0001145549-23-036949.txt : 20230614
0001145549-23-036949.hdr.sgml : 20230614
20230614141031
ACCESSION NUMBER: 0001145549-23-036949
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230331
FILED AS OF DATE: 20230614
DATE AS OF CHANGE: 20230614
EFFECTIVENESS DATE: 20230614
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: NB 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: 231013768
BUSINESS ADDRESS:
STREET 1: 325 NORTH SAINT PAUL STREET
STREET 2: 49TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 212-47-8800
MAIL ADDRESS:
STREET 1: 325 NORTH SAINT PAUL STREET
STREET 2: 49TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
FORMER COMPANY:
FORMER CONFORMED NAME: Excelsior Private Markets Fund II (TI), LLC
DATE OF NAME CHANGE: 20101202
FORMER COMPANY:
FORMER CONFORMED NAME: Excelsior Global Private Markets Fund II (TI), LLC
DATE OF NAME CHANGE: 20100914
N-CEN
1
primary_doc.xml
X0404
N-CEN
LIVE
0001501377
XXXXXXXX
true
true
false
N-2
NB 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 Alternatives 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
N
Y
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
NB Private Markets Fund II (TI) LLC
5493004MWN6HLMRWQS22
N
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
N
N
N
UMB Fund Services, Inc.
84-6025
N
N
N
Neuberger Berman BD LLC
8-01068
000002908
PWDS3JJ631D5N70JXG61
0.000000000000
0.000000000000
0.000000000000
N
1995705.000000000000
Other
LLC Interests
Other
N
N
N
N
N
N
0.000000000000
12.800000000000
N/A
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
NB Private Markets Fund II (TI) LLC:
In planning and performing our audit of the financial statements of
NB Private Markets Fund II (TI) LLC (the Company) as of and for
"the year ended March 31, 2023, 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 NCEN, 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, 2023."
This report is intended solely for the information and use of management and
the Board of Managers of NB 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 LLP
"Boston, Massachusetts"
5/26/2023