Neuberger Berman Raises $2.8 Billion to Co-Invest With PE Firms

Neuberger Berman Raises $2.8 Billion to Co-Invest With PE Firms

Neuberger Berman has raised more than $2.8 billion for a new fund that invests side by side with private equity firms, stepping in to provide much-needed liquidity to a market where exits have become more challenging.

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Neuberger Berman raises over $2.8bn for Fund V From Funds Europe: New York-based investment manager Neuberger Berman has made a final close of its NB Strategic Co-Investment Partners V Fund with over $2.8 billion in capital commitments, surpassing its target of $2.25 billion. Fund V aims to build ... Article link

James Marshall: What’s next for PE-backed consolidators?

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Neuberger Berman bolsters co-invest capital with $2.8bn Fund V close, well above $2.25bn target

Investment management major Neuberger Berman has hauled in more than $2.8bn for the final close of its new co-investment fund. The post Neuberger Berman bolsters co-invest capital with $2.8bn Fund V close, well above $2.25bn target appeared first on AltAssets Private Equity News.

Neuberger Berman raises over $2.8bn for Fund V

New York-based investment manager Neuberger Berman has made a final close of its NB Strategic Co-Investment Partners V Fund with over $2.8 billion in capital commitments, surpassing its target of $2.25 billion. Fund V aims to build a high-quality, diversified and global portfolio of direct equity co-investments alongside premier private equity firms with diversification across

Neuberger Berman exceeds target in $2.8bn fund close

Neuberger Berman has concluded its latest private equity co-investment fund, which raised $2.8bn, much exceeding its initial $2.25bn target. The fund, NB Strategic Co-Investment Partners V (Fund V), likewise outperformed its predecessor, indicating that there is still a high demand for co-investment strategies that allow direct access to private equity opportunities. Furthermore, the completion takes Neuberger’s total client money raised for co-…