# EDGAR Filing Document

**Accession Number:** 0001669382
**File Stem:** 0001104659-25-119143
**Filing Date:** 2025-12
**Character Count:** 78624
**Document Hash:** d417b98f38392ce20e0b09d91cd770fd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-119143.hdr.sgml**: 20251208

**ACCESSION NUMBER**: 0001104659-25-119143

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251208

**DATE AS OF CHANGE**: 20251208

**EFFECTIVENESS DATE**: 20251208

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NB Crossroads Private Markets Fund IV Holdings LLC
- **CENTRAL INDEX KEY:** 0001669382

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23176
- **FILM NUMBER:** 251554925

**BUSINESS ADDRESS:**
- **STREET 1:** C/O NEUBERGER BERMAN INVESTMENT ADVISERS
- **STREET 2:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104
- **BUSINESS PHONE:** 800-223-6448

**MAIL ADDRESS:**
- **STREET 1:** C/O NEUBERGER BERMAN INVESTMENT ADVISERS
- **STREET 2:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM N-CSR**

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED**

**MANAGEMENT INVESTMENT COMPANIES**

Investment Company Act file number <u>811-23176</u> 

NB Crossroads Private Markets Fund IV Holdings LLC

(Exact name of registrant as specified in charter)

325 North Saint Paul Street

49<sup>th</sup> Floor

Dallas, TX 75201

(Address of principal executive offices) (Zip code)

David Morse, Vice President

Neuberger Berman Investment Advisers LLC

1290 Avenue of the Americas

New York, NY 10104

(Name and address of agent for service)

Registrant's telephone number, including area code: <u>1-212-476-8800</u> 

Date of fiscal year end: <u>March 31</u> 

Date of reporting period: <u>September 30, 2025</u> 

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

**Item 1. Reports to Stockholders.** 

(a) **NB Crossroads Private Markets Fund IV Holdings LLC**

**Financial Statements**

**(Unaudited)**

**For the six months ended September 30, 2025**

**NB Crossroads Private Markets Fund IV Holdings LLC**

**For the six months ended September 30, 2025**

---

| | |
|:---|:---|
| **Index** | **Page No.** |

---

---

| | |
|:---|:---|
| FINANCIAL INFORMATION (Unaudited) |  |
| [Statement of Assets, Liabilities and Members' Equity – Net Assets](#v_001) | [1](#v_001) |
| [Schedule of Investments](#v_002) | [2 – 3](#v_002) |
| [Statement of Operations](#v_003) | [4](#v_003) |
| [Statements of Changes in Members' Equity – Net Assets](#v_004) | [5](#v_004) |
| [Statement of Cash Flows](#v_005) | [6](#v_005) |
| [Financial Highlights](#v_006) | [7](#v_006) |
| [Notes to the Financial Statements](#v_007) | [8 – 18](#v_007) |
| [Supplemental Information](#v_008) | [19](#v_008) |
| [Advisory and Sub-Advisory Agreement Approval](#v_009) | [20 – 21](#v_009) |

---

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Statement of Assets, Liabilities and Members' Equity – Net Assets**

**As of September 30, 2025 (Unaudited)**

---

| | |
|:---|:---|
| **Assets** |  |
| Investments, at fair value (cost $167,930,824) | $323027619 |
| Receivable from investment | 2267865 |
| Interest receivable | 34257 |
| Prepaid insurance | 26479 |
| **Total Assets** | $325356220 |
| **Liabilities** |  |
| Advisory fees payable | $250728 |
| Tax preparation fees payable | 125040 |
| Due to Affiliate | 123467 |
| Administration service fees payable | 89648 |
| Professional fees payable | 28148 |
| Other payables | 558 |
| **Total Liabilities** | $617589 |
| Commitments and contingencies (Note 5) |  |
| **Members' Equity - Net Assets** | $324738631 |
| Units of Membership Interests outstanding (unlimited units authorized) | 1475657.81 |
| **Net Asset Value Per Unit** | $220.06 |

---

The accompanying notes are an integral part of these financial statements.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Schedule of Investments**

**September 30, 2025 (Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments / Co-investments <sup>(A),(B),(C)</sup>** | **Acquisition Type** | **Acquisition Dates <sup>(D)</sup>** | **Geographic Region <sup>(E)</sup>** | **Cost** | **Fair Value** |
| **Large-cap Buyout (22.46%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BC European Capital X - Betty Co-Investment (1) LP | Co-investment | 01/2019-10/2022 | North America | $407730 | $2159502 |
| &nbsp;&nbsp;&nbsp;&nbsp;BC European Capital X - Hulk Co-Investment (1) LP | Co-investment | 07/2018-10/2022 | North America | 960195 | 4876115 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carlyle Partners VII, L.P. | Primary | 12/2018-07/2025 | North America | 7961335 | 13126668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clayton, Dubilier & Rice Fund X, L.P. | Primary | 03/2018-11/2024 | North America | 4306413 | 7070170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cortefiel Co-Invest SCSp | Co-investment | 10/2017-05/2022 | Europe | 534501 | 971242 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVC Capital Partners VII, L.P. | Primary | 12/2018-11/2024 | Europe | 5257371 | 14774795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gorilla Aggregator L.P. <sup>(F)</sup> | Co-investment | 10/2017 | North America | 1583511 | 5486611 |
| &nbsp;&nbsp;&nbsp;&nbsp;KKR Byzantium Infrastructure Co-Invest L.P. | Co-investment | 10/2017 | Europe | 1384788 | 2373123 |
| &nbsp;&nbsp;&nbsp;&nbsp;KKR Taurus Co-Invest II L.P. | Co-investment | 10/2017-11/2017 | North America | 125598 | 107113 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLP Blue Co-Invest, L.P. | Co-investment | 06/2018-05/2022 | North America | 1805947 | 3125567 |
| &nbsp;&nbsp;&nbsp;&nbsp;THL Equity Fund VIII Investors (Agiliti), L.P. | Co-investment | 01/2019-07/2021 | North America | 2977929 | 5055458 |
| &nbsp;&nbsp;&nbsp;&nbsp;TPG Healthcare Partners, L.P. | Primary | 12/2019-04/2025 | North America | 1742679 | 2290172 |
| &nbsp;&nbsp;&nbsp;&nbsp;TPG Partners VIII, L.P. | Primary | 12/2019-05/2025 | North America | 6733525 | 11533512 |
|  |  |  |  | 35781522 | 72950048 |
| **Small and Mid-cap Buyout (39.03%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BC Holdco, LLC | Co-investment | 11/2017-02/2023 | North America | 1774542 | 6160353 |
| &nbsp;&nbsp;&nbsp;&nbsp;ByLight InvestCo LP | Co-investment | 05/2017-02/2023 | North America |  | 5250779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charlesbank Equity Fund IX, L.P. | Primary | 07/2018-06/2024 | North America | 5781766 | 12510631 |
| &nbsp;&nbsp;&nbsp;&nbsp;CHG PPC Investor LLC | Co-investment | 03/2018 | North America | 570715 | 4432935 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQT Mid Market Europe, L.P. | Primary | 08/2017-06/2024 | Europe | 2280811 | 5734757 |
| &nbsp;&nbsp;&nbsp;&nbsp;EXC Holdings LP <sup>(F)</sup> | Co-investment | 11/2017-12/2022 | North America | 616454 | 1808091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Further Global Capital Partners, L.P. | Primary | 03/2018-04/2025 | North America | 10010266 | 13542733 |
| &nbsp;&nbsp;&nbsp;&nbsp;JLL MedPlast Topco, L.P. | Co-investment | 06/2018 | North America | 1640000 | 4920000 |
| &nbsp;&nbsp;&nbsp;&nbsp;KKR Global Infrastructure Investors III L.P. | Primary | 12/2018-09/2025 | North America | 5045533 | 8131590 |
| &nbsp;&nbsp;&nbsp;&nbsp;MCH Iberian Capital Fund IV, F.C.R. | Secondary | 05/2017-09/2024 | Europe | 2301337 | 5698388 |
| &nbsp;&nbsp;&nbsp;&nbsp;MHS Acquisition Holdings, LLC <sup>(F)</sup> | Co-investment | 03/2017-12/2019 | North America | 1046584 | 947795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Milani Aggregator LLC <sup>(F)</sup> | Co-investment | 06/2018-08/2021 | North America | 1699440 | 2741914 |
| &nbsp;&nbsp;&nbsp;&nbsp;NB Soho LP (TRG Growth Fund II) | Secondary | 06/2017-04/2022 | North America |  | 172945 |
| &nbsp;&nbsp;&nbsp;&nbsp;NB Verrocchio LP | Co-investment | 06/2018-05/2022 | South America | 3368022 | 1180769 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oak Hill Capital Partners IV, L.P. | Primary | 05/2017-03/2024 | North America |  | 40328 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPC Fund II, L.P. | Primary | 04/2018-07/2025 | North America | 8750717 | 13938755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rockbridge Portfolio Fund I L.P. | Secondary | 12/2018-06/2021 | North America | 1090237 | 2732087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silver Creek Midstream Coinvest LP | Co-investment | 06/2018-11/2019 | North America | 2068539 | 3305968 |
| &nbsp;&nbsp;&nbsp;&nbsp;THL Equity Fund VII Investors (MHS), L.P. | Co-investment | 04/2017-09/2022 | North America | 1120597 | 3220377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veritas Capital Fund VI, L.P. | Primary | 06/2017-07/2024 | North America | 3518790 | 6912071 |
| &nbsp;&nbsp;&nbsp;&nbsp;VSC RST Holdco, L.P. <sup>(F)</sup> | Co-investment | 08/2017-08/2021 | North America |  | 11408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Webster Capital IV, L.P. | Primary | 07/2018-06/2023 | North America | 6259404 | 12616567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wind Point Partners CV1, L.P. | Secondary | 09/2018-10/2019 | North America | 16264 | 174632 |
| &nbsp;&nbsp;&nbsp;&nbsp;WR Environmental Aggregator LLC <sup>(F)</sup> | Co-investment | 04/2017-02/2022 | North America | 1148240 | 1584571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wrigley Co-Invest, L.P. | Co-investment | 06/2018-10/2018 | North America | 2350120 | 8974289 |
|  |  |  |  | 62458378 | 126744733 |

---

The accompanying notes are an integral part of these financial statements.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Schedule of Investments**

**September 30, 2025 (Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments / Co-investments <sup>(A),(B),(C)</sup>** | **Acquisition Type** | **Acquisition Dates <sup>(D)</sup>** | **Geographic Region <sup>(E)</sup>** | **Cost** | **Fair Value** |
| **Special Situations (16.40%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Investment Fund IX, L.P. | Primary | 03/2019-06/2025 | North America | 2701721 | 4212317 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cerberus Institutional Partners VI, L.P. | Primary | 04/2017-12/2019 | North America | 4119232 | 9051852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diligere Co-Investment Partners, LLC | Co-investment | 02/2018-10/2022 | North America | 1306716 | 3368748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Epiris Fund II L.P. | Primary | 05/2018-11/2023 | Europe | 7803769 | 13861784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lantern Capital Partners Fund I (A), L.P | Primary | 04/2018-02/2021 | North America | 2430377 | 1203963 |
| &nbsp;&nbsp;&nbsp;&nbsp;NB Arch LP | Co-investment | 09/2017-06/2022 | North America | 837210 | 4418872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Runner Topco L.P. <sup>(F)</sup> | Co-investment | 04/2018 | North America | 132049 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sycamore Partners III, L.P. | Primary | 01/2018-08/2025 | North America | 10945677 | 17155237 |
|  |  |  |  | 30276751 | 53272773 |
| **Venture Capital (17.49%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alsop Louie Capital IV L.P. | Primary | 11/2017-05/2025 | North America | 5199667 | 5622394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Battery Ventures XII, L.P. | Primary | 03/2018-08/2021 | North America | 1765824 | 3863062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Battery XII Side Fund, L.P. | Primary | 03/2018-08/2021 | North America | 714066 | 1649453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canaan XI L.P. | Primary | 01/2018-02/2023 | North America | 4322992 | 8883235 |
| &nbsp;&nbsp;&nbsp;&nbsp;DFJ Growth III, L.P. | Primary | 05/2017-09/2023 | North America | 3419634 | 9311332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hosen Capital Fund III, L.P. | Primary | 04/2017-09/2019 | Asia | 1984197 | 4258406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Menlo Ventures XIV, L.P. | Primary | 10/2017-06/2022 | North America | 2521288 | 6572742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Summit Partners Europe Growth Equity Fund II, SCSp | Primary | 01/2018-11/2023 | Europe | 2699261 | 11705007 |
| &nbsp;&nbsp;&nbsp;&nbsp;TPG Tech Adjacencies, L.P. | Primary | 06/2019-03/2023 | North America | 3508618 | 4915808 |
|  |  |  |  | 26135547 | 56781439 |

---

---

| | | |
|:---|:---|:---|
| **Short Term Investments** | **Cost** | **Fair Value** |
| **Money Market Fund (4.09%)** |  |  |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Institutional Liquidity Fund Government Portfolio <sup>(G)</sup> | 13278626 | 13278626 |
|  | 13278626 | 13278626 |
| &nbsp;&nbsp;&nbsp;Total Investments in Portfolio Funds (cost $167,930,824) (99.47%) |  | 323027619 |
| &nbsp;&nbsp;&nbsp;Other Assets & Liabilities (Net) (0.53%) |  | 1711012 |
| &nbsp;&nbsp;&nbsp;Members' Equity - Net Assets (100.00%) |  | $324738631 |

---

(A) Non-income producing securities, which are restricted
 as to public resale and illiquid.

(B) Total cost of illiquid and
 restricted securities at September 30, 2025 aggregated $154,652,198. Total fair value of illiquid and restricted securities at September
 30, 2025 was $309,748,993 or 95.38% of net assets.

(C) All percentages are calculated as fair value divided
 by the Company's Members' Equity - Net Assets.

(D) Acquisition Dates cover from original investment
 date to the last acquisition date and is required disclosure for restricted securities only.

(E) Geographic Region is based on where a Portfolio
 Fund is headquartered and may be different from where the Portfolio Fund invests.

(F) The fair value of the investment was determined
 using a significant unobservable input.

(G) The rate is 3.94%, the annualized seven-day yield
 as of September 30, 2025.

The accompanying notes are an integral part of these financial statements.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Statement of Operations**

**For the** **six months ended September 30, 2025 (Unaudited)**

---

| | |
|:---|:---|
| **Investment Income:** |  |
| Interest income | $185810 |
| **Total Investment Income** | 185810 |
| **Operating Expenses:** |  |
| Advisory fees | 501456 |
| Administration service fees | 186634 |
| Audit fees | 89100 |
| Independent Managers' fees | 81719 |
| Tax preparation fees | 70356 |
| Insurance expense | 18817 |
| Professional fees | 16880 |
| Other expenses | 59747 |
| **Total Operating Expenses** | 1024709 |
| **Net Investment Loss** | (838899) |
| **Net Realized and Change in Unrealized Gain on Investments (Note 2)** |  |
| Net realized gain on investments | 15758814 |
| Net change in unrealized appreciation on investments | (10272723) |
| **Net Realized and Change in Unrealized Gain on Investments** | 5486091 |
| **Net Increase in Members' Equity – Net Assets Resulting from Operations** | $4647192 |

---

The accompanying notes are an integral part of these financial statements.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Statement of Changes in Members' Equity – Net Assets**

For the year ended March 31, 2025 (Audited)

---

| | | | |
|:---|:---|:---|:---|
|  | Members' Equity | Special Member | Total |
| Members' committed capital | $330959751 | $3344543 | $334304294 |
| Members' equity at April 1, 2024 | $386351917 | $3919239 | $390271156 |
| Capital distributions | (68304604) | (685631) | (68990235) |
| Net investment loss | (1987689) | (20088) | (2007777) |
| Net realized gain on investments | 29191161 | 294994 | 29486155 |
| Net change in unrealized appreciation on investments | (6514739) | (65835) | (6580574) |
| Members' equity at March 31, 2025 | $338736046 | $3442679 | $342178725 |

---

For the six months ended September 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | Members' Equity | Special Member | Total |
| Members' committed capital | $330959751 | $3344543 | $334304294 |
| Members' equity at April 1, 2025 | $338736046 | $3442679 | $342178725 |
| Capital distributions | (21869891) | (217395) | (22087286) |
| Net investment loss | (830506) | (8393) | (838899) |
| Net realized gain on investments | 15601155 | 157659 | 15758814 |
| Net change in unrealized appreciation on investments | (10169950) | (102773) | (10272723) |
| Members' equity at September 30, 2025 | $321466854 | $3271777 | $324738631 |

---

The accompanying notes are an integral part of these financial statements.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Statement of Cash Flows**

**For the** **six months ended September 30, 2025 (Unaudited)**

---

| | |
|:---|:---|
| **CASH FLOWS FROM OPERATING ACTIVITIES** |  |
| Net change in Members' Equity – Net Assets resulting from operations | $4647192 |
| Adjustments to reconcile net change in Members' Equity – Net Assets resulting from operations to net cash provided by operating activities: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchases of investments | (5392418) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds received from of investments | 28530382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized (gain) loss on investments | (15758814) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized (appreciation) depreciation on investments | 10272723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net purchases and sales of short term investments | (726975) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changes in assets and liabilities related to operations |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Increase) decrease in interest receivable | (1797) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Increase) decrease in prepaid insurance | (11576) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in tax preparation fees payable | 125040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in due to Affiliate | 7635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in administration service fees payable | (3045) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in professional fees payable | (138683) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in other payables | (160) |
| **Net cash provided by (used in) operating activities** | 21549504 |
| **CASH FLOWS FROM FINANCING ACTIVITIES** |  |
| Distributions to Members | (22087286) |
| **Net cash provided by (used in) financing activities** | (22087286) |
| Net change in cash and cash equivalents | (537782) |
| Cash and cash equivalents at beginning of the period | 537782 |
| **Cash and cash equivalents at end of the period** | $- |
| **Noncash activities** |  |
| &nbsp;&nbsp;&nbsp;Distributions totaling $357,507 were made to the TE Fund and the Offshore Fund |  |
| &nbsp;&nbsp;&nbsp;for taxes paid and/or accrued on behalf of the TE Fund and Offshore Fund. |  |

---

The accompanying notes are an integral part of these financial statements.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Financial Highlights**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | For the six months<br> ended September 30,<br> 2025 (Unaudited) | For the year ended<br> March 31, 2025 | For the year ended <br> March 31, 2024 | For the year ended <br> March 31, 2023 | For the year ended <br> March 31, 2022 | For the year ended <br> March 31, 2021 |
| Per Unit Operating Performance (1) |  |  |  |  |  |  |
| NET ASSET VALUE, BEGINNING OF PERIOD | $231.88 | $264.47 | $271.47 | $299.45 | $264.96 | $177.13 |
| INCOME FROM INVESTMENT OPERATIONS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment loss | (0.57) | (1.36) | (0.84) | (1.14) | (1.40) | (1.43) |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain on investments | 3.72 | 15.52 | 11.12 | 6.36 | 76.84 | 89.42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 3.15 | 14.16 | 10.28 | 5.22 | 75.44 | 87.99 |
| DISTRIBUTIONS TO MEMBERS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net change in Members' Equity - Net Assets due to distributions to Members | (14.97) | (46.75) | (17.28) | (33.20) | (40.95) | (0.16) |
| NET ASSET VALUE, END OF PERIOD | $220.06 | $231.88 | $264.47 | $271.47 | $299.45 | $264.96 |
| TOTAL NET ASSET VALUE RETURN (1), (2), (3) | 1.34% | 5.74% | 3.85% | 2.03% | 28.90% | 49.69% |
| RATIOS AND SUPPLEMENTAL DATA: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Members' Equity - Net Assets, end of period in thousands (000's) | $324739 | $342179 | $390271 | $400602 | $441884 | $390985 |
| &nbsp;&nbsp;&nbsp;Ratios to Average Members' Equity - Net Assets: (4), (5) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expenses | 0.61% | 0.80% | 0.74% | 0.80% | 0.69% | 0.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net investment loss | (0.50)% | (0.56)% | (0.31)% | (0.46)% | (0.49)% | (0.71)% |
| &nbsp;&nbsp;&nbsp;Portfolio Turnover Rate (6) | 1.67% | 1.63% | 2.92% | 5.42% | 10.23% | 9.36% |
| INTERNAL RATES OF RETURN: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Internal Rate of Return (7) | 15.84% | 16.49% | 17.83% | 20.34% | 24.57% | 23.18% |

---

(1) Selected data for a unit of Membership Interest outstanding throughout each period.

(2) Total investment return, based on per unit net asset value, reflects the changes in net asset value based on the effects of organizational costs, the performance of the Company during the period and assumes distributions, if any, were reinvested. The Company's units are not traded in any market; therefore, the market value total investment return is not calculated.

(3) Total return and the ratios to average members' equity - net assets is calculated for the Company taken as a whole.

(4) Ratios do not reflect the Company's proportional share of the net investment income (loss) and expenses, including any performance-based fees, of the Portfolio Funds.

(5) For the six months ended September 30, 2025, the ratios are annualized.

(6) Proceeds received from investments are included in the portfolio turnover rate.

(7) The Internal Rate of Return is computed based on the actual dates of the cash inflows and outflows since inception and the ending net assets at the end of the period as of each measurement date.

The accompanying notes are an integral part of these financial statements.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

**1. Organization**

NB Crossroads Private Markets Fund IV Holdings LLC (the "Company") is a diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act"). The Company was organized as a Delaware limited liability company on November 10, 2015. The Company commenced operations on November 15, 2016. The duration of the Company is ten years from the final subscription closing date (the "Final Closing"), which occurred on August 7, 2017, subject to two two-year extensions which may be approved by the Board of Managers of the Company (the "Board" or the "Board of Managers"). Thereafter, the term of the Company may be extended by consent of a majority-in-interest of its Members as defined in the Company's limited liability company agreement (the "LLC Agreement").

The Company's investment objective is to provide attractive risk-adjusted returns. The Company seeks to achieve its objective by investing in a diversified global portfolio of high quality third- party private equity funds ("Portfolio Funds") including secondary investments in underlying Portfolio Funds acquired from investors in such Portfolio Funds (each, a "Secondary Investment") pursuing investment strategies in small and mid-cap buyout, large-cap buyout, special situations (primarily distressed-oriented strategies), and venture and growth capital, and by co-investing directly in portfolio companies alongside Portfolio Funds and other private equity firms (each, a "Co-Investment"). Neither the Company nor the Registered Investment Adviser (as defined below) guarantees any level of return or risk on investments and there can be no assurance that the Company will achieve its investment objective. The Portfolio Funds are not registered as investment companies under the 1940 Act.

NB Crossroads Private Markets Fund IV (TI) - Client LLC (the "TI Fund"), NB Crossroads Private Markets Fund IV (TE) - Client LLC (the "TE Fund") and NB Crossroads Private Markets Fund IV (Offshore) - Client LLC (the "Offshore Fund" and together with the TI Fund and the TE Fund, the "Feeder Funds") each pursue their investment objectives by investing substantially all of their assets in the Company. The TE Fund and the Offshore Fund invest indirectly in the Company through NB Crossroads Private Markets Fund IV (Offshore), Client Ltd, a Cayman Islands exempted company (the "Offshore Company"). Each of the TI Fund and the TE Fund is a Delaware limited liability company that is registered under the 1940 Act as a non-diversified, closed-end management investment company. The Offshore Fund, a Cayman Islands limited liability company, is not registered as an investment company under the 1940 Act. The percentage of the Offshore Company's shareholder capital owned by the TE Fund and Offshore Fund is 92.21% and 7.79%, respectively. The financial position and results of operations of the Offshore Company have been consolidated within the TE Fund's and the Offshore Fund's consolidated financial statements. The Offshore Company and the Feeder Funds have the same investment objective and substantially the same investment policies as the Company (except that the Offshore Company and the Feeder Funds pursue their investment objectives by investing in the Company).

The Board has overall responsibility to manage and supervise the operations of the Company, including the exclusive authority to oversee and to establish policies regarding the management, conduct, and operations of the TE Fund. The Board exercises the same powers, authority and responsibilities on behalf of the Company as are customarily exercised by directors of a typical investment company registered under the 1940 Act. The Board has engaged Neuberger Berman Investment Advisers LLC ("NBIA" or "Registered Investment Adviser") and NB Alternatives Advisers LLC ("NBAA" or "Sub-Adviser" and together with NBIA, the "Adviser") to provide investment advice regarding the selection of the Portfolio Funds and Co-Investments and to manage the day-to-day operations of the Company.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

The Company operates as a vehicle for the investment of substantially all of the assets of the Feeder Funds as members of the Company ("Members"). As of September 30, 2025, the TI Fund's, the TE Fund's and the Offshore Fund's ownership of the Company's Members' contributed capital was 61.84%, 34.26% and 2.90%, respectively, with a NB affiliate's ("Special Member") (who is also a Member of the Company) percentage ownership of the Company's Members' contributed capital being 1%.

**2. Significant Accounting Policies**

The Company meets the definition of an investment company and follows the accounting and reporting guidance as issued through Accounting Standards Codification ("ASC") 946, *Financial Services – Investment Companies*. The following is a summary of significant accounting policies followed by the Company in the preparation of its financial statements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A. Basis of Accounting**

The Company's policy is to prepare its financial statements on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Consequently, income and the related assets are recognized when earned, and expenses and the related liabilities are recognized when incurred. The books and records of the Company are maintained in U.S. dollars.

**B** **. Use of Estimates**

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and the differences could be material.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C. Valuation of Investments**

The Company computes its net asset value ("NAV") as of the last business day of each fiscal quarter and at such other times as deemed appropriate by the Adviser in accordance with valuation principles set forth below, or as may be determined from time to time, pursuant to the valuation procedures (the "Procedures") established by the Board.

The Board has approved the Procedures pursuant to which the Company values its investments. In accordance with Rule 2a-5 under the 1940 Act, the Board has designated NBIA as its Valuation Designee (the "Valuation Designee"). The Valuation Designee, with assistance from NBAA, is responsible for determining fair value in good faith for the Company's investments without readily available market quotations, subject to oversight by the Board.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

It is expected that most of the Portfolio Funds in which the Company invests will meet the criteria set forth under the Financial Accounting Standards Board ("FASB") ASC Topic 820, *Fair Value Measurement* ("ASC 820") permitting the use of the practical expedient to determine the fair value of the Portfolio Fund investments. ASC 820 provides that, in valuing alternative investments that do not have quoted market prices but calculate NAV per share or equivalent, an investor may determine fair value by using the NAV reported to the investor by the underlying investment. To the extent ASC 820 is applicable to a Portfolio Fund, the Adviser generally will value the Company's investment in the Portfolio Fund based primarily upon the value reported to the Company by the Portfolio Fund or the lead investor of a direct co-investment as of each quarter-end, determined by the Portfolio Fund in accordance with its own valuation policies.

FASB ASC 820-10, *"Fair Value Measurements"* establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). FASB ASC 820 provides three levels of the fair value hierarchy as follows:

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| | |
|:---|:---|
| Level 1 | Unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access; |
| Level 2 | Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data; |
| Level 3 | Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Company's own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based on the best information available. |

---

Most Portfolio Funds are structured as closed-end, commitment-based private investment funds to which the Company commits a specified amount of capital upon inception of the Portfolio Fund (i.e., committed capital) which is then drawn down over a specified period of the Portfolio Fund's life. Such Portfolio Funds generally do not provide redemption options for investors and, subsequent to final closing, do not permit subscriptions by new or existing investors. Accordingly, the Company generally holds interests in Portfolio Funds for which there is no active market, although, in some situations, a transaction may occur in the "secondary market" where an investor purchases a limited partner's existing interest and remaining commitment.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

Assumptions used by the Adviser due to the lack of observable inputs may significantly impact the resulting fair value and therefore the Company's results of operations and financial condition.

The following table presents the investments carried on the Statement of Assets, Liabilities and Members' Equity - Net Assets by level within the valuation hierarchy as of September 30, 2025.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Net Asset Value** | **Total** |
| **Assets:** |  |  |  |  |  |
| Large-cap Buyout | $- | $- | $5486611 | $67463437 | $72950048 |
| Small and Mid-cap Buyout |  |  | 7093779 | 119650954 | 126744733 |
| Special Situations |  |  |  | 53272773 | 53272773 |
| Venture Capital |  |  |  | 56781439 | 56781439 |
| Money Market Fund | 13278626 | - | - | - | 13278626 |
| **Total** | $13278626 | $- | $12580390 | $297168603 | $323027619 |

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*Significant Unobservable Inputs*

As of September 30, 2025, the Company had investments valued at $323,027,619. The fair value of investments valued at $297,168,603 in the Company's Schedule of Investments have been valued at the unadjusted NAV reported by the managers of the investments.

The classification of an investment within Level 3 is based upon the significance of the unobservable inputs to the overall fair value measurement. The following table summarizes the valuation methodologies and inputs used for investments categorized in Level 3 as of September 30, 2025:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | **Unobservable Inputs** | **Unobservable Inputs** | **Unobservable Inputs** |
| <br>**Investments** |<br>**Fair Value<br> 09/30/2025** | <br>**Valuation<br> Methodologies** | **Variable** | **Value/Range** | **Weighted<br> Average<sup>1</sup>** |
| &nbsp;&nbsp;&nbsp;Large-cap Buyout | $5486611 | Market Comparables | LTM EBITDA | 12.9x | N/A |
| &nbsp;&nbsp;&nbsp;Small and Mid-cap Buyout | 7082371 | Market Comparables | LTM EBITDA | 13.2x-17.0x | 14.5x |
| &nbsp;&nbsp;&nbsp;Small and Mid-cap Buyout | 11408 | Escrow Value | 1.0x Escrow | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Special Situations | - | Market Comparables | LTM EBITDA | 12.4x | N/A |
| **Total** | $12580390 |  |  |  |  |

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*<sup>1</sup> Inputs weighted based on fair value of investments in range.*

During the six months ended September 30, 2025, purchases and sales from Level 3 investments were as follows:

---

| | |
|:---|:---|
| **Purchases** | **Sales** |
| $– $| 56900 |

---

During the six months ended September 30, 2025, change in unrealized appreciation and realized gains from Level 3 investments were $354,532 and $56,900, respectively.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

The Company recognizes transfers into and out of the levels indicated above at the end of the reporting period. There were no transfers into or out of Level 3 during the six months ended September 30, 2025.

The estimated remaining life of the Company's Portfolio Funds as of September 30, 2025 is one to three years, with the possibility of extensions by each of the Portfolio Funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D. Cash and Cash Equivalents**

Cash and cash equivalents consist primarily of cash and short-term investments which are readily convertible into cash and have an original maturity of three months or less. UMB Bank N.A. serves as the Company's custodian.

Cash and cash equivalents can include deposits in money market accounts, which are classified as Level 1 assets. As of September 30, 2025, the Company held $13,278,626 in an overnight sweep that is deposited into a money market account.

Cash and cash equivalents are subject to credit risk to the extent those balances exceed applicable Securities Investor Protection Corporations ("SIPC") or Federal Deposit Insurance Corporation ("FDIC") limitations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E. Investment Gains and Losses**

The Company records distributions of cash or in-kind securities from the Portfolio Funds based on the information from distribution notices when distributions are received. The Company recognizes within the Statement of Operations its share of realized gains or (losses), the Company's change in net unrealized appreciation/(depreciation) and the Company's share of net investment income or (loss) based upon information received regarding distributions from managers of the Portfolio Funds. The Company may also recognize realized losses based upon information received from the Portfolio Fund managers for write-offs taken in the underlying portfolio. Changes in unrealized appreciation/(depreciation) on investments within the Statement of Operations includes the Company's share of interest and dividends, realized (but undistributed) and unrealized gains and losses on security transactions, and expenses of each Portfolio Fund.

The Portfolio Funds may make in-kind distributions to the Company and, particularly in the event of a dissolution of a Portfolio Fund, such distributions may contain securities that are not marketable. While the general policy of the Company will be to liquidate such investment and distribute proceeds to Members, under certain circumstances when deemed appropriate by the Board, a Member may receive in-kind distributions from the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**F. Income Taxes**

The Company is a limited liability company that is treated as a partnership for tax reporting. Tax basis income and losses are passed through to Members. The Company has a tax year end of December 31.

Differences arise in the computation of Members' equity for financial reporting in accordance with GAAP and Members' equity for federal and state income tax reporting. These differences are primarily due to the fact that unrealized gains and losses are allocated for financial reporting purposes and are not allocated for federal and state income tax reporting purposes.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

The cost of the Portfolio Funds for federal income tax purposes is based on amounts reported to the Company on Schedule K-1 from the Portfolio Funds. As of September 30, 2025, the Company had not received information to determine the tax cost of the Portfolio Funds. Based on the amounts reported to the Company on Schedule K-1 as of December 31, 2024, and after adjustment for purchases and sales between December 31, 2024 and September 30, 2025, the estimated cost of the Portfolio Funds at September 30, 2025, for federal income tax purposes aggregated $123,782,431. The net unrealized appreciation for federal income tax purposes was estimated to be $185,966,562. The net unrealized appreciation consisted of gross unrealized appreciation and gross unrealized depreciation of $193,718,241 and $7,751,679, respectively.

The Company files tax returns as prescribed by the tax laws of the jurisdictions in which it operates. In the normal course of business, the Company is subject to examination by U.S. federal, state, local and foreign jurisdictions, where applicable. As of December 31, 2024, the tax years that remain subject to examination by the major tax jurisdictions under the statute of limitations is from the year 2022 forward (with limited exceptions). FASB ASC 740-10, *Income Taxes* requires the Adviser to determine whether a tax position of the Company is more likely than not to be sustained upon examination by taxing authorities, based on the technical merits of the position. For tax positions meeting the more likely than not threshold, the tax amount recognized in the financial statements is reduced by the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement with the relevant taxing authority. The Adviser has reviewed the Company's tax positions for the current tax year and has concluded that no provision for taxes is required in the Company's financial statements for the six months ended September 30, 2025. The Company recognizes interest and penalties, if any, related to unrecognized tax liabilities as income tax expense in the Statement of Operations. During the six months ended September 30, 2025, the Company did not incur any interest or penalties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**G. Restrictions on Transfers**

Interests of the Company ("Interests") are generally not transferable. No Member may assign, sell, transfer, pledge, hypothecate or otherwise dispose of any of its Interests without the prior written consent of the Board which may be granted or withheld in the Board's sole discretion, and in compliance with applicable securities and tax laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**H. Fees of the Portfolio Funds**

Each Portfolio Fund will charge its investors (including the Company) expenses, including asset-based management fees and performance-based fees, which are referred to as an allocation of profits. In addition to the Company level expenses shown on the Company's Statement of Operations, Members of the Company will indirectly bear the fees and expenses charged by the Portfolio Funds. These fees are reflected in the valuations of the Portfolio Funds and are not reflected in the ratios to average net assets in the Company's Financial Highlights.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**I. Company Expenses**

The Company bears all expenses incurred in the course of business on an accrual basis, including, but not limited to, the following: Advisory Fees (as defined herein); investment related expenses; legal fees; administration fees; audit fees; tax preparation fees; custodial fees; registration expenses; costs of insurance; Independent Managers' fees (as defined herein); and expenses of meetings of the Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**J. Foreign Currency Translation**

The Company has foreign investments which require the Company to translate these investments into U.S. dollars. For foreign investments for which the functional currency is not the U.S. dollar, the fair values of the investments are translated into the U.S. dollar equivalent using period end exchange rates. The resulting translation adjustments are recorded as unrealized appreciation or depreciation on investments.

Contributed capital to and distributions received from these foreign Portfolio Funds are translated into the U.S. dollar equivalent using exchange rates on the date of the transaction.

Conversion gains and losses resulting from changes in foreign exchange rates during the reporting period and gains and losses realized upon settlement of foreign currency transactions are reported in the Statement of Operations. The Company does not isolate the portion of the results of operations arising as a result of changes in foreign exchange rates on investment transactions from the fluctuations arising from changes in the fair value of these investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**K. Recent Accounting Pronouncements**

In November of 2023, the FASB issued Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures ("ASU 2023-07"). ASU 2023-07 does not change how public entities identify their operating segments, aggregate those operating segments, or apply the quantitative thresholds to determine their reportable segments. However, it does clarify that all segment disclosures are applicable, even for entities that have a single reportable segment. This update is effective for fiscal years beginning after December 15, 2024, and early adoption is permitted. The Company adopted this guidance and the adoption of the new standard impacted financial statement disclosures only and did not affect the Company's financial position or the results of its operations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**L. Segment Reporting**

An operating segment is defined in Topic 280 as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. NBIA acts as the Company's CODM and is responsible for assessing performance and allocating resources with respect to the Company. The CODM has determined the Company represents a single operating segment, as the CODM monitors the operating results of the Company as a whole and the Company's long-term strategic asset allocation is pre-determined in accordance with the terms of its confidential private placement memorandum, based on a defined investment strategy which is executed by the portfolio management team. The financial information in the form of the Company's Portfolio Funds as well as the information contained with the Company's Financial Highlights, which are used by the CODM to assess the segment's performance versus the Company's comparative benchmarks and to make resource allocation decisions for the Company's single segment, is consistent with that presented within the Company's financial statements. The Statement of Assets, Liabilities and Members' Equity – Net Assets and the Statement of Operations are reflective of the Company's segment assets and expenses, respectively.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

**3. Advisory Fees, Administration Service Fee and Related Party Transactions**

The Registered Investment Adviser provides investment advisory services to the Company and incurs research, travel and other expenses related to the selection and monitoring of Portfolio Funds. Further, the Registered Investment Adviser provides certain management and administrative services to the TI and TE Fund, including providing office space and other support services, maintaining files and records, and preparing and filing various regulatory materials. In consideration for such services, the Company pays the Registered Investment Adviser an investment advisory fee (the "Advisory Fee") quarterly in arrears based on an annual rate of 0.10% during the first 12-months following the Company's commencement of operations; 0.55% beginning in year two through the end of year eight from the commencement of operations and then 0.30% for the remaining life of the Company, in each case based on the Members' total capital commitments. For the six months ended September 30, 2025, the Company incurred Advisory Fees totaling $501,456.

Pursuant to an Administrative and Accounting Services Agreement, the Company retains UMB Fund Services, Inc. (the "Administrator"), a subsidiary of UMB Financial Corporation, to provide administration, custodial, accounting, tax preparation and investor services to the Company. In consideration for these services, the Company pays the Administrator a tiered fee between 0.01% and 0.02%, based on the first day of each calendar quarter's net assets, subject to a minimum quarterly fee. In accordance with the service level agreement additional fees may be charged for out-of-scope services and quarterly filings made on behalf of the Company. For the six months ended September 30, 2025, the Company incurred administration service fees totaling $186,634.

The Board consists of six managers (the "Independent Managers"), all of whom are not "interested persons" of the Company as defined by Section 2(a)(19) of the 1940 Act. Compensation to the Board is paid and expensed by the Company on a quarterly basis. The Independent Managers are also reimbursed for out-of-pocket expenses in connection with providing their services to the Company. For the six months ended September 30, 2025, the Company incurred $81,719 in Independent Managers' fees.

**4. Capital Commitments from Members**

At September 30, 2025, capital commitments from Members totaled $334,304,294. Capital contributions received by the Company with regard to satisfying Member commitments totaled $228,998,441, which represents approximately 69% of committed capital at September 30, 2025.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

Capital contributions will be credited to Members' capital accounts and units will be issued when paid. Capital contributions will be determined based on a percentage of commitments. During the six months ended September 30, 2025, the Company did not issue any units.

The net profits or net losses of the Company are allocated to Members in a manner that takes into account the amount of cash that would be distributed based upon a hypothetical liquidation, such that allocations are based on Members' percentage interests, as defined in the LLC Agreement.

Distributions shall be made of available cash (net of reserves that the Board deems reasonable) or other net investment proceeds to Members at such times and in such amounts as determined by the Board in its sole discretion and in accordance with Members' respective percentage interests, as defined in the LLC Agreement. As of September 30, 2025, the Company had distributed $226,276,203 to Members.

**5. Capital Commitments of the Company to Investments**

As of September 30, 2025, the Company had total capital commitments of $305,523,715 to the investments with remaining unfunded commitments to the investments totaling $31,422,600 as listed below:

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| | |
|:---|:---|
| **Assets:** | **Unfunded<br> Commitment** |
| Large-cap Buyout | 4953989 |
| Small and Mid-cap Buyout | 15934317 |
| Special Situations | 6837168 |
| Venture Capital | 3697126 |
| **Total** | $31422600 |

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**6. Description of the Investments**

Due to the nature of the investments, the Company generally cannot liquidate its positions in the investments except through distributions from the investments, which are made at the discretion of the Portfolio Funds or sponsor of the Co-Investment. The Company has no right to demand repayment of its investment in the Portfolio Funds or Co-Investments.

The following underlying investment represents 5% or more of Members' Equity – Net Assets of the Company.

Sycamore Partners III, L.P. ("Sycamore III") represents 5.28% of Members' Equity – Net Assets of the Company as of September 30, 2025. Sycamore III focuses on consumer, retail, and distribution sectors.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

**7. Indemnifications**

In the normal course of business, the Company enters into contracts that provide general indemnifications. The Company's maximum exposure under these agreements is dependent on future claims that may be made against the Company, and therefore cannot be established; however, based on the Registered Investment Adviser's experience, the risk of loss from such claims is considered remote.

Many of the Portfolio Funds' partnership agreements contain provisions that allow them to recycle or recall distributions made to the Company. Accordingly, the unfunded commitments disclosed under Note 5 reflect both amounts undrawn to satisfy commitments and distributions that are recallable, as applicable.

**8. Concentrations of Market, Credit, Liquidity, Industry, Currency and Capital Call Risk**

Due to the inherent uncertainty of valuations, estimated values may differ significantly from the values that would have been used had a ready market for the securities existed, and the difference could be material. The Company's investments are subject, directly or indirectly, to various risk factors including market, credit, industry, currency and capital call risk. Certain investments are made internationally, which may subject the investments to additional risks resulting from political or economic conditions in such countries or regions and the possible imposition of adverse governmental laws or currency exchange restrictions affecting such countries or regions. Market risk represents the potential loss in value of financial instruments caused by movements in market variables, such as interest and foreign exchange rates and equity prices. The Company may have a concentration of investments, as permitted by its registration statement, in a particular industry or sector. Investment performance of the sector may have a significant impact on the performance of the Company. The Company's investments are also subject to the risk associated with investing in private equity securities. The investments in private equity securities are illiquid, can be subject to various restrictions on resale, and there can be no assurance that the Company will be able to realize the value of such investments in a timely manner if at all.

This portfolio strategy presents a high degree of business and financial risk due to the nature of underlying companies in which the Portfolio Funds invest, which may include entities with little operating history, minimal capitalization, operations in new or developing industries, and concentration of investments in one industry or geographical area.

The Company believes that its liquidity and capital resources are adequate to satisfy its operational needs as well as the continuation of its investment program.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Notes to the Financial Statements**

**September 30, 2025 (Unaudited)**

If the Company defaults on its commitment or fails to satisfy capital calls, it will be subject to significant penalties, including the complete forfeiture of the Company's investment in the Portfolio Fund. This may impair the ability of the Company to pursue its investment program, force the Company to borrow or otherwise impair the value of the Company's investments (including the complete devaluation of the Company). In addition, defaults by Members on their commitments to the Company, may cause the Company to, in turn, default on its commitment to a Portfolio Fund. In this case, the Company, and especially the non-defaulting Members, will bear the penalties of such default as outlined above. While the Registered Investment Adviser has taken steps to mitigate this risk, there is no guarantee that such measures will be sufficient or successful.

**9. Subsequent Events**

The Company has evaluated all events subsequent to September 30, 2025, through the date these financial statements were available to be issued and has determined that there were no subsequent events that require disclosure.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Supplemental Information**

**September 30, 2025 (Unaudited)**

**Proxy Voting and Portfolio Holdings**

A description of the Company's policies and procedures used to determine how to vote proxies relating to the Company's portfolio securities, as well as information regarding proxy votes cast by the Company (if any) during the most recent twelve month period ended June 30, is available without charge, upon request, by calling the Company at 212-476-8800 or on the website of the Securities and Exchange Commission (the "SEC") at <u>http://www.sec.gov</u>. The Company did not receive any proxy solicitations during the six months ended September 30, 2025.

The Company files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-PORT. The Company's N-PORT filings are available in the EDGAR database on the SEC's website at <u>www.sec.gov</u> or by calling Neuberger Berman at 212-476-8800.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Advisory and Sub-Advisory Agreement Approval**

**September 30, 2025 (Unaudited)**

**Advisory and Sub-Advisory Agreement Approval**

The Board of NB Crossroads Private Markets Fund IV Holdings LLC (the "Master Fund") considered the approval of the Investment Advisory Agreement between the Master Fund and NBIA and the Sub-Advisory Agreement between NBIA, on behalf of the Master Fund, and NBAA (NBIA and NBAA together, "Neuberger Berman"), at an executive session of the Independent Managers held on July 17, 2025 and a Board meeting held on July 24, 2025. The Board is comprised solely of Independent Managers, and, in connection with its deliberations regarding matters relating to the Investment Advisory Agreement and the Sub-Advisory Agreement (together, the "Agreements"), the Independent Managers were represented and assisted by independent legal counsel. In considering the renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Board member may have attributed different weights to the factors considered.

In determining whether to approve each Agreement, the Board noted that it had, through its counsel, requested certain information in connection with the approval of the Agreements and discussed with management of Neuberger Berman certain matters. The Board considered all information it deemed reasonably necessary to evaluate the terms of the Agreements. The Board reviewed materials furnished by NBIA and NBAA, including information regarding NBIA and NBAA, their affiliates, personnel, operations and NBIA's financial condition. The Board's counsel reviewed with the Board its duties and responsibilities under state and common law and under the 1940 Act with respect to the approval of investment advisory agreements.

The Board reviewed and considered NBIA's financial condition, noting that both NBIA and NBAA are wholly-owned, indirect subsidiaries of Neuberger Berman Group LLC. Specifically, the Board reviewed and considered financial statements of NBIA and other financial information for NBIA. The Board determined that NBIA is solvent and sufficiently well capitalized to perform the ongoing responsibilities to the Master Fund and to satisfy its obligations under the 1940 Act and the Investment Advisory Agreement.

The Board discussed and reviewed the Advisory Fee, together with the fee paid by NBIA to NBAA out of the Advisory Fee (the "Sub-Advisory Fee"), and the appropriateness of such Advisory Fee. The Board reviewed and considered how the Advisory Fee and Sub-Advisory Fee for the Master Fund reflect the economies of scale for the benefit of the members of the Master Fund, noting that economies of scale are realized when a fund's assets increase significantly and that the Master Fund did not have increasing assets. During its discussion of the Advisory Fee and Sub-Advisory Fee, the Board also considered the incentive carried interest to be received by NBIA or its affiliate. The Board also reviewed and considered the fees or other payments to be received by NBIA, NBAA and their affiliates, including the distribution and service fee payable by the Feeder Funds to an affiliate. Specifically, the Board reviewed and considered a comparison of fees charged by investment advisers to fund peers of the Master Fund, and fees charged by NBIA, NBAA or their affiliates with respect to other funds of funds programs. The Board noted, in comparing fee structures of the Master Fund with those of non-registered funds, the additional administrative, financial reporting and legal services provided by Neuberger Berman to the Master Fund. The Board concluded that the Advisory Fee and Sub-Advisory Fee were reasonable.

**NB Crossroads Private Markets Fund IV Holdings LLC**

**Advisory and Sub-Advisory Agreement Approval**

**September 30, 2025 (Unaudited)**

The Board discussed and reviewed the nature, extent and quality of services rendered to the Master Fund by NBIA and NBAA. The Board discussed the structure and capabilities of Neuberger Berman, including technology and operational support, which support the services provided to the Master Fund. The Board also considered Neuberger Berman's extensive administrative and compliance infrastructure. The Board also reviewed and discussed the experience and qualifications of key personnel of Neuberger Berman, including the qualifications of the portfolio managers that manage the Master Fund, and their experience managing funds of private funds, including other registered funds of private equity funds that the Board oversees, and the background and expertise of the key personnel and amount of time they are able to devote to the Master Fund's affairs. There was also a discussion on performance analytics and the various indices and benchmarks used for the Master Fund. The Board concluded that, in light of the particular requirements of the Master Fund, it was satisfied with the professional qualifications and overall commitment to the Master Fund of the portfolio management team.

The Board discussed Neuberger Berman's profitability and, after reviewing this information, and other information discussed at the meetings, determined that the profitability relating to the Master Fund was not so disproportionately large that it bore no reasonable relationship to the services rendered and also determined that, given the overall performance of the Master Fund and Neuberger Berman's service levels, the current profitability of Neuberger Berman resulting from its relationship to the Master Fund was not excessive.

The Board also continued its review in an executive session in which independent legal counsel was present. At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the renewal of the Agreements. Based on the information provided to the Board, and the considerations and conclusions described above, the Board, including each of the Independent Managers, determined to approve the continuance of the Agreements. In approving the continuation of the Agreements, the Board considered these conclusions and determinations and also relied on its previous knowledge, gained through meetings and other interactions with Neuberger Berman, of NBIA and NBAA and the services provided to the Master Fund by NBIA and NBAA. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations and compliance infrastructure of the Master Fund and the investment management and other services provided under the Agreements, including information on the comparative and absolute investment performance of the Master Fund. Certain aspects of these arrangements may receive greater scrutiny in some years than in others, and the Board's conclusions may be based, in part, on the Board's consideration of the Master Fund's arrangements, or substantially similar arrangements for other NBAA-advised funds that the Board oversees, in prior years.

(b) Not applicable to the Registrant.

**Item 2. Code of Ethics.**

Not applicable to semi-annual reports.

**Item 3. Audit Committee Financial Expert.**

Not applicable to semi-annual reports.

**Item 4. Principal Accountant Fees and Services.**

Not applicable to semi-annual reports.

**Item 5. Audit Committee of Listed Registrants.**

Not applicable.

**Item 6. Schedule of Investments.**

(a) The Schedule of Investments is included as part of the report to members filed under Item 1 of this form.

(b) Not applicable.

**Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.**

Not applicable.

**Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.**

Not applicable.

**Item 9. Proxy Disclosures for Open-End Management Investment Companies.**

Not applicable.

**Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.**

Not applicable.

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.**

The Registrant's statement regarding the basis for approval of the investment advisory contract is included as part of the Report to Members filed under Item 1(a) of this Form.

**Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.**

Not applicable to semi-annual reports.

**Item 13. Portfolio Managers of Closed-End Management Investment Companies.**

(a) Not applicable to semi-annual reports.

(b) As of the date of this filing, there have been no changes in any of the portfolio managers identified in the most recent annual report on Form N-CSR.

**Item 14. Purchase of Equity Securities by Close-End Management Investment Company and Affiliated Purchasers.**

Not applicable.

**Item 15. Submission of Matters to a Vote of Security Holders.**

There have been no material changes to the procedures by which members may recommend nominees to the Board.

**Item 16. Controls and Procedures.**

(a) The Registrant's Principal Executive Officer and Principal Financial Officer have concluded that the Registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the 1940 Act) were effective as of a date within 90 days of the filing date of this report, based on their evaluation of the effectiveness of the Registrant's disclosure controls and procedures, as required by Rule 30a-3(b) of the 1940 Act.

(b) There were no changes in the Registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting.

**Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.** 

(a) The Fund did not engage in any securities lending activity during the six months ended September 30, 2025.

(b) The Fund did not engage in any securities lending activity and did not engage a securities lending agent during the six months ended September 30, 2025.

**Item 18. Recovery of Erroneously Awarded Compensation.**

Not applicable.

**Item 19. Exhibits.**

(a)(1) Code of Ethics. Not applicable to semi-annual reports.

(a)(2) Not applicable.

[(a)(3)](tm2532452d3_ex99-cert.htm) [Separate certifications for the Registrant's Principal Executive Officer and Principal Financial Officer, as required by Rule 30a-2(a) under the 1940 Act, are filed herewith.](tm2532452d3_ex99-cert.htm)

(a)(4) Not applicable.

(a)(5) There was no change in the registrant's independent public accountant for the period covered by this report.

[(b)](tm2532452d3_ex99-906cert.htm) [Certification pursuant to Section 906 of the Sarbanes-Oxley Act is furnished herewith.](tm2532452d3_ex99-906cert.htm)

**Signatures**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| NB Crossroads Private Markets Fund IV Holdings LLC | NB Crossroads Private Markets Fund IV Holdings LLC |
| By: | /s/ David Morse |
|  | David Morse |
|  | Vice President |

---

Date: December 8, 2025

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ David Morse |
|  | David Morse |
|  | Vice President |
|  | (Principal Executive Officer) |

---

Date: December 8, 2025

---

| | |
|:---|:---|
| By: | /s/ Mark Bonner |
|  | Mark Bonner |
|  | Treasurer |
|  | (Principal Financial Officer) |

---

Date: December 8, 2025

## Ex-99.Cert

**Exhibit 99.CERT**

Item 19(a)(3)

CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT

I, David Morse, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of NB Crossroads Private Markets Fund IV Holdings LLC;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to
state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows of the registrant
as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officers(s) and I are responsible for establishing and maintaining disclosure
controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting
(as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, 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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing
date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to
materially affect, the registrant's internal control over financial reporting;

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the
audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report
financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant
role in the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: December 8, 2025 | /s/ David Morse |
|  | David Morse |
|  | Vice President |
|  | (Principal Executive Officer) |

---

CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT

I, Mark Bonner, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of NB Crossroads Private Markets Fund IV Holdings LLC;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to
state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows of the registrant
as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officers(s) and I are responsible for establishing and maintaining disclosure
controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting
(as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, 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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing
date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to
materially affect, the registrant's internal control over financial reporting;

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the
audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report
financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant
role in the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: December 8, 2025 | /s/ Mark Bonner |
|  | Mark Bonner |
|  | Treasurer (Principal Financial Officer) |

---

## Exhibit 99.906

**Exhibit 99.906 CERT**

**EX-99.Cert 19 (b)**

**Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002**

This certification is provided pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and is not being filed as part of the Form N-CSR filed with the Securities and Exchange Commission for the six months ended September 30, 2025, of NB Crossroads Private Markets Fund IV Holdings LLC (the "Company").

Each of the undersigned officers of the Company hereby certified that, to the best of such officer's knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The Registrant's report on Form N-CSR fully complies with the requirements of Section 13(a) or Section
15(d) of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The information contained in the Registrant's report on Form N-CSR fairly presents, in all material
respects, the financial condition and results of operation of the Company.

---

| | |
|:---|:---|
| <u>December 8, 2025</u> | /s/ David Morse |
| Date | David Morse |
|  | Vice President |
|  | (Principal Executive Officer) |
| <u>December 8, 2025</u> | /s/ Mark Bonner |
| Date | Mark Bonner |
|  | Treasurer |
|  | (Principal Financial Officer) |

---