Board of Directors

The Board of Directors is responsible for the overall strategic direction of NBPE. The Board has appointed Neuberger Berman Private Equity as the investment manager responsible for the day-to-day management and investment decisions.

William Maltby
Chairman
Independent Director
Trudi Clark
Chairman of the Nomination and Remuneration Committee and Management Engagement Committee, Independent Director
John Martyn Falla
Chairman of the Audit Committee
Independent Director
Wilken von Hodenberg
Senior Independent Director
Peter von Lehe
Head of Investment Solutions and Strategy
Managing Director
Corporate Governance
The Company is committed to high standards of corporate governance and the Board is responsible for ensuring those high standards are achieved. The Company is a member of the Association of Investment Companies and applies the Code of Corporate Governance issued by the Association of Investment Companies in the UK (“AIC Code”). The AIC Code provides boards with a framework of best practice in respect of the governance of investment companies. The Financial Reporting Council has confirmed that investment companies which comply with the AIC Code and follow its requirements will also meet any obligations arising from the UK Code of Corporate Governance.



The Board

The Board comprises of five non-executive Directors, William Maltby (Chairman), Wilken von Hodenberg (Senior Independent Director), John Falla, Trudi Clark and Peter von Lehe. All Directors other than Peter von Lehe are regarded as independent Directors.

Audit Committee

The Board delegates certain responsibilities and functions to the Audit Committee, which comprises all of the independent Directors and the Chair is John Falla.

The Audit Committee meets at least three times a year. The members of the Audit Committee consider collectively that they have the requisite skills and experience to fulfil the responsibilities of the Audit Committee.

The Audit Committee provides oversight and reassurances to the Board, particularly with respect to financial reporting, audit and risk management. They will review the scope and results of the external audit and the independence and objectivity of the external auditors, including the provision of non-audit services. See NBPE’s Audit Committee Terms of Reference for further details.

Management Engagement Committee

The Company has established a Management Engagement Committee which comprises all of the independent Directors and the Chair is Trudi Clark.

The Management Engagement Committee meets at least once a year.

The Management Engagement Committee’s principal function is to review annually the terms of the Investment Management Agreement between the Company and the Investment Manager. The Management Engagement Committee also reviews annually the performance and terms of engagement of key service providers. See NBPE’s Management Engagement Committee Terms of Reference for further details.

Nomination & Remuneration Committee

The Company has established a Nomination & Remuneration Committee which comprises all of the independent Directors and the Chair is Trudi Clark.

The Nomination & Remuneration Committee’s main function is to assist the Board in filling vacancies on the Board and its committees and to review and make recommendations regarding Board structure, size, composition and remuneration. See NBPE’s Nomination & Remuneration Committee Terms of Reference for further details.

Documentation
Audit Committee Terms of Reference
Management Engagement Committee Terms of Reference
NBPE Articles of Incorporation
Nomination and Remuneration Committee Terms of Reference
CONTACT INFORMATION
For general questions about NB Private Equity Partners Limited contact your NBPE representative.
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