Managers/Private credit/Texas/NB Alternatives Advisers

NB Alternatives Advisers

NB Alternatives Advisers is a private credit and private equity manager in Dallas, TX. It is registered with the SEC as an investment adviser with $160.2B in regulatory assets and 417 staff. It has 31 funds on file.

Funds on file
31
Raised, all funds
$14.8B
Regulatory assets
$160.2B
Staff
417
Pension investors
8
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
NB Alternatives Distressed Credit Fund Ltd Private credit $65.2M Not given
NB Private Debt Fund B LP Private credit $0 Not given
NB Private Debt Fund III LP Private credit $503.6M Not given
NB Private Debt Fund III (Offshore Feeder) LP Private credit $221.5M Not given
NB Private Debt Fund II LP Private credit $402.2M Not given
NB Private Debt Fund LP Private credit $620.9M $620.9M
NB SPECIALTY FINANCE FUND LP Private credit $53.9M Not given
Aug 2026 NB Crossroads Fund 25 Onshore LP Private equity $274.6M Not given
Aug 2026 NB Crossroads Fund 25 Plan LP Private equity $69.5M Not given
Nov 2025 NB Secondary Opportunities Fund VI - G LP Private equity $0 Not given
Nov 2025 NB Secondary Opportunities Offshore Fund VI - G LP Private equity $0 Not given
Oct 2025 NB Secondary Opportunities Fund VI LP Private equity $0 Not given
Oct 2025 NB Secondary Opportunities Offshore Fund VI LP Private equity $0 Not given
Aug 2025 NB Private Debt Fund V (A) LP Private credit $1.2B Not given
Aug 2025 NB Private Debt Fund V Offshore Feeder (C) LP Private credit $495.2M Not given
Oct 2024 NB Strategic Capital II LP Private equity $1.4B Not given
Oct 2024 NB Strategic Capital Offshore II LP Private equity $353.8M Not given
Apr 2024 NB Specialty Finance Fund III LP Private credit $465.1M Not given
Dec 2023 NYC-NorthBound Emerging Managers Program II LP Private equity $0 Not given
Dec 2023 NB Crossroads Fund 24 Onshore LP Private equity $386.8M Not given
Dec 2023 NB Crossroads Fund 24 Plan LP Private equity $281.6M Not given
Mar 2023 NB Credit Opportunities Fund II LP Private credit $673M Not given
Mar 2023 NB Credit Opportunities II Cayman Feeder LP Private credit $140.5M Not given
Mar 2023 NB Credit Opportunities II Cayman LP Private credit $1.1B Not given
Aug 2022 NB Secondary Opportunities Fund V LP Private equity $3.4B Not given
Aug 2022 NB Secondary Opportunities Offshore Fund V LP Private equity $1.6B Not given
Nov 2021 NB Private Debt Fund IV (A) LP Private credit $618M Not given
Nov 2021 NB Private Debt Fund IV Offshore Feeder (C) LP Private credit $122.4M Not given
Apr 2021 NB Specialty Finance Fund II LP Private credit $0 Not given
Dec 2020 NB Crossroads Fund 23 Onshore LP Private equity $129.6M Not given
Dec 2020 NB Crossroads Fund 23 Plan LP Private equity $187.5M Not given

Adviser record

RegistrationRegistered with the SEC as an investment adviser.
Regulatory assets$160.2B
Employees417
Clients192 private funds, 61 insurers, 48 pension plans, 28 banks, 16 registered funds, 9 government, 9 sovereign wealth, 6 companies, 4 charities, 4 other advisers and 2 wealthy individuals.
Control personsBrien, Patrick Smith, Anthony, David Tutrone.
Private funds131 private funds holding $58.6B in gross assets.

Private funds it reports

FundTypeGross assets
NB Secondary Opportunities Fund V Private equity $5.2B
NB Ils Master Fund Hedge fund $2.4B
NB Private Debt Fund IV (A) Private equity $2.4B
NB Secondary Opportunities Fund IV Private equity $2.3B
NB Strategic Co-investment Partners Iii Holdings Private equity $2B
NB Credit Opportunities II Cayman Private equity $2B
Almanac Realty Securities Viii Private equity $1.8B
NB Strategic Co-investment Partners IV Private equity $1.8B
NB Agi PE Portfolio II Fund Private equity $1.7B
NB Select Opps IV MHF Private equity $1.6B
Nbfof Xxii - Holdings Private equity $1.6B
NB Strategic Capital Private equity $1.6B
NB Select Opps V MHF Private equity $1.5B
NB Specialty Finance Fund II Private equity $1.5B
Almanac Realty Securities IX Private equity $1.5B