0001145549-21-035788.txt : 20210611 0001145549-21-035788.hdr.sgml : 20210611 20210611111110 ACCESSION NUMBER: 0001145549-21-035788 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210611 DATE AS OF CHANGE: 20210611 EFFECTIVENESS DATE: 20210611 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NB Crossroads Private Markets Fund V (TI) LP CENTRAL INDEX KEY: 0001714708 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-23290 FILM NUMBER: 211010295 BUSINESS ADDRESS: STREET 1: 325 NORTH SAINT PAUL STREET STREET 2: 49TH FLOOR CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: (212) 476-8800 MAIL ADDRESS: STREET 1: 325 NORTH SAINT PAUL STREET STREET 2: 49TH FLOOR CITY: DALLAS STATE: TX ZIP: 75201 N-CEN 1 primary_doc.xml X0303 N-CEN LIVE 0001714708 XXXXXXXX true true false N-2 NB Crossroads Private Markets Fund V (TI) LP 811-23290 0001714708 549300LF50INXIE85V18 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 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 NB Crossroads Private Markets Fund V (TI) LP 549300LF50INXIE85V18 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 107397943.000000000000 Other LP Interests Other N N N N N N 1.000000000000 2.100000000000 N/A 0 true INTERNAL CONTROL RPT 2 internalcontrolrpt_pmfvti.txt INTERNAL CONTROL REPORT Report of Independent Registered Public Accounting Firm To the Members and Board of Directors NB Crossroads Private Markets Fund V (TI) LP: In planning and performing our audit of the financial statements of NB Crossroads Private Markets Fund V (TI) LP (the Company) as of and for the year ended March 31, 2021, 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, 2021. This report is intended solely for the information and use of management and the Board of Directors of NB Crossroads Private Markets Fund V (TI) LP 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 May 28, 2021