Neuberger Berman Appoints Matt Malloy as Head of EMEA; Dik Van Lomwel Assumes Role of Vice Chairman EMEA
London, January 29, 2024 - Neuberger Berman, a private, independent, employee-owned investment manager, announced today that Matt Malloy has been appointed Head of EMEA following Dik van Lomwel’s decision to transition to Vice Chairman EMEA after having served as head of the region since 2009.
Matt joined Neuberger Berman in 2015, spearheading the creation of its insurance solutions business before assuming leadership of the firm’s global institutional efforts. Having relocated to London last year, Matt will retain these positions and expand his responsibilities subject to applicable regulatory approval and following an orderly transition.
Under Dik’s leadership, the EMEA business has experienced robust business growth through strong client partnerships, including an increase in assets under management from $3bn to $64bn* since 2009 and substantial employee additions to serve the growing client base. This is accompanied by the expansion of European-based investment teams across public and private markets and build out of Neuberger Berman’s local operating platform. In his new role, Dik will focus on supporting client relationships and advising firm regional leadership.
Matt Malloy says: “I am honoured to have the opportunity to build on Dik’s impactful contributions to the firm. The decade ahead will present new opportunities and many challenges for our clients given the volatile economic and geopolitical backdrop, and I am confident we can continue to deliver differentiated solutions using our extensive cross asset investment platform and global talent.”
Dik van Lomwel adds: “Matt's impact on the insurance and global institutional client base and broader contribution to the firm have been significant. We know that Matt will approach his leadership of EMEA with the same client centric approach, discipline, and strategic perspective as he has already displayed.”
*As at 31 December 2023
About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with 2,800 employees in 26 countries. The firm manages $463 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. UNPRI named the firm a Leader, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of December 31, 2023.
Fiona Kehily, +44 (20) 3214 9087, Fiona.Kehily@nb.com