Our Investment Manager
NBPE is managed by the NB Private Markets division of Neuberger Berman. Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager, structurally aligned with the long-term interests of its clients. From offices in 36 cities across 25 countries, the firm manages a range of equity, fixed income, private equity and hedge fund strategies on behalf of institutions, advisors and individual investors worldwide.
NB Private Markets has a team of approximately 200 private equity professionals across 11 offices globally. The large, stable team includes 29 senior investment professionals with an average of over 25 years of experience.
NB Private Markets Key Facts
Integrated Platform Providing Access to Leading Private Equity Managers
In Capital Commitments1
Years of Investing
Ratings by UN PRI for Private Equity ESG Integration2
Years of Average Experience of Senior Investment Team3
Employee Retention Rate4
Dedicated Private Markets Professionals
Underlying Private Companies5
Private Equity Fund Investments6
LPAC Advisory board seats7
1As at 30 September 2021. Represents aggregate committed capital since inception in 1987, including commitments in the process of documentation or finalization.
2 Awarded by UN-supported Principles for Responsible Investment. Principles for Responsible Investment Scores. PRI grades are based on information reported directly by PRI signatories, of which investment managers totalled 1,924 for 2020, 1,119 for 2019, 1,120 for 2018 and 935 for 2017. All signatories are eligible to participate and must complete a questionnaire to be included. The underlying information submitted by signatories is not audited by the PRI or any other party acting on its behalf. Signatories report on their responsible investment activities by responding to asset-specific modules in the Reporting Framework. Each module houses a variety of indicators that address specific topics of responsible investment. Signatories’ answers are then assessed and results are compiled into an Assessment Report. The Assessment Report includes indicator scores, summarizing the individual scores achieved and comparing them to the median; section scores, grouping similar indicator scores together into categories (e.g. policy, assurance, governance) and comparing them to the median; module scores, aggregating all the indicator scores within a module to assign one of six performance bands (from E to A+). Awards and ratings referenced do not reflect the experiences of any Neuberger Berman client and readers should not view such information as representative of any particular client’s experience or assume that they will have a similar investment experience as any previous or existing client. Awards and ratings are not indicative of the past or future performance of any Neuberger Berman product or service. Moreover, the underlying information has not been audited by the PRI or any other party acting on its behalf. While every effort has been made to produce a fair representation of performance, no representations or warranties are made as to the accuracy of the information presented, and no responsibility or liability can be accepted for damage caused by use of or reliance on the information contained within this report. Information about PRI grades is sourced entirely from PRI and Neuberger Berman makes no representations, warranties or opinions based on that information. 2020 PRI Leaders Group. The PRI Leaders’ Group is based on a different theme each year. In 2020, the theme is climate reporting. All investor signatories – asset owners and investment managers – were eligible. To be considered for the Leaders’ Group 2020, signatories had to demonstrate a strategic approach to aligning their organization with the FSB’s Task Force on Climate-related Financial Disclosures (TCFD) in their 2020 responses to the PRI Reporting Framework.’ To assess this, UN PRI looked at their publicly disclosed responses throughout the climate change reporting indicators of the Strategy and Governance (SG) module, as well as whether they reported: publicly expressing support for the TCFD; having a board-approved implementation plan in place; how their organization is using scenario analysis; considering both short- and long-term climate risks; and working towards specific climate-related targets. Having screened all signatories against this year’s theme, a combined score using responses from across the Reporting Framework was used to identify, from that pool, the Leaders’ Group 2020.
3 Reflects Private Investment Portfolios and Co-investment (“PIPCO”) Managing Directors only.
4 Average annual retention over from 2015 through August 2021 of Private Investment Portfolios and Co-investment Investment Team Managing Directors and Principals. Computed as number of departures over total number of senior investment professionals among the Private Investment Portfolios and Co-investment senior team only.
5 Represents active portfolio companies for PIPCO and Secondaries through 30 June 2021.
6 Represents commitments made during NB Alternatives Vintage Years 2018 ‑ 2020 for PIPCO and Secondaries as at 30 June 2021.
7 Includes Limited Partner Advisory Committee seats and observer seats for PIPCO and Secondaries since inception as at 30 June 2021.