Dyal Capital Partners Appoints Alternatives Veteran John Dyment Head of Business Services Platform

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Alexander Samuelson, 212.476.5392, Alexander.Samuelson@nb.com

New York, September 15, 2015 — Dyal Capital Partners, a unit of Neuberger Berman Private Equity, is pleased to announce the appointment of alternatives industry veteran John Dyment as Head of Dyal’s Business Services Platform.

In this position, Dyment will lead the team of professionals dedicated to helping Dyal Capital’s strategic partners achieve their unique business objectives. Dyment reports to Michael Rees, Head of Dyal Capital.

Dyal Capital acquires strategic minority equity stakes in institutional alternative investment firms and provides strategic assistance to its partner firms, including institutional client introductions, product development and advice regarding implementing industry best business practices. Dyal Capital Partners was established in 2011 and currently has 13 minority partnerships.

“We’re thrilled to welcome John to our team, as his extensive experience in this industry will offer our private equity and hedge fund partners guidance in operations, product development, client and consultant relations and overall best practices,” said Michael Rees.

“I look forward to working with our highly skilled and dedicated Dyal team in helping our strategic partners achieve their goals” said Dyment.

Dyment has 27 years of experience in the asset management and financial services industry. He previously built and managed Goldman’s Capital Introduction business and Deutsche Bank’s Global Hedge Fund Capital Group where he helped the firms’ alternative clients grow and expand their businesses. After Deutsche Bank, he became the Chief Operating Officer and later President of Shumway Capital, a $9 billion multi-asset hedge fund, where he co-managed operations and trading. He most recently was Chief Operating Officer and Chief Compliance Officer for Lutetium Capital, an event-driven credit manager.

As the Dyal Business Services Platform continues to evolve to serve clients, Jeff Brown, as Chairman, will focus on extending Dyal’s presence externally and work on regulatory and government affairs issues with partners. Greg Barrett will continue to play a senior role covering Dyal clients and institutional investors as well as working extensively with Dyal’s strategic partners.

About Dyal Capital Partners

Dyal Capital Partners, a unit of Neuberger Berman Group, seeks to acquire minority equity interests in institutional alternative asset management businesses worldwide. Dyal Capital Partners was established in 2011 and currently has 13 minority partnerships. For more information, please visit www.dyalcapital.com.

About Neuberger Berman

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 18 countries, Neuberger Berman’s team is more than 2,100 professionals and the company was named by Pensions & Investments as a 2013 and 2014 Best Place to Work in Money Management. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $251 billion in client assets as of June 30, 2015. For more information, please visit our website at www.nb.com.

All information is as of June 30, 2015 unless otherwise indicated and is subject to change without notice. Firm data, including employee and assets under management figures, reflects collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC. Firm history dates back to the 1939 founding of Neuberger & Berman (the predecessor to Neuberger Berman LLC).

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