EDGAR Verified
Primary Source · SEC.gov

NB Catastrophe Bond Fund Cayman LP

Fund Vehicle2026 vintage506(b), 3(c)
Latest signalFirst saleForm D/A · 2026-02-095 events: 1 first sale, 1 sold increased, 1 investors increasedLast filing 2026-02-09

Raised

$250M

Investors

7

Min Invest

$100,000

AltStreet Analysis

·

Generated from EDGAR primary sources

NB Catastrophe Bond Fund Cayman LP is an insurance-linked pooled investment fund managed by NB Alternatives Advisers LLC, filed as an amended Form D reporting $250.5M raised from 7 investors under Rule 506(b) and Section 3(c) exemptions. The offering requires a $100K minimum investment and is domiciled in the Cayman Islands. This vehicle is part of the NB Catastrophe Bond Fund platform focused on catastrophe bond exposure.

This insurance-linked securities fund operates with an institutional structure typical of catastrophe bond vehicles—Cayman domicile, 506(b) private placement, and a relatively accessible $100K minimum that is lower than many institutional cat bond funds. The seven-investor base and $250.5M in commitments suggest meaningful per-investor allocations averaging approximately $35.8M, consistent with qualified purchaser or institutional investor participation common in this asset class.

Data Flags

generalOffshore domicile (Cayman Islands) filing U.S. Form D indicates cross-border structure, typical for insurance-linked securities vehicles but noteworthy for regulatory and tax considerations
first_sale_dateFirst sale date not disclosed on this amended filing with $250.5M already raised; common for large institutional amendments but limits vintage transparency

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002024772
Entity NameNB Catastrophe Bond Fund Cayman LP
ExemptionRule 506(b), Section 3(c), Section 3(c)(7)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeLimited Partnership
Jurisdiction of OrganizationCayman Islands
Issuer Address1290 Avenue of the Americas, 23rd Floor, New York, NY 10104
Phone(212) 476-9000
Industry / Fund TypePooled Investment Fund · Hedge Fund
Investment Company ActExcluded under Section 3(c)(7) (qualified purchasers only)
Securities TypePooled Investment Fund
First Sale Date—
Filing DateFebruary 9, 2026
Accession Number0002024772-26-000001
Total Offering AmountIndefinite
Total Amount Sold$250,453,926
Total Investors7
Non-Accredited InvestorsNone
Minimum Investment$100,000
Offering DurationIntended to last more than one year
Sales Commissions$0 (to Neuberger Berman BD LLC)
Finders' Fees$0
Net Asset Value RangeDecline to Disclose
State (Issuer Address)NY
Amendment Count1 amendments filed

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

Capital Raise Timeline

2 Form D filings from Oct 25, 2024 to Feb 9, 2026, the latest a D/A.

Checking access…

Fund Family

Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.

Fund family

NB Catastrophe Bond Fund2 vehicles · 0 generations · since 2024 · $339.4M sold across the family

VehicleRoleFirst filedStatusSoldInvestors
Unnumbered · first filed 2024-10-25 · 2 vehicles · $339.4M sold · 15 investors
NB Catastrophe Bond Fund Cayman LPthis issuercayman2024-10-25raising$250.5M7
NB Catastrophe Bond Fund LP2024-10-25raising$89.0M8

Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.

In the Terminal

Filing events

5

latest Feb 9, 2026

Critical / warning

0 / 1

2 watch · 2 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

raising

Latest event First sale · Feb 9, 2026

SEC.gov
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Investor

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  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Regulatory Activity

Filing events on this entity detected by AltStreet's EDGAR monitoring.

Feb 2026Form D amendment
SEC.gov
Feb 2026Form D amendment
SEC.gov

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Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

N/A NB Alternatives Advisers LLC

Promoter · Dallas, TX

David Kupperman

Executive Officer · New York, NY

Peter DiFiore

Executive Officer · New York, NY

Cedric Drui

Executive Officer · New York, NY

Sophie Ware

Executive Officer · London, X0

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

Neuberger Berman BD LLCCRD 2908 on BrokerCheck

Associated broker-dealer: None · New York, NY · Soliciting in all states

Questions About NB Catastrophe Bond Fund Cayman LP

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is NB Catastrophe Bond Fund Cayman LP?

NB Catastrophe Bond Fund Cayman LP is a Cayman Islands limited partnership that filed a Form D with the SEC on February 9, 2026 as a hedge fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests. AltStreet links the issuer to NB Catastrophe Bond Fund Cayman LP.

Is NB Catastrophe Bond Fund Cayman LP legit?

AltStreet does not rate legitimacy; it reports the public record. NB Catastrophe Bond Fund Cayman LP filed a Form D with the SEC on February 9, 2026 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $250,453,926 sold to 7 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to NB Catastrophe Bond Fund Cayman LP, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is NB Catastrophe Bond Fund Cayman LP registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that NB Catastrophe Bond Fund Cayman LP claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has NB Catastrophe Bond Fund Cayman LP raised?

NB Catastrophe Bond Fund Cayman LP reported $250,453,926 sold from 7 investors in an offering of indefinite size as of the Form D filed February 9, 2026.

Who can invest in NB Catastrophe Bond Fund Cayman LP?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $100,000.

What is the minimum investment in NB Catastrophe Bond Fund Cayman LP?

The Form D lists $100,000 as the minimum investment accepted from any outside investor as of February 9, 2026. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling NB Catastrophe Bond Fund Cayman LP and how are they paid?

The Form D names Neuberger Berman BD LLC (CRD 2908), associated with None as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Who is behind NB Catastrophe Bond Fund Cayman LP?

The Form D lists 5 related persons: NB Alternatives Advisers LLC, promoter (Investment Adviser); David Kupperman, executive officer; Peter DiFiore, executive officer; Cedric Drui, executive officer; Sophie Ware, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is NB Catastrophe Bond Fund Cayman LP located?

The issuer's address on its SEC filings is 1290 Avenue of the Americas, 23rd Floor, New York, NY 10104. Its phone number of record is (212) 476-9000. It is organized under the laws of Cayman Islands.

How long is the NB Catastrophe Bond Fund Cayman LP offering open?

The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.

How large is NB Catastrophe Bond Fund Cayman LP?

The issuer declined to disclose its net asset value range on the Form D, which the form permits.

Is this your offering?

Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.

Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.