to building cutting-edge private market models
- NB Presto evolved to reflect current market developments and analysis demands
- We use the same model advising clients that our PMs use to manage portfolios
Sophisticated Modeling
Stochastic model allows for holistic public/private modeling
- Models the inter-relationship between capital calls, NAV and distributions
- Quantifies probability of NAV landing above or below target
- Estimates cash flows and performance during market stress scenarios
- Models fund/deal level diversification and asset-class level relationships
We help clients with strategic asset allocation, utilizing our expertise on both bottom-up and top-down portfolio construction. Our analytics tools can help clients build optimized portfolios, whether they are 1st, 2nd, 3rd, or later generation family offices.
Family Offices 2024: Adjusting to Post-Inflation Markets
The investment landscape has changed considerably over the past two years, and many family offices are re-assessing their asset allocations. Can they sustain their 6 – 8% (CPI+3%) long-run annualized return profile, and what adjustments might be required to do so?
Buyouts Secondaries Roundtable: This is Not a Market Moment
- In a roundtable discussion conducted by Buyouts, Boriana Karastoyanova evaluates the continued demand for capital solutions in the secondaries market, as both GPs and LPs navigate a shifting market backdrop.
The Opportunities Across Private Equity’s Current Liquidity Landscape
- There are attractive opportunities for experienced liquidity providers in the current private equity market environment.
Neuberger Berman Private Markets: Q3 2024 Preliminary Valuation Summary & Analysis
- Doug Manor, Managing Director, Neuberger Berman Private Markets, provides an overview of private equity markets and an outlook based on trends in the marketplace.