NB Private Equity Partners appoints Louisa Symington-Mills to its Board as Independent Director

– GUERNSEY, St. Peter Port –  NB Private Equity Partners Limited (LON: NBPE) today announced the appointment of Louisa Symington-Mills to its Board as an independent non-executive Director with effect on 15 June 2021.

“We are delighted that Louisa is joining the Board. Her significant buy- and sell-side listed private equity experience and participation in the broader LPE sector will complement the Board’s expertise, particularly as we expand our investor relations programme.” said Board Chairman, William Maltby.

In addition, Louisa Symington-Mills has been appointed to the Audit Committee, Management Engagement Committee, and the Nomination & Remuneration Committee.

As already announced, Peter von Lehe, Managing Director and Head of Investment Solutions and Strategy at Neuberger Berman, will not stand for re-election at the forthcoming AGM in September. Following the conclusion of the AGM, the Board will comprise five independent Directors.

About Louisa Symington-Mills

Ms. Symington-Mills joined M&G Investment Management in 2003 before a successful career at Royal Bank of Scotland and Jefferies as a listed alternative investment funds research analyst, with a particular focus on listed private equity. She subsequently became Chief Operating Officer at LPEQ, an international association of listed private equity companies, and has played a key role in increasing awareness and understanding of listed private equity throughout her career. Ms. Symington-Mills is also the founder and CEO of Cityparents, an award-winning organisation supporting working parents in corporate roles.

Louisa Symington-Mills said “I’ve followed NBPE’s progress closely since its successful listing 14 years ago. NBPE has a strong track record of returns and unique co-investment model, and I’m excited about working with the rest of the board as it seeks to engage with a wider range of investors and communicate the merits of investing in listed private equity.”

About NB Private Equity Partners Limited

NBPE invests in direct private equity investments alongside market-leading private equity firms globally. NB Alternatives Advisers LLC, an indirect wholly-owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

For more information: https://www.nbprivateequitypartners.com/

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