NB Private Equity Partners Sees Positive Shift in 1H’25 Results

Hardman & Co has released its research on NB Private Equity Partners (NBPE), highlighting a turning point in the company's first-half 2025 results. Financial performance showed modest improvements, with a stronger outlook for investment exits, leading to increased carrying values. The pipeline for new investments remains robust, supported by the company's ample liquidity.

NBPE’s recent focus on mid-life deals has enabled rapid value creation from new investments. Although current performance is below long-term norms, a potential normalization in exits and robust new investment successes could lead to traditional return levels. Projections indicate rising gains for the second half of 2025 and into 2026.