Investor Presentaiton

Schedule of Investments % of NBPE Company/Investment Name Asset Class Investment Date Lead Sponsor Fair Value NAV Company / Investment Name Asset Class Investment Date Lead Sponsor Fair Value % of NBPE NAV AutoStore Mid-cap Buyout Jul-19 THL 80.1 6.7% Wind River Environmental Mid-cap Buyout Apr-17 Gryphon Investors 7.1 0.6% Agiliti Large-cap Buyout Jan-19 THL 54.7 4.6% Vertiv (NYSE: VRT) Special Situations Nov-16 Platinum Equity 7.0 0.6% NB Alternatives Credit Opportunities Program Income Investment Sep-19 Neuberger Berman 47.5 4.0% Brightview (NYSE: BV) Large-cap Buyout Dec-13 KKR 6.6 0.6% Material Handling Systems Mid-cap Buyout Apr-17 THL 44.7 3.8% Concord Bio Growth/Venture Jun-16 Quadria Capital 6.4 0.5% Telxius Large-cap Buyout Oct-17 KKR 43.9 3.7% Healthcare Services Company Large-cap Buyout Feb-18 Not Disclosed 6.2 0.5% Action Large-cap Buyout Jan-20 3i 38.1 3.2% Drive Medical Income Investment Jan-17 CD&R 6.2 0.5% USI Large-cap Buyout Jun-17 KKR 38.0 3.2% Healthcare Company-In-home Devices Mid-cap Buyout Jun-18 Not Disclosed 6.2 0.5% GFL (NYSE:GFL) Large-cap Buyout Jul-18 BC Partners 36.6 3.1% Centro Growth/Venture Jun-15 FTV Capital 6.1 0.5% Petsmart/Chewy (NYSE: CHWY) Large-cap Buyout Jun-15 BC Partners 35.3 3.0% ProAmpac Mid-cap Buyout Dec-20 Pritzker Private Capital 5.9 0.5% West Marine Mid-cap Buyout Sep-17 Monomoy Capital 33.8 2.8% CSC Service Works Mid-cap Buyout Mar-15 Pamplona Capital 5.7 0.5% Business Services Company* Large-cap Buyout Oct-17 Not Disclosed 33.1 2.8% Nextlevel Mid-cap Buyout Aug-18 Blue Point Capital 5.7 0.5% Beyond Trust Mid-cap Buyout Jun-18 Francisco Partners 32.1 2.7% Vitru (NASDAQ: VTRU) Mid-cap Buyout Jun-18 Vinci Partners 5.3 0.4% Marquee Brands Cotiviti Duff & Phelps Special Situations. Dec-14 Neuberger Berman 31.1 2.6% Uber (NYSE: UBER) Growth/Venture Jul-18 TPG 5.1 0.4% Income Investment Aug-18 Veritas Capital 30.6 2.6% Bertram Growth Capital II Growth/Venture Funds Sep-10 Bertram Capital 5.1 0.4% Large-cap Buyout Apr-20 Further Global/Stone Point 28.0 2.4% Snagajob Growth/Venture Jun-16 NewSpring Capital 5.0 0.4% NB Specialty Finance Program Income Investment Oct-18 Neuberger Berman 25.2 2.1% BK China Mid-cap Buyout Aug-18 Cartesian Capital Group 5.0 0.4% Excelitas Advisor Group Mid-cap Buyout Nov-17 AEA Investors 24.6 2.1% Destination Restaurants Mid-cap Buyout Nov-19 L. Catterton 4.8 0.4% Mid-cap Buyout Jul-19 Reverence Capital 23.4 2.0% Hivory Large-cap Buyout Dec-18 KKR 22.6 1.9% DBAG Expansion Capital Fund BackOffice Growth/Venture Funds Jan-12 Deutsche Beteiligungs AG 4.8 0.4% Mid-cap Buyout Dec-17 Bridge Growth Partners 4.6 0.4% Milani BCA Marketplace Mid-cap Buyout Nov-19 TDR Capital Mid-cap Buyout Jun-18 Gryphon Investors 4.5 0.4% 22.1 1.9% Holley Mid-cap Buyout Oct-18 Sentinel Capital 21.3 1.8% Saguaro Mid-cap Buyout Jul-13 Pine Brook 4.5 0.4% SafeFleet Mid-cap Buyout May-18 Oak Hill Capital Partners 4.1 0.3% Qpark Large-cap Buyout Oct-17 KKR 18.2 1.5% Staples Large-cap Buyout Sep-17 Sycamore Partners Mills Fleet Farms Large-cap Buyout Feb-16 KKR 3.8 0.3% 18.0 1.5% Catalyst Fund III Special Situations Funds Mar-11 Catalyst Capital Group 3.6 0.3% Renaissance Learning Mid-cap Buyout Jun-18 Francisco Partners 17.3 1.5% Aldevron Large-cap Buyout Sep-19 EQT 3.6 0.3% Omega Mid-cap Buyout Feb-17 AEA Investors 16.2 1.4% Bylight Mid-cap Buyout Jun-17 Sagewind Partners 15.8 1.3% Rino Mastrotto Group Mid-cap Buyout Aug-19 NB Renaissance 3.5 0.3% OB Hospitalist Group - Debt Income Investment Aug-17 Gryphon Investors 3.5 0.3% FV Hospital Mid-cap Buyout Jun-17 Quadria Capital 15.4 1.3% American Dental Partners, Inc. Mid-cap Buyout Feb-12 JLL Partners 3.4 0.3% Accedian Growth/Venture Apr-17 Bridge Growth Partners 15.3 1.3% Boa Vista (BVMF: BOAS3) Mid-cap Buyout Nov-12 TMG Capital 3.0 0.3% Branded Cities Network Mid-cap Buyout Nov-17 Shamrock Capital 14.6 1.2% NG Capital Partners I, L.P. Growth/Venture Funds May-11 NG Capital Partners 3.0 0.3% Lasko Products Special Situations Nov-16 Comvest Partners 14.5 1.2% Stratus Technologies Mid-cap Buyout Apr-14 Siris Capital 3.0 0.3% Engineering Mid-cap Buyout Jun-18 NB Renaissance / Bain Capital 14.4 1.2% Husky Injection Molding Mid-cap Buyout Sep-18 Platinum Equity 2.9 0.2% Leaseplan CH Guenther ZPG Real Page Mid-cap Buyout Apr-16 TDR Capital 14.0 1.2% CrownRock Minerals Mid-cap Buyout Jun-18 Lime Rock Partners 2.8 0.2% Mid-cap Buyout May-18 Pritzker Private Capital 12.7 1.1% Connector Company* Growth/Venture Oct-15 Not Disclosed 2.7 0.2% Large-cap Buyout Jul-18 Silver Lake Partners 12.4 1.0% Fiserv (NYSE: FISV) Large-cap Buyout Sep-07 KKR 2.7 0.2% Large-cap Buyout Apr-21 Thoma Bravo 12.2 1.0% Undisclosed Financial Services Company" Large-cap Buyout May-21 Not Disclosed 2.5 0.2% Final Site Mid-cap Buyout Nov-16 Bridge Growth Partners 12.0 1.0% Inflection Energy Mid-cap Buyout Oct-14 Chambers Energy 2.4 0.2% Italian Mid-Market Buyout Portfolio Mid-cap Buyout Jun-18 NB Renaissance 11.9 1.0% Into University Partnerships Mid-cap Buyout Apr-13 Leeds Equity Partners 1.9 0.2% Innovacare Mid-cap Buyout Oct-19 Summit Partners 11.9 1.0% Kyobo Life Insurance Co. Mid-cap Buyout Dec-07 Corsair Capital Partners 1.9 0.2% Solace Systems Growth/Venture Apr-16 Bridge Growth Partners 11.8 1.0% Progenity (NASDAQ: PROG) Special Situations Jun-13 Neuberger Berman 1.7 0.1% SolarWinds (NYSE: SWI) Large-cap Buyout Feb-16 Thoma Bravo 11.4 1.0% Hydro Mid-cap Buyout Dec-18 NB Renaissance 1.5 0.1% Digital River (Equity) Mid-cap Buyout Feb-15 Siris Capital 11.3 0.9% RiverBed Mid-cap Buyout Feb-15 Thoma Bravo 1.2 0.1% Viant Mid-cap Buyout Jun-18 JLL Partners 10.8 0.9% Other Total Direct Equity Investments $8.8 0.7% Branded Toy Company* Mid-cap Buyout Jul-17 Not Disclosed 10.6 0.9% Other Total Direct Debt Investments $2.0 0.2% Drive Medical Income Investment Oct-19 CD&R 10.0 0.8% Other Total Fund Investments $5.6 0.5% Plaskolite Mid-cap Buyout Dec-18 Pritzker Private Capital 10.0 0.8% Total Private Equity Investments $1,376.5 115.7% Perspecta Large-cap Buyout May-21 Veritas Capital 10.0 0.8% Exact Mid-cap Buyout Aug-19 KKR 9.7 0.8% Edelman Large-cap Buyout Aug-18 Hellman & Friedman 9.7 0.8% Ingersoll Rand (NYSE: IR) Large-cap Buyout Jul-13 KKR 9.3 0.8% MHS Mid-cap Buyout Mar-17 Harvest Partners 8.9 0.7% Compliance Solutions Strategies Mid-cap Buyout Apr-17 CIP Capital 8.8 0.7% Tendam Large-cap Buyout Oct-17 PAI 8.8 0.7% Clearent Growth / Venture Jun-18 FTV Capital 8.7 0.7% Ellucian Large-cap Buyout Sep-15 TPG Capital 8.6 0.7% Verifone Large-cap Buyout Aug-18 Francisco Partners 8.3 0.7% Hub Large-cap Buyout Mar-19 Altas Partners 8.1 0.7% Stubhub Carestream Note: as of 31 May 2021. Large-cap Buyout Feb-20 Neuberger Berman 7.6 0.6% Income Investment Jun-17 CD&R 7.4 0.6% NEUBERGER BERMAN 36

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