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Hardman & Co Research on NB Private Equity Pa...
Hardman & Co Research on NB Private Equity Pa....
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\nHardman & Co Research \n\n\n\n\n\n\nHardman & Co Research on NB Private Equity Partners (NBPE): Value creation in a higher-rate environment 07-March-2024 / 12:05 GMT/BST\n\n\n\nThe issuer is solely responsible for the content of this announcement.\n\n\nHardman & Co Research | Investment Companies\n\nNB Private Equity Partners (NBPE) | Value creation in a higher-rate environment\n\n \n\nIn this note, we explore how the sources of value creation have evolved and how NBPE’s GP partners are expected to organically and inorganically generate incremental EBITDA growth to offset higher interest costs. Long-term target returns for new deals on the NB platform are unchanged, despite the short-term interest rate noise. This note builds on the drivers of historical superior EBITDA (see 2023 CMD: value creation from growing companies). Investors should note that interest rates are just one of many factors that GPs manage. NB’s views on value creation were outlined in its piece, Navigating value creation in private equity.\n\n \n\nPlease click on the link below for the full report:\n\nhttps://hardmanandco.com/research/corporate-research/nbpe-value-creation-in-a-higher-rate-environment/\n\nIf you are interested in meeting the company, you can register your interest by clicking on the above link.\n\n\n To contact us:\n\n Hardman & Co9 Bonhill Street\n\n London\n\n EC2A 4DJ\n\n www.hardmanandco.com\n\n Follow us on Twitter @HardmanandCo\n \n \n Contact:\n\n Mark Thomas \n\n \n\n \n \n \n \n\n [email protected] \n \n Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.\n\nAbout Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\n\n\nEnd of Announcement - EQS News Service\n\n\n\n1853873 07-Marc...