September 30, 2025

(25:48) Stephanie Luedke explores how shifting generational priorities amid the transfer of $124 trillion of familial wealth are reshaping how families and professional investors approach wealth management today.

August 25, 2025

This year’s recommendation for vacation reading is a fascinating exploration of the sources of rising political polarization in the U.S. and how it can be addressed.

August 04, 2025

A pivotal week for economic data, earnings, trade and tariffs has provided support for our constructive medium-term view on the fundamentals of risk markets, although the second half of 2025 will pose challenges with some anticipated softening in the economy and lingering uncertainties around inflation, policy and geopolitical risk.

April 30, 2025

The global trade war is accelerating China’s localization efforts; spurring low-cost production in India; and driving incremental growth in Asia’s Golden Triangle.

March 04, 2025

The country’s politics are getting a boost of uncharacteristic urgency from coming Chancellor Friedrich Merz, with even the constitutional “debt brake” up for grabs.

January 09, 2025

As the private credit market rapidly evolves, we believe investors should consider a more flexible and specialized allocation approach.

Sean Hinze, Managing Director, is a member of Neuberger Berman’s Specialty Finance team, focusing on hard assets, infrastructure and other esoteric asset classes.

Jeff Blazek, CFA and Managing Director, is Multi-Asset Co-Chief Investment Officer. Jeff joined Neuberger Berman in 2024 and, along with Multi-Asset Co-CIO, Erik Knutzen, is responsible for co-leading the firm’s multi-asset investment activity, driving portfolio construction and developing investment outlooks. He serves as co-chair of the firm's Asset Allocation Committee and Public Private Investment Committee, and he is also a member of the Investment Risk Committee. Previously, Jeff spent over 12 years at Cambridge Associates, having founded and led the firm’s New York City office, and serving as co-leader of the Endowment & Foundation practice and as Head of the Healthcare practice. Jeff has also worked in-house at two investment offices: Managing Director at New York-Presbyterian Hospital for three years, and Portfolio Manager at Teacher Retirement System of Texas for five years. Jeff has over 26 years of investment experience. Jeff holds a Bachelor of Business Administration and Master of Professional Accounting from University of Texas at Austin, and he is a CFA Charterholder. Jeff serves on the BBA Advisory Board for UT’s McComb School of Business.

Andrew Hurowitz is a member of Almanac’s investment team and is responsible for conducting securities and sector analysis, valuation and transaction execution for the ARS Funds. Mr. Hurowitz graduated magna cum laude from the SC Johnson College of Business at Cornell University in May 2021 with a Bachelor of Science in Applied Economics and Management with a concentration in Finance and a minor in Real Estate.

Zachary Sigel is a Managing Director of Neuberger Berman, Co-Founder of Marquee Brands and a member of the Board. Mr. Sigel has responsibilities for Marquee Brands and specifically Brand Investments. Mr. Sigel has successfully completed numerous acquisitions in the consumer brand industry. Prior to forming Marquee Brands, Mr. Sigel focused on all aspects of consumer investing across the Neuberger Berman private equity platform. Before joining Neuberger Berman in 2007, Mr. Sigel worked as a Consumer Equity Research Analyst at Lehman Brothers where he was responsible for covering public equities in the Consumer Staples sector. Mr. Sigel graduated magna cum laude with a B.A. in finance from The George Washington University.

Tyler Czinege is a Senior Vice President, Principal at Neuberger Berman. Prior to joining Neuberger Berman Private Equity in 2011, Mr. Czinege completed a public accounting internship at PricewaterhouseCoopers. Mr. Czinege graduated with a master’s degree in Accounting from Trinity University in 2011 and with a BS in Business Administration with a concentration in Accounting from Trinity in 2010.

Patricia Miller Zollar is a Managing Director of Neuberger Berman and a leader of the Firm’s Private Investment Portfolios practice. She is a member of the Co-Investment and Private Investment Portfolios Investment Committees. Additionally, Ms. Zollar sits on the Limited Partner Advisory Boards of a number of funds. Before rejoining Neuberger Berman in 2004, Ms. Zollar was a vice president in the Asset Management Division of Goldman Sachs. Ms. Zollar began her career as a Certified Public Accountant in the Audit Division of Deloitte & Touche. She received her MBA from Harvard Business School and her BS, with highest distinction, from North Carolina A&T State University, where she is Chairperson Emeritus of the Board of Trustees and the recipient of an honorary Doctorate degree. Ms. Zollar is a member of the Executive Leadership Council, the Harvard Business School Alumni Board and was a former member of the executive board of the National Association of Investment Companies. She serves as Vice Chairman of The Apollo Theater and a member of the Investment Committee of the Robert Wood Johnson Foundation’s Board of Trustees and the Neuberger Berman Foundation Board of Trustees.

Ping Zhou, PhD, Managing Director, joined the firm in 2006. Ping is the CIO of quantitative investments in Neuberger Berman (Shanghai) and a senior portfolio manager of the Quantitative and Multi-Asset Class (QMAC) division. His primary responsibilities are quantitative equity portfolio management and research, as well as other applications of quantitative investments such as asset allocation. He leads the firm's effort in building China quantitative equity business and heads the firm's systematic emerging market equity investments. Ping has also been a portfolio manager of the firm's systematic global equity strategy from 2010 to 2017. Prior to joining the firm, Ping was an assistant professor of accounting at the Stan Ross Department of Accountancy, Zicklin School of Business, City University of New York, Baruch College, where he taught MBA and undergraduate Financial Accounting courses. Ping is the author of two books, "Trading on Corporate Earnings News: Profiting from Targeted, Short-Term Options Positions" and "Option Strategies for Earnings Announcements: A Complete Empirical Analysis". He has published research in high-quality academic journals such as Contemporary Accounting Research, Financial Analysts Journal, Journal of Investing, Review of Quantitative Finance and Accounting, Journal of Accounting and Public Policy and Journal of Investing. Ping earned a BS in Economics (Accounting) at Southwestern University of Finance and Economics (China). He completed the coursework for his M. Econ (Finance) at Fudan University (China) and was awarded his PhD in Accounting from Georgia State University. Accolades referenced are issued by independent third-parties and information regarding specific criteria for accolades is available upon request and generally may be found on such third-party’s website. Barron’s rankings are based on a proprietary formula that considers various factors: assets under management, revenues generated by advisors for their firms, and the quality of the advisors’ practices. Investment performance is not an explicit criterion because performance is often a function of each client’s appetite for risk. Third-party accolades referenced do not reflect the experiences of any Neuberger Berman client and readers should not view such information as representative of any particular client’s experience or assume that they will have a similar investment experience as any previous or existing client. Third-party accolades are not indicative of the past or future performance of any Neuberger Berman product or service.

Zui Shiromoto, Senior Vice President, joined Neuberger Berman in 2022. He is an Portfolio Manager on the Japanese Equities team. Before joining the firm, he was an investment manager at abrdn, taking active roles in the management of Japanese equity portfolios and in the engagement activities with corporates. He also covered a wide range of companies across the Japanese equity market. Prior to that, he worked at the technology, media and telecom investment banking division of Mitsubishi UFJ Morgan Stanley Securities, and was involved in a number of mergers & acquisitions and capital market transactions. Zui began his career at the real estate finance team in MUFG Bank’s corporate banking division. He has a BA in Economics from Hitotsubashi University.

Zack Schroeder, CFA, Senior Vice President, joined the firm in 2017. Zachary is a Trader on the Investment Grade Credit team and is responsible for trading the Technology and Utilities sectors. Prior to trading, he was a Senior Research Analyst on the team. Zachary previously spent two years at Fitch Ratings as a credit analyst where he covered both Investment Grade and High Yield companies in the Technology, Media, and Telecom sectors. He began his career in 2010 conducting Investment Grade sales at Sterne Agee. Zachary received a BS in Finance from the University of Iowa and has been awarded the Chartered Financial Analyst designation.

Eric Zhou, Senior Vice President, joined the firm in 2016. Eric is a Portfolio Manager for the Option Group at the firm, where he is focused on the implementation of investment strategy, quantitative research, and derivative strategy modeling related to the firm’s option and volatility-based strategies. Before joining Neuberger Berman, Eric was a research analyst at Horizon Kinetics, where he worked primarily on derivatives- related research, and also supported the firm’s broader research efforts. Previously, Eric worked for UBS Wealth Management. Eric received a BS from the Carroll School of Management at Boston College and an MA in the Mathematics of Finance from Columbia University.

Eli Salzmann, Managing Director, joined the firm in January 2011. Eli is the lead Portfolio Manager for the US Large Cap Value strategies. He has been managing the Large Cap Value Institutional portfolios since March 2011 and the Large Cap Value mutual fund (NBPIX) since January 2012. Prior to joining the firm, Eli spent nearly 14 years at Lord Abbett & Co. LLC as the lead portfolio manager, partner and director of large cap value. Eli received an MBA from the New York University Stern School of Business and a BA from Princeton University.

Jose Luis Gonzalez Pastor is a Managing Director of Neuberger Berman in the Private Equity team and a senior member of the firm's Private Investment Portfolios group where he leads fund investments and direct co-investments. Prior to joining the firm in 2012, Mr. González worked at Qualitas Equity Partners, a Spanish Private Equity Fund focused on the Iberia middle-market. Before that, Mr. González worked as Investment Banking Analyst at DC Advisory Partners (formerly known as Atlas Capital Close Brothers and currently Daiwa Securities). Mr. González received an MBA with honors from The Wharton School of the University of Pennsylvania and a MA with honors in International Studies at the Lauder Institute of the University of Pennsylvania. Mr. González graduated with a BA in Business Administration and a LLB in Law from Universidad Pontificia Comillas (ICADE).

December 17, 2024

(27:00) With specialized insights into growth drivers, equity market shifts, and bond market opportunities, we dive into our 2025 outlook, Solving for 2025.

September 10, 2024

Neuberger Berman Appoints Industry Veteran Jeff Blazek as Managing Director and Co-CIO, Multi-Asset Strategies

September 03, 2024

In a keynote interview conducted by Buyouts, Peter von Lehe discusses how the democratization of private equity is about expanding access to the asset class by solving the structural and operational barriers to investing.

July 28, 2024

What do slowing growth, lower inflation, tight credit spreads and a steepening yield curve mean for our fixed income views for the rest of the year?

June 23, 2024

The second half of 2024 could see the current, localized election-related volatility go global.

April 22, 2024

We think the asset class stands to benefit from our base scenario, while having the potential to outperform and act as a hedge should tail risks be realized.

March 27, 2024

Jonathan Bailey outlines his investment philosophy, shares insights from working with both governments and asset managers on sustainability, and explains why active investing is critical to achieving net-zero outcomes.

March 22, 2024

While an increasing volume of GP-led transactions is being brought to the market, there is an acute shortage of capital—providing an attractive and likely lasting opportunity for experienced investors.

February 12, 2024

Corporate credit offers tight spreads and a broad consensus—might the complex crosscurrents of securitized products be more interesting?

December 04, 2023

Breaking down the boundaries between liquid and illiquid assets could broaden our outlook and better align portfolios to our objectives and time horizon.

November 20, 2023

Securitized credit, and especially mortgage-backed securities, can be an attractive source of income while waiting for volatile bond markets to settle.

November 09, 2023

In our second installment of The Fine Print of Indexation, we tackle the challenge of building net-zero-aligned portfolios.

November 09, 2023

Why we think macro uncertainty and the private equity liquidity squeeze are making secondary market conditions particularly favorable for targeted buyers.

October 01, 2023

Why we think macro uncertainty and the private equity liquidity squeeze are making secondary market conditions particularly favorable for targeted buyers.

July 23, 2023

This year’s recommendation for vacation reading is the epic story of the building of the Brooklyn Bridge, resonant with dilemmas we still recognize today.

July 19, 2023

There is no shortcut to assessing a portfolio’s net-zero alignment: data is incomplete, and we believe analysts’ insights are critical.

June 30, 2023

The climate transition continues to be a topic of strategic focus for asset owners and private equity managers alike, but major hurdles remain in order to implement and evidence the progress toward decarbonization.

May 28, 2023

To make sense of today’s market conundrum, remember that things could have been worse than they are, and that investors are more defensive than they appear.

April 30, 2023

The U.S. debt ceiling is just one of a long list of obstacles waiting to trip up markets, and there is very little opportunity cost for remaining cautious.

April 17, 2023

Why we think recent banking-sector stress has made already attractive U.S. mortgage securities even more keenly valued.

March 31, 2023

As private-credit markets continue to expand in size, choice and sophistication, we believe they should play an important role in well-diversified investment portfolios.

March 12, 2023

Faced with historically inverted yield curves, unbalanced equity markets and economic conditions unseen for 40 years, investors are agonizing over their next steps.

March 07, 2023

(18:58) Could chatbots and artificial intelligence take over? Or simply change the way we work?

February 21, 2023

Monetizing Low-Cost Basis Stock Positions while Preserving Long-Term Stock Alpha

December 12, 2022

While LPs and GPs cry out for liquidity, secondary funds are unable to recapitalize quickly, creating pent-up demand that bodes well for the future.

December 09, 2022

In a recent conversation with Private Equity International, Managing Directors Maura Reilly Kennedy, Peter von Lehe, and Jose Luis Gonzalez Pastor discuss newer solutions available to individual investors to access private equity and important considerations for both individuals and managers

November 28, 2022

Seeking the potential beneficiaries of a new age of deglobalization and insecurity.

November 03, 2022

What investors should keep in mind when decarbonizing their portfolios

September 23, 2022

We recognize that much of the world still runs on fossil fuel. However, we firmly believe investors can construct portfolios that substantially reduce their carbon footprints while retaining exposure to all sectors—including energy.

August 23, 2022

We believe smaller companies are poised to shine brightly in the “land of the rising sun.”

August 21, 2022

What might be the playbook for a potential recession in which nominal GDP grows by 8%—and are investors only just recognizing that they need one?

July 31, 2022

This year’s recommendation for vacation reading offers a reminder of Ukraine’s millennia-old importance for global trade, helping us understand why today’s conflict could be yet another lasting blow against globalization.

June 10, 2022

Neuberger Berman expects compensation committees to design, adopt and clearly articulate a strong link between executive compensation and performance. Learn more from Senior Portfolio Manager, Marvin Schwartz, about our views on General Motors at NB Votes.

May 31, 2022

The world faces a $15 trillion infrastructure financing gap by 2040, and cash-strapped governments are increasingly calling on private capital to achieve their digitalization, decarbonization, supply-chain enhancement and social-infrastructure goals.

May 13, 2022

Japan looks set to emerge from 30 years of near-zero inflation in 2022—but are its companies able to absorb higher costs, or even re-learn the art of passing price hikes on to their customers?

April 19, 2022

From defining and setting interim targets from day one, to the critical role of bondholder engagement, we reflect on the process of putting together a major net-zero credit portfolio.

November 02, 2021

New York, November 2, 2021 – Neuberger Berman, a private, independent, employee-owned investment manager today announced that the firm joined the Net Zero Asset Managers Initiative, which has the goal of achieving net zero emissions in line with the Paris Agreement.

August 05, 2021

Early-cycle growth prospects should incentivize investment, but later-cycle valuations can give pause: Private debt and capital solutions could resolve the paradox.

July 26, 2021

When funding a TaxM™: portfolio, it’s critical for the investor to understand the tradeoff between realizing capital gains (and having a subsequent tax burden) and maintaining a particular tracking error to the selected benchmark.

July 20, 2021

(19:35) As a result of mass deurbanization during the pandemic, the residential housing markets have seen unprecedented buyer activity over the last several months. But as buyer demand continues to saturate the market, where does that leave supply?

June 21, 2021

In the first of our conversations about the post-pandemic landscape, Erik Knutzen spoke with economist Nancy Lazar about the future of globalization.

April 23, 2021

Support for the goal of net-zero emissions gained strong momentum during 2020. What does this imply for market participants, and what initial steps can asset owners and managers take on this daunting path?

April 06, 2021

(20:45) Climate change and achieving net-zero carbon emissions are at the forefront of global policy issues today, but how can investors make an impact when it comes to their portfolios?

March 10, 2021

Recent appreciation in the cryptocurrency may be tantalizing, but understanding the dynamics behind this speculative asset is crucial before considering it as a potential investment.

December 18, 2020

Actively managing equity portfolios for tax efficiency not only aims to maximizes tax credits—it may reveal tax credits you didn’t know you already had.

August 01, 2017

January 11, 2016

September 10, 2015

April 02, 2014