Hardman & Co Research on NB Private Equity Partners: Adapting to a Higher-Rate Environment

On March 7, 2024, Hardman & Co released their latest analysis on NB Private Equity Partners (NBPE), focusing on the strategies for value creation amidst rising interest rates. The research delves into how NBPE and its general partners (GPs) plan to continue generating significant EBITDA growth through both organic and inorganic means, effectively countering the impact of increased borrowing costs. Despite short-term fluctuations in interest rates, Hardman & Co highlights that NBPE's long-term target returns for new deals remain stable, a testament to their robust approach to navigating financial challenges.

The report builds upon the previous discussions on EBITDA contributions, particularly from the expansion of portfolio companies, and emphasizes the comprehensive management of multiple factors beyond interest rates by GPs. Hardman & Co's insights underline NBPE's strategic positioning and adaptability in a climate of financial uncertainty, presenting an optimistic outlook for investors focused on long-term value creation in the private equity sector.