Corporate Moves
Neuberger Berman to Acquire McKinsey’s Wealth and Asset Management Unit
MIO Partners will be integrated into Neuberger following SEC scrutiny of McKinsey’s nonpublic information controls.
Tag: Neuberger Berman
Newsmakers
Neuberger Snags Emerging Markets Portfolio Managers From Schroders
Vera German and Juan Torres will join Neuberger Berman’s EM equities team in London.
Newsmakers
Steven Meier Named Institutional Vice Chair at Neuberger Berman
The former New York City pension CIO will provide insights and thought leadership in a newly created role.
Corporate Moves
Neuberger Berman, PIF to Deploy $6B in Saudi Investments
The duo will launch a multi-asset program to support the growth of the asset management industry in Saudi Arabia.
Asset Allocation
New York State Pension Commits Nearly $3B to Private Equity in November 2024
The New York State Common Retirement Fund earmarked $2 billion to a single Neuberger Berman fund.
Asset Allocation
Consortium Including CPP Investments, EQT, Neuberger Berman Acquires Private School Network
The transaction for Nord Anglia Education will value the day and boarding school system at $14.5 billion.
Manager Selection
Neuberger Berman Names Jeff Blazek as Co-CIO for Multi-Asset Strategies
The investment management veteran comes from Cambridge Associates.
It’s Just the Beginning for Surging Secondary PE Sales
Used as an escape hatch when private equity is in the doldrums, this venue has become established enough to keep going in better days, strategists say.
Asset Allocation
NY State Pension Commits Over $2 Billion for Private Equity, Real Estate
The Common Retirement Fund also earmarks investments in absolute return and credit.
Coronavirus - COVID-19
OP-ED: Trust and Data Transparency Are Now the Same Thing
As CIOs comb their portfolios for liquidity, transparency is expected, demanded, and has become the new normal.
Pensions
Pennsylvania SERS Returns 18.8% in 2019
$30.9 billion fund also earmarks $500 million in new investments.
British Pension Pool Picks Managers for New Corporate Bond Fund
Selections chosen for their UK presence and global reach.