NB Distressed Debt Investment Fund Limited: Private Company Information #nb #distressed #debt #investment #fund #limited

No Comments

#

Company Overview of NB Distressed Debt Investment Fund Limited

Company Overview

NB Distressed Debt Investment Fund Limited is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Europe Limited. The fund is co-managed by Neuberger Berman Investment Advisers, LLC. It invests in fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in distressed and special situation credit-related investments, including senior and senior secured debt with both collateral and structural protection. The fund focuses on companies with stressed balance sheets, low implied enterprise value, liquidity crisis, proposed mergers, divestiture, or other such corporate events t.

NB Distressed Debt Investment Fund Limited is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Europe Limited. The fund is co-managed by Neuberger Berman Investment Advisers, LLC. It invests in fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in distressed and special situation credit-related investments, including senior and senior secured debt with both collateral and structural protection. The fund focuses on companies with stressed balance sheets, low implied enterprise value, liquidity crisis, proposed mergers, divestiture, or other such corporate events to create its portfolio. It benchmarks the performance of its portfolio against the HFRI Distressed/Restructuring Index. NB Distressed Debt Investment Fund Limited was formed on April 20, 2010 and is domiciled in Guernsey.

57 Berkeley Square

44 20 3214 9000

Key Executives for NB Distressed Debt Investment Fund Limited

Portfolio Manager and Non-Executive Director

Compensation as of Fiscal Year 2017.

NB Distressed Debt Investment Fund Limited Key Developments

NB Distressed Debt Investment Fund Limited, Annual General Meeting, Jun 06, 2017

NB Distressed Debt Investment Fund Limited, Annual General Meeting, Jun 06, 2017, at 11:30 Coordinated Universal Time. Location: Registered office, 1st Floor, Elizabeth House Les Ruettes Brayes, St Peter Port Guernsey GY1 1EW Guernsey Channel Islands

NB Distressed Debt Investment Fund Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2016

NB Distressed Debt Investment Fund Limited reported audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported interest income of $13,114,532 against $15,137,050 a year ago. Net investment income was $7,528,639 against $10,792,585 a year ago. Realized and unrealized gain from investments and foreign exchange were $7,638,567 against realized and unrealized loss from investments and foreign exchange of $107,220,535 a year ago. Net increase in net assets resulting from operations was $15,167,206 against net decrease in net assets resulting from operations of $96,427,950 a year ago. Net cash used in operating activities was $106,724,420 against $61,697,204 a year ago.

NB Distressed Debt Investment Fund Limited Announces Dividend, Payable on December 20, 2016

The Board of the NB Distressed Debt Investment Fund Limited announced an income distribution by way of a dividend of $0.0793 per Ordinary Share, $0.0332 per Extended Life Share and £0.0102 per New Global Share (collectively the Share Classes) to be payable on 20 December 2016 to shareholders on the register of the Share Classes as at the close of business on 11 November 2016. Ex-dividend date is 10 November 2016.

Similar Private Companies By Industry


Leave a Reply

Your email address will not be published. Required fields are marked *