Ex-Lehman PE team floats

NB Private Equity Partners (NBPE), the former fund-of-funds team of Lehman Brothers, has floated on the Specialist Fund Market (SFM) of the London Stock Exchange.

The company will retain its listing on the Euronext Amsterdam by NYSE Euronext, ensuring that the shares will be traded in both London and Amsterdam. Oriel Securities is the sole sponsor and broker in association with the admission.

NBPE will commence trading its shares on the SFM this month. Following its admission, shares will be traded under the symbol NBPE. The Guernsey-based investment company is not offering any new shares or securities in connection with the admission.