New York, NY, December 14, 2020 – Neuberger Berman, a private, independent, employee-owned investment manager, is honored to be ranked second among companies with 1,000 employees or more in the 2020 “Best Places to Work in Money Management” survey by Pensions & Investments.
New York, NY, February 6, 2020 – Neuberger Berman, a private, independent, employee-owned investment manager, announced the closing of a sustainability-linked corporate revolving credit facility. The firm’s cost of debt will be higher or lower depending on its performance against key ESG metrics. Reflecting the firm’s long-standing belief that material environmental, social and governance factors are an important driver of long-term investment returns from both an opportunity and a risk mitigation perspective, it is understood to be the first North American financial services firm to enter into such a credit agreement.
New York, NY, February 3, 2020 – Neuberger Berman, a private, independent, employee-owned investment manager, announced the acquisition of Almanac Realty Investors. The addition of Almanac deepens Neuberger Berman’s real estate solutions, complementing public REIT strategies of $1.8 billion, including the Neuberger Berman Real Estate Fund, real estate private equity secondaries, and public and private mortgage credit.
New York, December 2, 2019 — Dyal Capital Partners (“Dyal”), a division of Neuberger Berman, announced the final closing of Dyal Capital Partners IV (“Fund IV”) with over $9.0 billion of committed capital. Dyal closed Fund IV on October 31, 2019 and increased the target fund size by over $3.5 billion during the marketing period, as investment opportunities increased and investor interest in the strategy grew. As with Dyal’s previous fund, Fund IV was heavily oversubscribed at the final close.