NB Private Equity Partners, formerly Lehman Brothers Private Equity Partners, has joined listed private equity trade group LPEQ, taking the membership to 15.
LPEQ was launched in 2006 to increase awareness and understanding of the listed private equity sector and includes more than half of the UK’s listed private equity companies, as well as an increasing number of major European-listed private equity companies.
NB Private Equity, which listed on Euronext Amsterdam in July 2007, is a closed-end private equity fund of funds, with net assets of $417m.
The company’s portfolio comprises private equity fund investments and direct co-investments, diversified by stage, industry sector and vintage year.
Approximately 75 per cent of the company’s investments are in North America, with the rest in Europe and Asia.