# EDGAR Filing Document

**Accession Number:** 0001669384
**File Stem:** 0001145549-23-014214
**Filing Date:** 2023-3
**Character Count:** 24353
**Document Hash:** 2d6e00202181651149d64aa75ed16442
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-014214.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001145549-23-014214

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NB Crossroads Private Markets Fund IV (TI) - Client LLC
- **CENTRAL INDEX KEY:** 0001669384
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23171
- **FILM NUMBER:** 23691966

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NB Crossroads Private Markets Fund IV (TI) Client LLC
- **DATE OF NAME CHANGE:** 20160314

## Nport-Ex

NB Crossroads Private Markets Fund IV (TE) - Client LLC (the "Fund") invests substantially all of its assets in NB Crossroads Private Markets Fund IV Holdings LLC (the "Company") through its consolidated subsidiary, NB Crossroads Private Markets Fund IV (Offshore), Client Ltd. The percentage of the Company's members' equity owned by the Fund at December 31, 2022, was 34.26%. The Fund has included the Company's schedule of investments as of December 31, 2022, below. The Company's schedule of investments was also filed on Form NPORT-EX with the Securities and Exchange Commission on March 1, 2023.

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

**Schedule of Investments**

**December 31, 2022 (Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments / Co-investments <sup>(A),(B),(D)</sup>** | **Acquisition Type** | **Acquisition Dates <sup>(C)</sup>** | **Geographic Region <sup>(E)</sup>** | **Cost** | **Fair Value** |
| **Large-cap Buyout (21.70%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BC European Capital X - Betty Co-Investment (1) LP | Co-investment | 01/2019-07/2020 | &nbsp;&nbsp;North America | $596524 | $1839006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BC European Capital X - Hulk Co-Investment (1) LP | Co-investment | 07/2018-07/2018 | &nbsp;&nbsp;North America | 1320038 | 4158644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Partners VII, L.P. | Primary | 12/2018-09/2022 | &nbsp;&nbsp;North America | 11536181 | 13708704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clayton, Dubilier & Rice Fund X, L.P. | Primary | 03/2018-11/2022 | &nbsp;&nbsp;North America | 6442199 | 10170898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cortefiel Co-Invest SCSp | Co-investment | 10/2017-10/2017 | &nbsp;&nbsp;Europe | 1308759 | 2222358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Capital Partners VII, L.P. | Primary | 12/2018-10/2022 | &nbsp;&nbsp;Europe | 9464335 | 16510854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gorilla Aggregator L.P. <sup>(F)</sup> | Co-investment | 10/2017 | &nbsp;&nbsp;North America | 1583511 | 4289511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KKR Byzantium Infrastructure Co-Invest L.P. | Co-investment | 10/2017 | &nbsp;&nbsp;Europe | 2123701 | 2075153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KKR Taurus Co-Invest II L.P. | Co-investment | 10/2017-11/2017 | &nbsp;&nbsp;North America | 964771 | 1542923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLP Blue Co-Invest, L.P. | Co-investment | 06/2018 | &nbsp;&nbsp;North America | 1804069 | 2984374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THL Equity Fund VIII Investors (Agiliti), L.P. | Co-investment | 01/2019-07/2021 | &nbsp;&nbsp;North America | 2975044 | 8154316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TPG Healthcare Partners, L.P. | Primary | 12/2019-12/2022 | &nbsp;&nbsp;North America | 1368161 | 1788202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TPG Partners VIII, L.P. | Primary | 12/2019-10/2022 | &nbsp;&nbsp;North America | 6201484 | 9291266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uno Co-Invest L.P. | Co-investment | 06/2017-06/2020 | &nbsp;&nbsp;North America | 3599359 | 8728975 |
|  |  |  |  | 51288136 | 87465184 |
| **Small and Mid-cap Buyout (43.42%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BC Holdco, LLC | Co-investment | 11/2017 | &nbsp;&nbsp;North America | 2325157 | 3905063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ByLight InvestCo LP | Co-investment | 05/2017-07/2022 | &nbsp;&nbsp;North America | 53884 | 8801399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlesbank Equity Fund IX, L.P. | Primary | 07/2018-06/2022 | &nbsp;&nbsp;North America | 9677333 | 13442084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHG PPC Investor LLC | Co-investment | 03/2018 | &nbsp;&nbsp;North America | 570715 | 2735093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CI Capital Investors II, L.P. | Secondary | 06/2017-09/2020 | &nbsp;&nbsp;North America | 24407 | 11472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CI Capital Investors II Follow-On Partners, L.P. | Co-investment | 05/2018-07/2021 | &nbsp;&nbsp;North America | 618263 | 181813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Mid Market Europe, L.P. | Primary | 08/2017-06/2022 | &nbsp;&nbsp;Europe | 7429928 | 9608383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EXC Holdings LP | Co-investment | 11/2017 | &nbsp;&nbsp;North America | 626548 | 1903387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Vietnam Investment Holdings PTE. LTD. | Co-investment | 06/2017-07/2019 | &nbsp;&nbsp;Asia | 1301945 | 2702716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Further Global Capital Partners, L.P. | Primary | 03/2018-11/2022 | &nbsp;&nbsp;North America | 9736371 | 11423840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JLL MedPlast Topco, L.P. | Co-investment | 06/2018 | &nbsp;&nbsp;North America | 1640000 | 3000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KKR Global Infrastructure Investors III L.P. | Primary | 12/2018-11/2022 | &nbsp;&nbsp;North America | 8972095 | 9643157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MCH Iberian Capital Fund IV, F.C.R. | Secondary | 05/2017-07/2022 | &nbsp;&nbsp;Europe | 4002889 | 6315950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MHS Acquisition Holdings, LLC <sup>(F)</sup> | Co-investment | 03/2017-12/2019 | &nbsp;&nbsp;North America | 1046584 | 1988509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Milani Aggregator LLC <sup>(F)</sup> | Co-investment | 06/2018-08/2021 | &nbsp;&nbsp;North America | 1699440 | 1507900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MND Holdings I Corp <sup>(F)</sup> | Co-investment | 07/2017 | &nbsp;&nbsp;North America | 1757165 | 3937500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NB Soho LP (TRG Growth Fund II) | Secondary | 06/2017-04/2022 | &nbsp;&nbsp;North America | 1878081 | 1308437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NB Verrocchio LP | Co-investment | 06/2018 | &nbsp;&nbsp;South America | 3357522 | 2939969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oak Hill Capital Partners IV, L.P. | Primary | 05/2017-05/2022 | &nbsp;&nbsp;North America | 3050072 | 5146762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OHCP IV SF COI, L.P. | Co-investment | 01/2018-11/2018 | &nbsp;&nbsp;North America | 683026 | 1386530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PPC Fund II, L.P. | Primary | 04/2018-08/2022 | &nbsp;&nbsp;North America | 7692388 | 10923143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockbridge Portfolio Fund I L.P. | Secondary | 12/2018-06/2021 | &nbsp;&nbsp;North America | 1189708 | 3152565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Silver Creek Midstream Coinvest LP | Co-investment | 06/2018-11/2019 | &nbsp;&nbsp;North America | 2823458 | 3783721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THL Equity Fund VII Investors (MHS), L.P. | Co-investment | 04/2017-07/2018 | &nbsp;&nbsp;North America | 1119575 | 5960172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Veritas Capital Fund VI, L.P. | Primary | 06/2017-08/2022 | &nbsp;&nbsp;North America | 3693014 | 23928930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VSC RST Holdco, L.P. <sup>(F)</sup> | Co-investment | 08/2017-08/2021 | &nbsp;&nbsp;North America | 3382965 | 10013769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Webster Capital IV, L.P. | Primary | 07/2018-12/2022 | &nbsp;&nbsp;North America | 8679177 | 18124923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wind Point Partners CV1, L.P. | Secondary | 09/2018-12/2020 | &nbsp;&nbsp;North America | 10140 | 13453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Environmental Aggregator LLC <sup>(F)</sup> | Co-investment | 04/2017-02/2022 | &nbsp;&nbsp;North America | 1148240 | 1389370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wrigley Co-Invest, L.P. | Co-investment | 06/2018-10/2018 | &nbsp;&nbsp;North America | 2350120 | 5869655 |
|  |  |  |  | 92540210 | 175049665 |

---

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

**Schedule of Investments**

**December 31, 2022 (Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments / Co-investments <sup>(A),(B),(D)</sup>** | **Acquisition Type** | **Acquisition Dates <sup>(C)</sup>** | **Geographic Region <sup>(E)</sup>** | **Cost** | **Fair Value** |
| **Special Situations (14.72%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Investment Fund IX, L.P. | Primary | &nbsp;&nbsp;03/2019-12/2022 | &nbsp;&nbsp;North America | 2659044 | 4143482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cerberus Institutional Partners VI, L.P. | Primary | &nbsp;&nbsp;04/2017-12/2019 | &nbsp;&nbsp;North America | 9268482 | 13057565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diligere Co-Investment Partners, LLC | Co-investment | &nbsp;&nbsp;02/2018-07/2021 | &nbsp;&nbsp;North America | 1304925 | 3588256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Epiris Fund II L.P. | Primary | &nbsp;&nbsp;05/2018-11/2022 | &nbsp;&nbsp;Europe | 6959872 | 13237604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lantern Capital Partners Fund I (A), L.P | Primary | &nbsp;&nbsp;04/2018-02/2021 | &nbsp;&nbsp;North America | 3836535 | 2752806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NB Arch LP | Co-investment | &nbsp;&nbsp;09/2017 | &nbsp;&nbsp;North America | 830000 | 2994275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NB WM Co-Invest LP | Co-investment | &nbsp;&nbsp;09/2017 | &nbsp;&nbsp;North America |  | 605164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Runner Topco L.P. | Co-investment | &nbsp;&nbsp;04/2018 | &nbsp;&nbsp;North America | 132049 | 790101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sycamore Partners III, L.P. | Primary | &nbsp;&nbsp;01/2018-09/2022 | &nbsp;&nbsp;North America | 7254144 | 9522247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verscend Intermediate Holding Corp. <sup>(F)</sup> | Co-investment | &nbsp;&nbsp;08/2018 | &nbsp;&nbsp;North America | 8305031 | 8633000 |
|  |  |  |  | 40550082 | 59324500 |
| **Venture Capital (17.33%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alsop Louie Capital IV L.P. | Primary | &nbsp;&nbsp;11/2017-09/2022 | &nbsp;&nbsp;North America | 5546167 | 6919552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Battery Ventures XII, L.P. | Primary | &nbsp;&nbsp;03/2018-08/2021 | &nbsp;&nbsp;North America | 1975887 | 7241893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Battery XII Side Fund, L.P. | Primary | &nbsp;&nbsp;03/2018-08/2021 | &nbsp;&nbsp;North America | 1214195 | 3675059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canaan XI L.P. | Primary | &nbsp;&nbsp;01/2018-09/2022 | &nbsp;&nbsp;North America | 4293992 | 11015750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DFJ Growth III, L.P. | Primary | &nbsp;&nbsp;05/2017-12/2022 | &nbsp;&nbsp;North America | 3309634 | 7752147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hosen Capital Fund III, L.P. | Primary | &nbsp;&nbsp;04/2017-05/2021 | &nbsp;&nbsp;Asia | 2149521 | 3867358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Menlo Ventures XIV, L.P. | Primary | &nbsp;&nbsp;10/2017-06/2022 | &nbsp;&nbsp;North America | 2521288 | 7194396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Clearent Holdings, LLC <sup>(F)</sup> | Co-investment | &nbsp;&nbsp;06/2018-10/2021 | &nbsp;&nbsp;North America | 2026027 | 6078082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Partners Europe Growth Equity Fund II, SCSp | Primary | &nbsp;&nbsp;01/2018-12/2022 | &nbsp;&nbsp;Europe | 2589014 | 8027180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TPG Drake Co-Invest, L.P. | Co-investment | &nbsp;&nbsp;07/2018 | &nbsp;&nbsp;North America | 1719117 | 1244154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TPG Tech Adjacencies, L.P. | Primary | &nbsp;&nbsp;06/2019-12/2022 | &nbsp;&nbsp;North America | 4261473 | 6830936 |
|  |  |  |  | 31606315 | 69846507 |

---

---

| | | |
|:---|:---|:---|
| **Short Term Investments** | **Cost** | **Fair Value** |
| **Money Market Fund (2.99%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Institutional Liquidity Fund Government Portfolio | 12058798 | 12058798 |
|  | 12058798 | 12058798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Investments in Portfolio Funds (cost $228,043,541) (100.16%) |  | 403744654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Assets & Liabilities (Net) (-0.16%) |  | (619773) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Members' Equity - Net Assets (100.00%) |  | $403124881 |

---

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

(B) Total cost of illiquid and restricted securities at December 31, 2022 aggregated $215,984,743. Total fair value of illiquid and restricted securities at December 31, 2022 was $391,685,856 or 97.17% of net assets.

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

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

(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.

**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 Registered Investment Adviser and the Sub-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 interests in the Portfolio Funds and other investments. The Board has delegated to the Sub-Adviser general responsibility for determining the value of the assets held by the Company. The value of the Company's interests is based on information reasonably available at the time the valuation is made and the Sub-Adviser believes to be reliable.

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 Sub-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:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 1 | Unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access; |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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; |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.

Assumptions used by the Sub-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 December 31, 2022.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Net Asset Value** | **Total** |
| **Assets:** |  |  |  |  |  |
| Large-cap Buyout | $- | $- | $4289511 | $83175673 | $87465184 |
| Small and Mid-cap Buyout |  |  | 18837048 | 156212617 | 175049665 |
| Special Situations |  |  | 9423101 | 49901399 | 59324500 |
| Venture |  |  | 6078082 | 63768425 | 69846507 |
| Money Market Fund | 12058798 | - | - | - | 12058798 |
| **Total** | $12058798 | $- | $38627742 | $353058114 | $403744654 |

---

*Significant Unobservable Inputs*

 

As of December 31, 2022, the Company had investments valued at $403,744,654. The fair value of investments valued at $353,058,114 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 December 31, 2022:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | **Unobservable Inputs** | **Unobservable Inputs** | **Unobservable Inputs** |
| <br>**Investments** | <br>**Fair Value<br> 12/31/2022** | <br>**Valuation<br> Methodologies** | **Variable** | **Value/Range** | **Weighted <br> Average<sup>1</sup>** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Large-cap Buyout | $4289511 | Market Approach | LTM EBITDA | 12.5x | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Small and Mid-cap Buyout | 17329148 | Market Approach | LTM EBITDA | 14.0x-16.5x | 15.6x |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Small and Mid-cap Buyout | 1507900 | Market Approach | LTM Net Revenue | 3.9x | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Special Situations | 9423101 | Market Approach | LTM EBITDA | 10.7x-18.4x | 17.8x |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture | 6078082 | Recent Transaction Value | Recent Transaction Value | N/A | N/A |
| **Total** | $38627742 |  |  |  |  |

---

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

During the period ended December 31, 2022 purchases and sales from Level 3 investments were as follows:

---

| | |
|:---|:---|
| **Purchases** | **Sales** |
| $– $| (89135) |

---

During the period ended December 31, 2022 unrealized appreciation and realized gains from Level 3 investments were $992,676 and $132,049, respectively.

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 period ended December 31, 2022.

The estimated remaining life of the Company's Portfolio Funds as of December 31, 2022 is one to six years, with the possibility of extensions by each of the Portfolio Funds.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** NB Crossroads Private Markets Fund IV (TI) - Client LLC

- **b. Investment Company Act file number:** 811-23171

- **c. CIK number of Registrant:** 0001669384

- **d. LEI of Registrant:** 5493003SRNWWJYU2OY28

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 325 North Saint Paul Street

  - **City:** Dallas

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75201

  - **Telephone number:** 2124768800

**Item A.2. Information about the Series.**

- **a. Name of Series:** NB Crossroads Private Markets Fund IV (TI) - Client LLC

- **c. LEI of Series:** 5493003SRNWWJYU2OY28

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $250484583.93

**Total Liabilities:** $567641.91

**Net Assets:** $249916942.02

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.00%                | 0.00%                | 0.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $622624.40               | $-102292.85                                |
| Month 2  | $2489300.60              | $-859965.36                                |
| Month 3  | $3339991.80              | $-897426.63                                |

### Schedule of Portfolio Investments

| Name                                               | Title                                              | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| NB Crossroads Private Markets Fund IV Holdings LLC | NB Crossroads Private Markets Fund IV Holdings LLC | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        | 246563422 | OU      | $246563422.00 | 98.66%            |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2023-01-29

**Name of Applicant:** NB Crossroads Private Markets Fund IV (TI) - Client LLC

**Signature:** /s/Mark Bonner

**Name of Signer:** Mark Bonner

**Title:** Treasurer