Neuberger Berman Loan Advisers II LLC

Neuberger Berman Loan Advisers II LLC

Neuberger Berman Loan Advisers II LLC is a credit-focused registered investment adviser formed within the asset-management giant Neuberger Berman, which traces its roots to 1939. The entity is one of several loan-adviser vehicles established by the firm to manage institutional capital in private credit markets. Its structure as a limited liability company reflects its role as a pooled investment vehicle rather than a standalone family office. The firm's strategy centers on originating and managing senior secured loans, direct lending, and asset-based credit investments. It seeks floating-rate debt exposures that offer downside protection through collateralization and loan covenants. Sectors include corporate credit, infrastructure debt, and real estate credit. The geographic footprint is primarily North America, with selective exposure to Western Europe. Deployment and team size for Neuberger Berman Loan Advisers II specifically are not publicly disclosed. The broader Neuberger Berman private credit platform manages over $90 billion in private debt assets as of late 2023 (per the firm's 2024 investor materials). The firm operates as a wholly owned subsidiary of Neuberger Berman Group, which is itself majority employee-owned. A structural differentiator is the vehicle's placement within Neuberger Berman's multi-strategy private debt platform, which spans direct lending, specialty finance, real estate debt, and infrastructure credit. This allows the loan adviser to access deal flow and underwriting resources from a large institutional asset manager, while operating as a distinct investment vehicle with its own mandate and leverage limits.