Neuberger Berman

Neuberger Berman Group is a global asset management firm headquartered in New York City, United States. The company has a rich history dating back to its foundation in 1939 by Roy Neuberger as a partnership. It gradually grew into a full-service investment firm and was later acquired by Lehman Brothers in 2003. Following the bankruptcy of Lehman Brothers in 2008, a group of senior professionals led a successful management buyout in 2009, establishing Neuberger Berman as an independent firm once again. Neuberger Berman offers a wide range of investment solutions for institutions, advisors, and individual investors. The firm specializes in equities, fixed income, alternative investments, and multi-asset class strategies. It manages assets across various sectors, including healthcare, technology, financial services, and consumer goods, to name a few. With a presence in 34 offices across 24 countries, Neuberger Berman operates on a global scale. The company has established strong partnerships and joint ventures in key regions. Notably, it has a strategic alliance with Dyal Capital Partners, focused on private equity investments, as well as joint ventures in China and India. These partnerships enable Neuberger Berman to expand its reach and provide localized investment solutions to clients. Neuberger Berman is well-regarded for its expertise, innovation, and client-focused approach. It is consistently ranked among the top asset managers globally. The firm's strong market position is reflected in its substantial assets under management, which stood at $433 billion as of December 2021. In terms of major events and achievements, Neuberger Berman has made several strategic acquisitions over the years to enhance its capabilities. Notably, it acquired the majority of Lehman Brothers' Investment Management Division in 2009. The firm has also been recognized for its commitment to environmental, social, and governance (ESG) investing, offering a range of sustainable investment solutions to meet growing client demand. As of the latest updates, Neuberger Berman continues to focus on delivering superior investment performance and expanding its global footprint. The firm consistently invests in talent and technology to provide innovative solutions to its clients. With a strong track record and a client-centric approach, Neuberger Berman remains a distinguished asset management firm in the industry.