US EditionNEUBERGER BERMAN RAISES $4 BILLION FOR LATEST GP-LED SECONDARY FUND, MARKING ONE OF THE LARGEST RAISES IN A RAPIDLY GROWING MARKET
- In 2025, Neuberger Berman successfully finalized fundraising for its NB Strategic Capital Fund II, securing more than $4 billion in commitments from investors and exceeding its original $2.5 billion goal.
- The fund's strong raise followed a 44% expansion of the GP-led secondary market in 2024, which reached a record $75 billion in transaction value.
- NB Strategic Capital Fund II significantly grew from the 2020 predecessor of $955 million and attracted a diverse global investor base across multiple regions and sectors.
- Co-Head Tristram Perkins expressed enthusiasm about the rapidly expanding segment of GP-led secondaries, highlighting strong investor trust and the promising potential it holds as a key liquidity source and appealing investment avenue.
- This fund marks a major step in Neuberger Berman's strategy, reinforcing its position as a leading partner in private markets and GP-led secondary investments.
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PR Newswire
CNHI NewsNEUBERGER BERMAN RAISES $4 BILLION FOR LATEST GP-LED SECONDARY FUND, MARKING ONE OF THE LARGEST RAISES IN A RAPIDLY GROWING MARKET
/PRNewswire/ -- Neuberger Berman, a private, independent, employee-owned investment manager, is pleased to announce the final close of NB Strategic Capital...
Neuberger Berman closes $4bn GP-led secondaries fund
Neuberger Berman has raised over $4bn for its latest GP-led secondaries vehicle, NB Strategic Capital Fund II, marking one of the largest fundraises to date in the rapidly expanding market for sponsor-backed continuation vehicles. The close represents a major step forward for the firm’s secondaries platform, quadrupling the size of its 2020 predecessor fund, which closed at just under $1bn. The latest fund exceeded its original $2.5bn target, bo…
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Laxman Pai, Opalesque Asia: Neuberger Berman, an American private, independent, employee-owned investment management firm, clinched its second strategic capital fund after securing just over $4 billion in capital commitments. The new vehicle, called NB Strategic Capital Fund II, has surpassed its in... Article link
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