0001145549-19-017393.txt : 20190614
0001145549-19-017393.hdr.sgml : 20190614
20190614142816
ACCESSION NUMBER: 0001145549-19-017393
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20190331
FILED AS OF DATE: 20190614
DATE AS OF CHANGE: 20190614
EFFECTIVENESS DATE: 20190614
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Excelsior Private Markets Fund II (TI), LLC
CENTRAL INDEX KEY: 0001501377
IRS NUMBER: 273419387
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-22475
FILM NUMBER: 19898543
BUSINESS ADDRESS:
STREET 1: 100 FEDERAL STREET
CITY: BOSTON
STATE: MA
ZIP: 02110
BUSINESS PHONE: 866-921-7951
MAIL ADDRESS:
STREET 1: 100 FEDERAL STREET
CITY: BOSTON
STATE: MA
ZIP: 02110
FORMER COMPANY:
FORMER CONFORMED NAME: Excelsior Global Private Markets Fund II (TI), LLC
DATE OF NAME CHANGE: 20100914
N-CEN
1
primary_doc.xml
X0201
N-CEN
LIVE
0001501377
XXXXXXXX
true
true
false
N-2
Excelsior Private Markets Fund II (TI), LLC
811-22475
0001501377
5493004MWN6HLMRWQS22
325 North Saint Paul Street
49th Floor
Dallas
75201
US-TX
US
2124768800
Neuberger Berman Investment Advisers LLC
1290 Avenue of the Americas
New York
10104
2124768800
Investment Advisor
NB Aternatives Advisers LLC
325 North Saint Paul Street
49th Floor
Dallas
75201
2124768800
Sub-Adviser
UMB Fund Services, Inc.
235 West Galena Street
Milwaukee
53212
4142992000
Transfer Agent, Fund Accountant and Administrator
UMB Bank, N.A.
928 Grand Boulevard, 5th Floor
Kansas City
64106
4142992000
Custodian
Y
N
N-2
N
Alan Brott
N/A
N
Victor F. Imbimbo
N/A
N
Stephen V. Murphy
N/A
N
Virginia G. Breen
N/A
N
Thomas F. McDevitt
N/A
N
Thomas G. Yellin
N/A
N
Savonne Ferguson
N/A
1290 Avenue of the Americas
New York
10104
XXXXXX
N
N
N
N
N
N
N
N
KPMG LLP
00185
N/A
N
N
N
N
N
N
N
Excelsior Private Markets Fund II (TI), LLC
5493004MWN6HLMRWQS22
Y
Y
N
N
N
N/A
N/A
N/A
N/A
N
N
N
N
Neuberger Berman Investment Advisers LLC
801-61757
000124687
8PSZVUUKYGCPW2RDO373
N
NB Alternatives Advisers LLC
801-70009
000149822
549300DBQULCAC1K1E25
Y
N
UMB Fund Services, Inc.
84-6025
N/A
N
N
N
N
UMB Bank N.A.
VNOO6EITDJ2YUEBMSZ83
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
UMB Fund Services, Inc.
84-6025
SEC File Number
N
N
N
UMB Fund Services, Inc.
84-6025
SEC File Number
N
N
N
Neuberger Berman BD LLC
8-01068
000002908
PWDS3JJ631D5N70JXG61
0.000000000000
0.000000000000
0.000000000000
N
53419398.000000000000
Other
LLC Interests
Other
N
N
N
N
N
N
1.600000000000
2.000000000000
0.000000000000
0.000000000000
true
INTERNAL CONTROL RPT
2
internalcontrolrpt_epmfiiti.txt
INTERNAL CONTROL REPORT
Report of Independent Registered Public Accounting Firm
To the Members and Board of
Managers Excelsior Private
Markets Fund II (TI), LLC:
In planning and performing our audit of the financial statements of Excelsior
Private Markets Fund II (TI), LLC (the Company) as of and for the year ended
March 31, 2019, in accordance with the standards of the Public Company
Accounting Oversight Board (United States), we considered the Company's
internal control over financial reporting, including controls over safeguarding
securities, as a basis for designing our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-CEN, but not for the purpose of expressing an opinion on
the effectiveness of the Company's internal control over financial reporting.
Accordingly, we express no such opinion.
Management of the Company is responsible for establishing and maintaining
effective internal control over financial reporting. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of controls. A company's internal control
over financial reporting is a process designed to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted
accounting principles. A company's internal control over financial reporting
includes those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the
transactions and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary to permit
preparation of financial statements in accordance with generally accepted
accounting principles, and that receipts and expenditures of the company are
being made only in accordance with authorizations of management and directors of
the company; and (3) provide reasonable assurance regarding prevention or timely
detection of unauthorized acquisition, use or disposition of a company's assets
that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial reporting
may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may
become inadequate because of changes in conditions, or that the degree of
compliance with the policies or procedures may deteriorate.
A deficiency in internal control over financial reporting exists when the design
or operation of a control does not allow management or employees, in the normal
course of performing their assigned functions, to prevent or detect
misstatements on a timely basis. A material weakness is a deficiency, or
combination of deficiencies, in internal control over financial reporting, such
that there is a reasonable possibility that a material misstatement of the
Company's annual or interim financial statements will not be prevented or
detected on a timely basis.
Our consideration of the Company's internal control over financial reporting was
for the limited purpose described in the first paragraph and would not
necessarily disclose all deficiencies in internal control that might be material
weaknesses under standards established by the Public Company Accounting
Oversight Board (United States). However, we noted no deficiencies in the
Company's internal control over financial reporting and its operation, including
controls over safeguarding securities that we consider to be a material weakness
as defined above as of March 31, 2019.
This report is intended solely for the information and use of management and the
Board of Managers of Excelsior Private Markets Fund II (TI), LLC and the
Securities and Exchange Commission and is not intended to be and should not be
used by anyone other than these specified parties.
/S/ KPMG
Boston, Massachusetts
May 30, 2019