UPDATE (Oct 2026): NBPE changed its name from NB Private Equity Partners to Neuberger Private Equity Partners in June 2026. Its NAV total return was -8% in the year to December 2022, +2% to December 2023, +2% to December 2024, +5% to December 2025, and +2% in the first half of 2026, making it one of the poorer-performing trusts in the Private Equity sector in the last few years. The company bought back a few shares in 2023 and 2024, but stepped up the pace from early 2025 onwards. In February 2025, it set aside $120m for buybacks over the next three years, subject to conditions, and it added a...