Neuberger Berman Named by Pensions & Investments as a Best Place to Work in Money Management

Media Contacts:

Alexander Samuelson, 212.476.5392, Alexander.Samuelson@nb.com
Anji Stewart, +44 (0)20 3214 9013, Anji.Stewart@nb.com

NEW YORK, December 9, 2013 – Neuberger Berman Group LLC, one of the world's leading employee-controlled investment managers, is honored to be named among the five most highly ranked firms with more than 1,000 employees by Pensions & Investments newspaper in its annual survey of Best Places to Work in Money Management. The publication announced the 2013 survey results in its December 9, 2013 issue.

"We cherish our culture and our people. Making Neuberger Berman a great place to work is a fundamental component to being able to deliver for our clients over time," said George Walker, chairman and chief executive officer. "We thank Pensions & Investments for this recognition."

The Pensions & Investments survey to determine the 2013 Best Places to Work in Money Management was performed in partnership with the survey group, Buck Consultants. To participate, money managers and organizations with investment and investment-related operations had to register, complete an employer survey and provide staff e-mail addresses for an employee survey. Employee survey responses accounted for 60% of an organization's score and employer survey responses, 40%. While firms differed in the reasons they won this award, they were similar in their positive cultures and work environments, strong degrees of employee engagement and excellent benefits packages.

About Neuberger Berman

Neuberger Berman is a private, independent, employee-controlled investment manager. It partners with institutions, advisors and individuals throughout the world to customize solutions that address their needs for income, growth and capital preservation. Neuberger Berman has more than 1,900 employees worldwide, with approximately 450 investment professionals, offering an investment culture of independent thinking. Founded in 1939, the company provides solutions across equities, fixed income, hedge funds and private equity, and had $227 billion in assets under management as of September 30, 2013. For more information, please visit our website at www.nb.com.

About Pensions & Investments

Since 1973, P&I has been the leading resource for industry investment data, analysis and news. With unmatched integrity and professionalism, Pensions & Investments consistently delivers news, research and analysis to the executives who manage the flow of funds in the institutional investment market. Written for pension, portfolio and investment management executives at the hub of this market, Pensions & Investments provides its audience with timely and incisive coverage of events affecting the money management business. Written by a worldwide network of reporters and correspondents, Pensions & Investments’ coverage includes business and financial news, legislative reports, global investments, product development, portfolio management, risk management, technology, investment performance, executive changes, corporate governance and other topics crucial to the people who drive the world of professional money. Pensions & Investments is celebrating 40 years of publishing in 2013.