# Neuberger Private Equity Partners: 12% Earnings Growth, Accelerating Exits and a Potential Catalyst to Close the Discount (video)

- Link: https://www.directorstalkinterviews.com/nb-private-equity-partners-12-earnings-growth-accelerating-exits-and-a-potential-catalyst-to-close-the-discount-video/4121266853
- Published: 2026-10-19T10:31:59+01:00
- Author: Jacob Brown

**Neuberger Private Equity Partners** (LON:NBPE) is stepping up the pace, with portfolio
company EBITDA growth reaching 12%, expected 2026 realisations of at least 18% of
opening net asset value (NAV), and a further $120 million allocated to share buybacks.
Hardman & Co analyst Mark Thomas explains why the company’s increasingly mature 
portfolio, substantial private equity capital awaiting deployment and improving 
visibility over cash generation could create the conditions for a narrowing of its
share price discount to NAV. He also examines how artificial intelligence could 
support deal activity, why shareholder returns are accelerating and which risks 
investors should keep firmly in view.

#### Key Moments

00:00 Meet Mark Thomas of Hardman & Co

00:08 Why the research report carries a disclaimer

00:44 Foot on the accelerator: NBPE’s first-half results

01:00 12% EBITDA growth strengthens the investment case

01:20 Realisations accelerate towards 18% of NAV

01:50 Buybacks rise as dividend yield approaches 5%

02:15 Five drivers behind the confidence in future exits

03:10 AI and new exit routes reshape private equity

04:15 How improving cash generation changes the outlook

05:39 $120m more for buybacks and a 5.6% NAV uplift

06:06 Interest rates, AI disruption and the risks ahead

### About Neuberger Private Equity Partners

Neuberger Private Equity Partners Limited is a London-listed investment company 
providing shareholders with exposure to a diversified portfolio of private equity
investments, primarily through direct equity investments alongside leading private
equity sponsors. Managed by Neuberger Berman, the company seeks to generate long-
term capital appreciation by investing in private businesses, realising value as
investments mature and returning capital to shareholders through dividends and share
buybacks.

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