NB Private Equity reports modest NAV growth in 2024

Published 30/04/2025, 12:16
NB Private Equity reports modest NAV growth in 2024

LONDON - NB Private Equity Partners (NBPE) disclosed its final results for the year ending December 31, 2024, revealing a net asset value (NAV) total return of 1.5% and a total share price return of -1.1%. The company’s private portfolio displayed a stronger performance, growing by 6.9% on a constant currency basis, which excludes the effects of currency fluctuations. This growth was attributed to an 8.1% increase in revenue and a 12.1% rise in EBITDA among the private companies within the portfolio.

As of the year-end 2024, NBPE’s portfolio consisted of 80 companies, with 73 being private entities. Throughout 2024, NBPE made four new investments in the healthcare, financial services, and aerospace and defense sectors. These investments, totaling approximately $93 million, have shown promising early results, valued at a 1.1x gross multiple of capital and yielding a 22% internal rate of return (IRR) as of December 31, 2024.

The investment level of NBPE stood at 102% at the year’s end, which is within the lower range of their long-term target investment level of 100-110%. Maintaining a strong balance sheet continues to be a primary goal for the company’s Board.

The information in this report is based on a press release statement and provides an overview of NBPE’s financial performance for the period in question. It is important to note that past performance is not indicative of future results, and investments can fluctuate in value. This report is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.