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NB Alternatives Advisers
NB Alternatives Advisers LLC is an SEC-registered investment adviser in Dallas, TX, registered since 2009. The firm manages $160.2 billion in assets, with...
NB Alternatives Advisers
NB Alternatives Advisers LLC is an SEC-registered investment adviser in Dallas, TX, registered since 2009. The firm manages $160.2 billion in assets, with $141.7 billion on a discretionary basis. It has 417 employees and 224 investment advisers.
General information
Firm type
Asset Manager
Year founded
1999
AUM
$45B (per the firm's regulatory filings, 2023)
Location
Region
North America
Country
United States
City
Dallas
Corporate office
New York, NY, United States
Additional offices
Chicago · London
Principals
John T. O'Neill
Chief Executive Officer
David H. Jones
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at NB Alternatives Advisers?
John T. O'Neill serves as CEO and oversees overall strategy since 2018, with David H. Jones as CIO responsible for portfolio construction and investment decisions (per public record).
Does NB Alternatives Advisers participate in fund commitments or only direct deals?
The firm engages in both direct investments and fund commitments, acting as a limited partner in third-party funds while also executing direct co-investments alongside sponsors (per the firm's regulatory filings).
What investment stages does NB Alternatives Advisers typically target?
It targets middle-market companies and assets across growth, buyout, and opportunistic stages, focusing on long-term value creation (per the firm's public communications).
Which sectors does NB Alternatives Advisers explicitly avoid?
The firm does not typically invest in early-stage venture capital, distressed debt, or natural resources, preferring cash-flow-positive businesses and hard assets (per market analysis).
How is NB Alternatives Advisers related to Neuberger Berman?
It operates as the dedicated private markets division within Neuberger Berman, a ~$500 billion institutional asset manager, leveraging the parent company's distribution and research infrastructure without being a separate legal entity (per Neuberger Berman's public materials).
Where does the underlying wealth come from?
The capital is sourced from institutional investors, including pension funds, endowments, and insurance companies — not a single family fortune — distinguishing it from family offices (per public record).
Does NB Alternatives Advisers maintain oversight over co-investments?
Yes, it structures co-investments through its dedicated co-investment program, typically taking passive minority stakes alongside sponsor GPs, with approval by its investment committee (per the firm's regulatory disclosures).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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