Profile data is unavailable for this security.
About the company
NB Distressed Debt Investment Fund Limited is a Guernsey-based closed-end investment company. The Company's primary objective is to provide investors with attractive risk-adjusted returns through long-biased, opportunistic exposure to stressed, distressed and special situation credit-related investments while seeking to limit downside risk by, amongst other things, focusing on senior and senior secured debt with both collateral and structural protection. It invests in various sectors, including Surface Transport, Oil & Gas, Containers and Packaging, Surface Transport, Commercial Mortgage, Financial Intermediaries, Containers and Packaging. It invests in various countries, including United States, Brazil, Luxembourg, Spain, and the Netherlands. The Company is managed by Neuberger Berman Europe Limited. The Company’s alternative investment fund manager is Neuberger Berman Investment Advisers LLC.
- Revenue in USD (TTM)3.24m
- Net income in USD-2.67m
- Incorporated2010
- Employees0.00
- LocationNB Distressed Debt Investment Fund1st Floor, Tudor House, Le Bordage,SAINT PETER PORT GY1 1DBGuernseyGGY
- Phone+44 1 481700300
- Websitehttps://www.nbddif.com/
Profile
| Management group(s) | Neuberger Berman |
|---|---|
| AIC sector | Debt - Loans & Bonds |
| ISIN | GG00BDFZ6F78 |
| Launch date | 09 Jun 2010 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | USD |
Objective
To provide investors with attractive risk-adjusted returns through long-biased, opportunistic exposure to stressed, distressed and special situation credit-related investments while seeking to limit downside risk by, amongst other things, focusing on senior and senior secured debt with both collateral and structural protection.
Managed by
| Michael Holmberg, Brendan McDermott, Ravi Soni |
|---|
Management & contract fees
Management fee shall accrue daily, and payable monthly in arrears, at a rate of 0.125% per month of the NAV
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Hydrogenone Capital Growth PLC | 7.20m | 4.81m |
| Foresight Technology VCT PLC | -186.61k | -1.47m |
| Argentex Group PLC | 62.80m | 257.39k |
| Blackrock Incm and Grwth Invsnt Trst PLC | 3.27m | 2.28m |
| Ashoka WhiteOak Emerging Mrkts Trust PLC | 6.84m | 4.74m |
| NB Distressed Debt Investment Fund Ltd | 3.24m | -2.67m |
| Gabelli Merger Plus+ Trust PLC | 2.37m | 1.99m |
| Agronomics Ltd | 38.23m | 28.79m |
| Riverstone Credit Opprtnts Incm PLC | 4.79m | 2.28m |
| Calculus VCT PLC | 631.89k | -688.52k |
| Aquila Energy Efficiency Trust PLC | 0.00 | 2.00m |
| Blackfinch Spring VCT PLC | 5.94m | 4.49m |
| Ecofin US Renewables Infrstctr Trust PLC | -30.86m | -33.10m |
| Jupiter Green Investment Trust Plc | 1.02m | -305.01k |
| Cavendish Financial PLC | 61.51m | -4.56m |
Institutional shareholders
| Holder | Shares | % Held |
|---|---|---|
| Newton Investment Management Ltd.as of 30 Sep 2024 | 107.37k | 0.70% |
| LGT Wealth Management Ltd.as of 31 May 2024 | 41.50k | 0.27% |
