Neuberger Berman Global Private Equity Access Fund (AUD)
Private Market Funds | Private Equity
Neuberger Berman Global Private Equity Access Fund (AUD)
NAV PER SHARE
$187.3mn
Trailing 1 Year Return
19.71%
*Neuberger Berman Global Private Equity Access Fund (AUD) (the Fund) is an Australian unit trust and registered managed investment scheme (ARSN 662 697 529). The Fund is a feeder fund into the AUD share class of the NB Global Private Equity Access Fund (the Underlying Fund), a Luxemburg domiciled SICAV fund.
**The described benefits are benefits of investing in the Underlying Fund and are provided for information purposes only.
| SHARE CLASS | MONTH-TO-DATE | TRAILING 1-YEAR | SINCE INCEPTION ANNUALIZED |
|---|---|---|---|
| Neuberger Berman Global Private Equity Access Fund (AUD) | 4.80% | 19.71% | 13.11% |
*Performance to the latest month end.
**Performance from 28 April 2023 to latest month end.
Past performance is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investment may be worth more or less than its original cost. Current performance may be higher or lower than the performance quoted herein. No representation or warranty is made as to the efficacy of any particular strategy or the actual returns that may be achieved. This Fund might restrict outflows in the future.
Fund Details
Identifiers
*The Neuberger Berman Global Private Equity Access Fund (AUD) (“Fund”) expects to invest substantially all its assets into the NB Global Private Equity Access Fund (the "Underlying Fund“), a Luxemburg domiciled SICAV fund. This figure is the AUM for the Underlying Fund and reflects the fund’s net asset value plus the new subscriptions of the month. Amounts in USD.
51 Approved Private Equity Investments
38Private Equity Sponsor Partners
- Top 10 Holdings
- Investment Type
- Asset Class
- Sector Allocation
- Geographic Breakdown
| COMPANY | DEAL TYPE | INDUSTRY | % OF NAV |
|---|---|---|---|
| Marine Wealth Advisors | Co-Investment | Financial Services | 5.5% |
| Precision Aviation Group | Secondary | Industrials | 4.5% |
| Bending Spoons | Co-Investment | Software | 4.3% |
| Action | Co-Investment | Consumer | 3.7% |
| Accountor | Co-Investment | Technology/IT | 2.3% |
| FDH Aero | Co-Investment | Industrials | 2.0% |
| Project Ike | Secondary | Consumer | 1.9% |
| Yellowstone Landscaping | Co-Investment | Business Services | 1.6% |
| OMNIA Partners | Co-Investment | Business Services | 1.5% |
| Varsity Brands | Co-Investment | Consumer | 1.5% |
The Neuberger Berman Global Private Equity Access Fund (AUD) invests substantially all its assets into the offshore NB Global Private Equity Access Fund ("Underlying Fund"). Any data or commentary on investment process, valuation methodology, underlying assets, portfolio construction or investment philosophy apply to the Underlying Fund unless explicitly stated to apply to the Australian feeder fund.
| Neuberger Berman Global Private Equity Access Fund (AUD) | Traditional PE Fund | |
|---|---|---|
| MINIMUMS & ELIGIBILITY | Lower: Minimum subscription starting from $25,000 for investors in the target market | High: $500,000 ‑ $5,000,000 Qualified Purchasers |
| SUBSCRIPTION AVAILABILITY | Evergreen: Monthly subscriptions | Limited: New fund subscription every three to five years |
| LIQUIDITY | Monthly: Liquidity on a monthly basis subject to limitations to protect investors | None: 10- to 14-year terms, with possible extensions and no liquidity |
| DIVERSIFICATION | Eliminates Single GP Risk: Exposure to multiple high-quality lead sponsors | Limited: Single lead manager |
For illustrative purposes only. Please refer to the PDS for further details on liquidity constraints.
Please see full list of footnotes at the bottom of this page
The Neuberger Berman Global Private Equity Access Fund (AUD) invests substantially all its assets into the offshore NB Global Private Equity Access Fund ("Underlying Fund"). Any data or commentary on case studies, underlying assets, portfolio construction or investment philosophy apply to the Underlying Fund unless explicitly stated to apply to the Australian feeder fund.
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