Neuberger Private Equity Partners Limited (NBPE), the Guernsey-domiciled closed-end investment company focused on direct private equity investments, has announced a buyback of 7,000 Class A Shares on the London Stock Exchange on 10 November 2026. The repurchase was conducted under a general shareholder authority granted on 11 June 2026 and an existing agreement with Jefferies International Limited. All shares acquired will be cancelled, reducing the total outstanding Class A Share count to 36,001,548, a figure investors and market participants should use for FCA disclosure purposes.

Key Points

  • Neuberger Private Equity Partners Limited (NBPE), listed on the London Stock Exchange and domiciled in Guernsey
  • NBPE repurchased 7,000 Class A Shares on 10 November 2026 under shareholder-approved buyback authority
  • Shares purchased at prices ranging from £15.04 to £15.24; all to be cancelled; 36,001,548 Class A Shares remain outstanding
  • Investors should monitor further buyback transactions under the existing Jefferies International Limited agreement

NBPE Cancels 7,000 Class A Shares Purchased Between £15.04 and £15.24 on 10 November 2026

The announcement confirms that NBPE purchased 7,000 Class A Shares on the London Stock Exchange on 10 November 2026, with a highest price paid of £15.24 and a lowest price of £15.04 per share. The buyback was executed pursuant to both the general authority granted by shareholders at the company's June 2026 meeting and the share buy-back agreement in place with Jefferies International Limited. The ISIN for the Class A Shares is GG00B1ZBD492. The company confirmed that all 7,000 shares purchased will be cancelled rather than held in treasury.

Outstanding Class A Share Count Falls to 36,001,548 After Cancellation

Following the cancellation of the repurchased shares, NBPE's outstanding Class A Share count stands at 36,001,548. The company also holds 3,150,408 Class A Shares in treasury, though the announcement states that the relevant voting rights figure for FCA Disclosure Guidance and Transparency Rules reporting purposes is 36,001,548. Market participants are required to use this figure when determining whether they must notify an interest in, or a change to an interest in, the company. This detail is particularly relevant to institutional investors monitoring their percentage holdings against disclosure thresholds.

NBPE's Direct Private Equity Strategy and Fee-Efficient Structure Underpin Buyback Context

NBPE invests in direct private equity transactions alongside globally recognised private equity firms, with its investment manager, NB Alternatives Advisers LLC, an indirect wholly owned subsidiary of Neuberger Berman Group LLC, overseeing sourcing and execution. The company notes that the vast majority of its direct investments carry no management fee or carried interest payable to third-party general partners, which the company positions as a fee efficiency advantage relative to other listed private equity vehicles. NBPE targets capital appreciation through net asset value growth and pays a bi-annual dividend to shareholders.

Shareholder Authority Granted June 2026 Continues to Support Ongoing Buyback Programme

The buyback activity disclosed on 11 November 2026 forms part of a broader programme authorised by shareholders on 11 June 2026. With 3,150,408 Class A Shares already held in treasury and the ongoing Jefferies International Limited agreement in place, investors may be watching for further repurchase transactions under the same authority. The company is established as a closed-end investment company in Guernsey and is subject to Guernsey Financial Services Commission oversight, adding a layer of regulatory context to any future capital management decisions.