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NB Private Markets Access Fund

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NB Private Markets Access Fund

Private Market Funds | Private Equity

NB Private Markets Access Fund

NAV PER SHARE

$1.26bn

YTD RETURN

5.93%

SINCE INCEPTION ANNUALIZED

7.84%

As of 09/30/2024
 
Overview
Delivering private equity in an evergreen solution
Core Private Equity Solution
Providing access to diversified private equity investments with a focus on ease of use
Portfolio of Direct Investments
Highly selective approach to building a diversified portfolio of co-investments and secondaries alongside leading private equity managers
Integrated Platform Built for Deal Flow
Leveraging the strength of Neuberger Berman’s global relationships and expertise to source what we believe to be the most attractive investment opportunities1
Platform and Fund Strategy

An overview of the Access Fund's investment strategy and why investors should consider partnering with Neuberger Berman to access high-quality private equity.

Benefits of an Evergreen Structure

An overview on the simplified fund structure that the NB Access Fund offers as an evergreen vehicle.

Monthly Fund Update

Learn about recent performance and notable investment highlights from our Investment Team.

Performance
Net Total Return* as of 09/30/2024
SHARE CLASS MONTH-TO-DATE YEAR-TO-DATE TRAILING 1-YEAR 3-YEAR ANNUALIZED SINCE INCEPTION SINCE INCEPTION ANNUALIZED
Institutional 0.49% 5.93% 7.95% 7.45% 32.19% 7.84%
Class A-2 0.43% 5.38% 7.20% 21.29% 7.76%

The performance data quoted represent past performance and does not predict future performance. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor’s shares may be worth more or less than their original cost. The results do not reflect the effect of taxes an investor would pay on Fund distributions or on the sale of the Fund’s shares.

Institutional Class commenced operations on January 19, 2021. Class A-2 commenced operations on March 1, 2022.

*The total return is a net performance metric that measures the change in value of the Fund (ending value divided by beginning value) as adjusted for capital activity (capital calls and distributions). The figures presented are net of all fees.

Private Equity Portfolio Snapshot

82 Approved Private Equity Investments

60Private Equity Sponsor Partners

  • Top 10 Holdings
  • Investment Type
  • Asset Class
  • Sector Allocation
  • Geographic Breakdown
Current Allocation Exposure2,3 as of 09/30/2024
COMPANY DEAL TYPE INDUSTRY % OF NAV
Project Ike Secondary Consumer 2.4%
ENTRUST Solutions Group Co-Investment Capital Goods 2.4%
New Era Secondary Consumer 2.4%
AmpliFI Loyalty Solutions Secondary Financial Services 2.2%
OMNIA Partners Co-Investment Business Services 2.0%
Focus Financial Co-Investment Financial Services 2.0%
Mavis Discount Tire Co-Investment Consumer 1.7%
Avetta Co-Investment Technology/IT 1.6%
HSI Co-Investment Technology/IT 1.6%
Colibri Group Co-Investment Business Services 1.4%

Portfolio holdings are expressed as a percentage and are calculated by taking the market value of each holding and dividing it by the Fund's NAV. Portfolio holdings and other characteristics are current as of the date shown and are subject to change.

Simplified Fund Structure
Addressing common barriers for individual investors accessing private equity ("PE")

NB Access Fund Traditional PE Fund4
MINIMUMS & ELIGIBILITY Lower: $50,000 initial, $10,000 thereafter. Accredited Investors and Qualified Clients High: $500,000 ‑ $5,000,000. Qualified Purchasers
FUNDING TIMING Fully funded upon subscription: Subscription funded upfront with single initial investment Multiple: Uncertain timing, difficult for cash flow planning
TAX REPORTING Simplified: Form 1099 Complex: Schedule K-1
LIQUIDITY Recurring opportunities: Potential for limited liquidity with quarterly tender offers5 None: 10- to 14-year terms, with possible extensions and no liquidity
SUBSCRIPTION AVAILABILITY Evergreen: Monthly subscriptions  Limited: New fund subscription every three to five years
DIVERSIFICATION Eliminates Single GP Risk: Exposure to multiple high-quality lead sponsors Limited: Single lead manager
 
Private Equity 101
What is Private Equity?
(2:56)
What is a Co-Investment?
(2:56)
What is a Secondary Investment?
(2:36)
NB Private Markets Advantage
Integrated platform providing access to leading private equity managers
$115bn
In Capital Commitments6
PLATFORM
35+
Years of Investing
★★★★★
Ratings by UN PRI for private equity ESG integration7
98%
Employee Retention Rate8
PEOPLE
21+
Average Years’ Experience of Senior Investment Team9
410+
Global Private Markets Professionals10
~8,000
Underlying Portfolio Companies (Active)11
PARTNERSHIP WITH GPsPARTNERSHIP
750+
Private Equity Fund Investments12
420+
Private Equity Fund Advisory Board Seats13
Case Studies
Please click below to explore some of our largest investments.
ENTRUST Solutions Group
AmpliFI Loyalty Solutions
New Era
Company Name
Investment Year: OriginationDate
Sector: asset type
Fund: total-commitment
Focus Financial
Mavis Discount Tire
Company Name
Investment Year: OriginationDate
Sector: asset type
Fund: total-commitment

All information in this section is as of the date of this presentation (unless otherwise noted) and includes certain investments of the Fund as of that date. The investments presented in this section are solely for the informational purpose of describing investment themes and objectives that are generally consistent with those of the Fund, the investment process and analysis used by Neuberger Berman to evaluate such investments, as well as Neuberger Berman’s capabilities in sourcing and managing such investments, and should not be deemed to be a recommendation to buy or sell any security mentioned. Investment opportunities pursued by the Fund may be different, potentially materially, from the opportunities described herein. The opinions expressed herein reflect the current opinions of Neuberger Berman as of the date hereof. There can be no guarantee the views and opinions expressed in this presentation will come to pass.

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