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Neuberger Berman BD
NEUBERGER BERMAN BD LLC is an SEC-registered investment adviser in NEW YORK, NY, since 1966. The firm has 1087 employees and 775 investment advisers.
Neuberger Berman BD
NEUBERGER BERMAN BD LLC is an SEC-registered investment adviser in NEW YORK, NY, since 1966. The firm has 1087 employees and 775 investment advisers. It is headquartered in NEW YORK, NY.
General information
Firm type
Multi Family Office
Year founded
1939
AUM
$482B (per the firm, December 2024)
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Chicago · Los Angeles · London · Hong Kong · Tokyo · Zurich · Singapore · Dubai
Principals
George H. Walker
Chairman and Chief Executive Officer
Joseph V. Amato
President and Chief Investment Officer – Equities
Brad Tank
Chief Investment Officer – Fixed Income
Sandeep Singh
Chief Operating Officer
Michelle Greene
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Neuberger Berman?
George H. Walker serves as Chairman and CEO, overseeing firm-wide strategy. Joseph V. Amato is President and CIO of Equities, and Brad Tank is CIO of Fixed Income. Day-to-day investment decisions for private credit and real assets are managed by sector-specific teams in New York, London, and Hong Kong (per the firm, 2024).
Is Neuberger Berman structured as a single family office or does it operate more like an institutional asset manager?
It is a publicly traded asset manager wholly owned by private equity, not a family office. However, its origins as Roy Neuberger's personal wealth manager give it a long-horizon mindset with patient capital allocations, particularly in its private markets group (per public record, 2024).
How does Neuberger Berman source proprietary deal flow?
Sourcing comes from its extensive public markets research, private company relationships, and a dedicated six-person investment team covering direct lending, distressed debt, and real assets. Co-investment opportunities arise from GP relationships in secondaries and funds-of-funds (per the firm, 2023).
What investment stages does Neuberger Berman typically target?
In public markets, it covers all market caps. In private markets, it focuses on growth-stage and middle-market companies, specifically for direct lending, real estate, infrastructure, and special situations. It does not typically participate in venture-stage early equity deals (per the firm, 2024).
What is Neuberger Berman's-known posture on co-investments alongside external GPs?
The firm frequently co-invests alongside select GPs in the secondaries and private credit spaces, typically taking minority positions. Co-investments are structured side-by-side with direct holdings in its private credit platform (per the firm, 2024).
Does Neuberger Berman maintain philanthropic structures, and how are they separated?
Yes, the Neuberger Berman Foundation is a separate 501(c)(3) entity funded by the firm's profits. Foundation investments are managed independently and not commingled with client or proprietary assets (per public record, 2024).
Where does Neuberger Berman's wealth come from?
The firm was founded with Roy Neuberger's personal capital generated from stock market trading and art dealing. Today, it manages third-party institutional and individual capital — not a single-family fortune (per public record, 2024).
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