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Neuberger Berman AIFM Luxembourg Sarl
Neuberger Berman established this Luxembourg-regulated entity in 2012 to serve as its Alternative Investment Fund Manager (AIFM) under the EU's...
Neuberger Berman AIFM Luxembourg Sarl
Neuberger Berman established this Luxembourg-regulated entity in 2012 to serve as its Alternative Investment Fund Manager (AIFM) under the EU's Alternative Investment Fund Managers Directive. The entity is directly managed by the firm's European leadership, reflecting a structural commitment to local regulatory compliance while providing a platform for distributing alternative strategies to European institutional investors. The strategy mix through this vehicle mirrors Neuberger Berman's global alternatives platform, covering private equity buyouts and growth equity, direct lending and opportunistic credit, real estate including core and value-add strategies, and infrastructure debt and equity. Geographic focus spans Western Europe, North America and selective emerging markets. Known investments via related funds include holdings in UK-based Wexham Court Primary Care, a primary healthcare property, and French digital services firm I-Tracing (per Neuberger Berman 2023 disclosures). The overall firm manages approximately $460B in client assets, of which over $100B is allocated to alternative strategies (public record, 2024). The Luxembourg AIFM office coordinates with the firm's main European hub in London, with additional teams in Dublin, Paris, Frankfurt and Zurich. In April 2024, Neuberger Berman held a final closing for its sixth direct lending fund at $5.3B, deployable through the AIFM platform for European clients (per the firm, April 2024). The Luxembourg AIFM structure differentiates Neuberger Berman from many US-based peers: it allows the firm to market alternative funds across the EU under a single regulatory passport, while maintaining local compliance infrastructure. This regulatory architecture has become a standard model for large US managers seeking efficient European distribution, but Neuberger Berman was an early adopter among traditional asset managers building a dedicated AIFM platform.
General information
Firm type
Alternative Investment Fund Manager
Year founded
2012
AUM
Undisclosed
Location
Region
Europe
Country
Luxembourg
City
Luxembourg
Corporate office
Luxembourg City, Luxembourg
Principals
George H. Walker
Chairman and Chief Executive Officer, Neuberger Berman Group
Sector focus
Frequently asked questions
Who makes investment decisions at Neuberger Berman AIFM Luxembourg Sarl?
Overall investment strategy for the alternatives platform is set by George H. Walker, Chairman and CEO of Neuberger Berman Group. European-specific leadership includes the heads of the firm's private debt, private equity and real estate teams based in London and Luxembourg. The AIFM entity itself is managed by its board of directors and a management team responsible for risk management, compliance and fund oversight (per regulatory filings).
Is this entity a separate investment firm or part of Neuberger Berman?
Neuberger Berman AIFM Luxembourg Sarl is a wholly-owned subsidiary of Neuberger Berman Group LLC. It operates as the regulated AIFM for the firm's European-domiciled alternative investment funds, meaning it is legally responsible for portfolio management and risk oversight under EU law. Investment decisions flow from the firm's global and European investment committees.
What types of funds does the AIFM manage?
The entity manages a range of alternative fund structures, including European long-term investment funds (ELTIFs), specialised investment funds (SIFs) and reserved alternative investment funds (RAIFs). These cover private equity, private credit, real estate, infrastructure and hedge fund strategies, distributed to institutional and professional investors across the EU (per regulatory registrations).
Does the AIFM make direct investments or act as a fund-of-funds?
The AIFM primarily manages directly invested alternative funds, where capital is deployed into underlying assets (companies, loans, properties, infrastructure projects). Neuberger Berman also offers fund-of-funds and co-investment programs through separate vehicles, but the Luxembourg AIFM platform focuses on commingled funds and separate accounts that invest directly in the strategy's asset class.
What investment stages and sectors does Neuberger Berman target through its alternatives platform?
Through the AIFM-managed funds, Neuberger Berman targets the full spectrum of private markets: private equity (control and minority buyouts, growth equity), private credit (direct lending, mezzanine, opportunistic credit), real estate (core, core-plus, value-add in Europe and the US) and infrastructure (debt and equity across energy, transport and digital sectors). Sectorally, the firm is active in healthcare, business services, technology, industrials, consumer and energy transition.
How does Neuberger Berman's European AIFM structure benefit institutional allocators?
The AIFM structure provides a single regulated entity that can market alternative investment funds across all EU member states under the AIFMD passport. For European institutional investors, this means the funds they invest in are subject to comprehensive regulatory oversight, including independent valuation, risk management and reporting standards, while also offering greater legal certainty and tax transparency than investing directly into a US-domiciled fund.
What is the minimum investment for institutional clients?
Minimum investment amounts vary by fund strategy and fund documentation. For typical institutional launches through the Luxembourg AIFM, the minimum subscription is often set at 1 million euros, though this can be higher for specialised strategies or lower for fund-of-funds structures. Each fund's offering memorandum specifies the minimum investment amount.
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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