NB Renaissance Partners

NB Renaissance Partners operates as a private, independent, employee-owned investment firm housed within Neuberger Berman’s private markets platform. Neuberger Berman, which reports $567 billion in total assets under management, provides NB Renaissance with access to its 200-plus private markets specialists, nine global offices, and institutional distribution network. The Milan team retains full investment and operational autonomy.

The firm uses buyout, co-investment, expansion, and growth-equity structures. It writes majority and significant-minority checks to mid-market European companies. Over its history, NB Renaissance has completed more than 85 add-on acquisitions, using bolt-ons to internationalize platform companies and deepen competitive moats.

The investment focus is on Europe, with transaction sourcing and stewardship anchored in Italy. A Luxembourg presence supports fund operations. Portfolio companies include businesses headquartered in Italy and elsewhere in Europe. One publicly named holding, Inetum, operates as a pan-European IT services platform generating roughly €2.5 billion in revenue and employing approximately 28,000 people.

The dedicated NB Renaissance investment team consists of 20 private equity professionals based in Milan. They are supported by Neuberger Berman’s global private markets platform, which numbers more than 200 specialists across nine locations. Contained team size keeps decision-making centralized while the broader platform adds sector diligence and deal-sourcing capacity.

The firm focuses on two broad areas: niche industrial companies and enterprise-software businesses. It looks for global leaders in specialized industrial segments or local market champions with defensible positions. Heavy use of bolt-on acquisitions — over 85 closed since inception — signals a strategy built around consolidating fragmented sub-sectors rather than placing passive growth bets.