0001145549-22-036614.txt : 20220614 0001145549-22-036614.hdr.sgml : 20220614 20220614061312 ACCESSION NUMBER: 0001145549-22-036614 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220614 DATE AS OF CHANGE: 20220614 EFFECTIVENESS DATE: 20220614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NB Crossroads Private Markets Access Fund LLC CENTRAL INDEX KEY: 0001818105 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-23591 FILM NUMBER: 221013383 BUSINESS ADDRESS: STREET 1: 1290 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10104 BUSINESS PHONE: 212-476-9000 MAIL ADDRESS: STREET 1: 1290 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10104 N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0001818105 XXXXXXXX true false false N-2 NB Crossroads Private Markets Access Fund LLC 811-23591 0001818105 549300TTMKGCMVMDG956 325 North Saint Paul Street 49th Floor Dallas 75201 US-TX US 2124768800 Neuberger Berman Investment Advisers LLC 1290 Avenue of the Americas New York 10104 2124768800 Investment Advisor NB Aternatives Advisers LLC 325 North Saint Paul Street 49th Floor Dallas 75201 2124768800 Sub-Adviser UMB Fund Services, Inc. 235 West Galena Street Milwaukee 53212 4142992000 Transfer Agent, Fund Accountant and Administrator UMB Bank, N.A. 928 Grand Boulevard, 5th Floor Kansas City 64106 4142992000 Custodian N N N-2 Y Thomas G. Yellin N/A N Thomas F. McDevitt N/A N Virginia G. Breen N/A N Stephen V. Murphy N/A N Victor F. Imbimbo N/A N Alan Brott N/A N Savonne Ferguson N/A 1290 Avenue of the Americas New York 10104 XXXXXX N N N N N N Neuberger Berman BD LLC 8-1068 000002908 PWDS3JJ631D5N70JXG61 Y N KPMG LLP 00185 N/A N N N N N N N NB Crossroads Private Markets Access Fund LLC 549300TTMKGCMVMDG956 N Interval Fund Y N N N N/A 0.000000000000 0.000000000000 Rule 12d1-1 (17 CFR 270.12d1-1) Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Neuberger Berman Investment Advisers LLC 801-61757 000124687 8PSZVUUKYGCPW2RDO373 N NB Alternatives Advisers LLC 801-70009 000149822 549300DBQULCAC1K1E25 Y N UMB Fund Services, Inc. 84-5792 N/A N N N N UMB Bank N.A. VNOO6EITDJ2YUEBMSZ83 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N UMB Fund Services, Inc. 84-5792 SEC File Number N N N UMB Fund Services, Inc. 84-5792 SEC File Number N N N Neuberger Berman BD LLC 8-01068 000002908 PWDS3JJ631D5N70JXG61 0.000000000000 0.000000000000 0.000000000000 N 242063993.000000000000 Common stock Institutional Class Common stock Class A-1 Common stock Class A-2 N N Common stock N N N 0.250000000000 1.330000000000 10.830000000000 10.830000000000 true INTERNAL CONTROL RPT 2 tm2217659d1_nb.htm 33122 INTERNAL CONTROL REPORT

Report of Independent Registered Public Accounting Firm

To the Shareholders and Board of Managers
NB Crossroads Private Markets Access Fund LLC:

In planning and performing our audit of the consolidated financial statements of NB Crossroads Private Markets Access Fund LLC (the Company) as of and for the year ended March 31, 2022, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Company’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the consolidated financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Management of the Company is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Company’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Company’s internal control over financial reporting and its operation, including controls over safeguarding securities that we consider to be a material weakness as defined above as of March 31, 2022.

This report is intended solely for the information and use of management and the Board of Managers of NB Crossroads Private Markets Access Fund LLC and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ KPMG LLP

Boston, Massachusetts

May 27, 2022