NB Private Markets Access Fund LLC is a Delaware limited liability company registered under the Investment Company Act of 1940, as a non-diversified, closed-end management investment company. The Fund’s investment objective is to achieve long-term capital appreciation by investing primarily in private equity strategies, including buyouts, special situations, venture and growth capital, infrastructure, real assets, and private credit. The Fund implements its investment exposure through a variety of methods such as direct investments in private companies, investments in private equity funds managed by unaffiliated asset managers, and investments in publicly listed private equity or business development companies. It may also invest in a portion of liquid assets, such as cash and cash equivalents, or fixed-income securities. The Fund offers three classes of shares and is available only to accredited investors and qualified clients.
News and Notices
Neuberger Berman
2021
'40 Act
Tender Offer CEF
USD
Quarterly
Monthly
1.50%
March 31
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Secondary Pricing
Capital Flows
Tender Offers
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
Notices
May 18, 2024
11:31
Redemptions
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Neuberger Private Markets Access Fund reported final tender offer results after expiration on June 26, 2026, accepting all tendered interests: 882,785 Institutional Class shares for $14.3 million and 221,476 Class A-2 shares for $3.5 million.
Jan 28, 2026
10:17
Redemptions
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Neuberger Private Markets Access Fund is offering to repurchase up to 5.00% of net assets, $125 million, at September 30, 2026 net asset value, with requests due September 25. Investors with accepted tenders receive at least 95% within 65 days.
May 20, 2024
16:41
Compliance
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Neuberger Private Markets Access Fund provided its 2026 fund notice report covering the period ended June 30, 2026, with no series reported.
Mar 04, 2025
12:25
Compliance
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Neuberger Berman-advised registered funds approved a joint fidelity bond providing $2.5 million per loss coverage for August 14, 2026 through August 14, 2027. Each fund receives a proportionate share of shared recoveries, subject to stated minimum coverage amounts.
Nov 30, 2025
16:02
Marketing Materials, Redemptions, Subscriptions
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Neuberger Private Markets Access Fund updated its prospectus for a continuous offering of Institutional, Class A-1 and Class A-2 shares, with $3 billion registered. Eligible investors face a $25,000 minimum and potential quarterly repurchases capped at 5% of net assets.
Jun 29, 2025
17:14
Marketing Materials, Subscriptions
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Neuberger Private Markets Access Fund updated its prospectus for a continuous offering of up to $3 billion across Institutional, Class A-1 and Class A-2 shares, and notes the fund changed its name in April 2026.
May 04, 2025
17:24
Redemptions
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NB Private Markets Access Fund reported final tender offer results after expiration on March 27, 2026: 525,321 Institutional Class interests and 545,745 Class A-2 interests were accepted and paid for $8.5 million and $8.6 million, respectively.
Dec 29, 2024
13:31
Redemptions
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NB Private Markets Access Fund is offering to repurchase up to 5.00% of net assets, or about $115.5 million, at June 30, 2026 net asset value. Tenders are due June 26, 2026, with at least 95% of proceeds payable within 65 days.
Aug 12, 2025
10:56
Redemptions
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NB Private Markets Access Fund LLC’s final amendment reports that its tender offer expired and that it accepted 328,886.19 Institutional Class Shares and 470,305.60 Class A-2 Shares, paying $4.7 million and $6.5 million, respectively, with a post-audit payment to follow. The offer targeted up to $95.5 million of Shares.
Sep 09, 2024
16:17
Marketing Materials, Personnel
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NB Private Markets Access Fund updated its prospectus to remove Brien Smith after he stepped down from Neuberger Berman’s private investments and co-investments committee and retired as Senior Adviser, leaving 12 Portfolio Managers.
Preview
News
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Partnerships
Distributors
Tender Offer CE Funds
Private Equity
North America
Neuberger's evergreen fund joins Crowd Street
Aug 13, 2026

Neuberger Private Markets Access Fund, a $2.5 billion tender offer fund targeting small- and mid-cap companies, allocated 17% of its capital to GP-led secondaries as of June.

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Managers
'40 Act in Focus: NB Private Markets Access Fund
Apr 28, 2025

SecondaryLink dives into NPMAF, unpacking the returns, share class performance, Q4 secondary investments, portfolio makeup, and other details of the Neuberger Berman-managed evergreen.

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Managers
'40 Act in Focus: NB Private Markets Access Fund
Jan 3, 2025

SecondaryLink dives into NPMAF, unpacking the returns, share class performance, secondary investments made, portfolio makeup, structure, and tenders of the Neuberger Berman-managed evergreen in Q3.

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Investments
Managers
Private Equity
NB Private Markets Access Fund makes four new secondary purchases in H1
Oct 2, 2024

SecondaryLink outlines the '40 Act fund's H1 returns, along with their secondary investments, estimated purchase prices, and more.

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Returns & Performance
Research & Stats
Returns Revealed: Evergreen funds
Aug 6, 2024

Seven '40 act funds that invest in secondaries were evaluated, outlining each of their one-year, since-inception, and weighted average returns across share classes.

Neuberger Private Markets Access Fund
Neuberger Berman is responsible for managing Neuberger Private Markets Access Fund.
Neuberger Private Markets Access Fund launched in 2021.
Neuberger Private Markets Access Fund is registered as a '40 Act fund.
Neuberger Private Markets Access Fund is structured as a Tender Offer CEF fund.
You can invest in Neuberger Private Markets Access Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Neuberger Private Markets Access Fund monthly, subject to eligibility and fund subscription deadlines.
You can redeem shares of Neuberger Private Markets Access Fund quarterly, subject to redemption limits and notice requirements.
Shares of Neuberger Private Markets Access Fund can be purchased in USD.
Neuberger Private Markets Access Fund's fiscal year end is March 31.
Neuberger Private Markets Access Fund's net asset value was $2,464.1 million and its portfolio had a fair value of $2,534.5 million as of June 30, 2026.
Among other deal types, Neuberger Private Markets Access Fund primarily makes Co-Investments.
Among other asset classes, Neuberger Private Markets Access Fund primarily invests in Coinvestment Fund Single Asset.
Among other regions, Neuberger Private Markets Access Fund primarily invests in North America.
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