Neuberger Berman sells CapitalAnalytics

By Luisa Beltran — 4 days ago

MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, has agreed to buy CapitalAnalytics from Neuberger Berman. Financial terms weren’t announced. Dallas-based CapitalAnalytics provides private equity fund administration services for GPs and portfolio administration services for LPs.

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Neuberger Berman closes third PE co-investment fund at $1.5 bln

By Luisa Beltran — 3 weeks ago

Neuberger Berman said Wednesday that its third global private equity co-investment fund closed at its hard cap of $1.5 billion. The target of NB Strategic Co-Investment Partners III LP was $1.25 billion. NBCIP III seeks to invest in deals alongside private equity firms in their core areas of expertise. Investors of the fund include approximately 30 institutional clients includes public pension plans, foundations, corporate pension plans, and financial companies.

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Dyal Capital Partners invests in Chenavari Investment Managers

By Luisa Beltran — 4 months ago

Dyal Capital Partners has acquired a passive minority stake the controlling company of Chenavari Investment Managers. Chenavari is diversified alternative asset management group focused on credit, structured finance, real estate and private debt strategies. Dyal is the private equity business of Neuberger Berman.

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Dyal takes minority stake in Chenavri

By Iris Dorbian — 4 months ago

Dyal Capital Partners has acquired a minority stake in Chenavari, an alternative asset manager focused on credit, structured finance, real estate and private debt strategies. No financial terms were disclosed. Dyal is Neuberger Berman‘s private equity unit.

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Malloy joins Neuberger Berman

By Luisa Beltran — 4 months ago

Matthew Malloy is joining Neuberger Berman as Global Head of Insurance Solutions effective Oct. 5. Malloy was previously a Managing Director and Global Head of Institutional Solutions & Advisory at J.P. Morgan Asset Management.

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Neuberger Berman private debt fund raises more than $620 mln

By Luisa Beltran — 5 months ago

Neuberger Berman said Wednesday that its NB Private Debt Fund has closed on more than $620 million of LP partner commitments. The fund will seek to invest in the debt of private equity-backed companies, including uni-tranche loans, second lien loans and mezzanine debt securities of companies in both the primary issuance and secondary market. At the final close, the Fund was 52 percent invested in 22 companies.

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Dyal Capital takes minority stake in Vista Equity

By Luisa Beltran — 7 months ago

Dyal Capital Partners said Tuesday it has made a passive, minority investment in Vista Equity Partners. Financial terms weren’t announced. Vista, a technology focused private equity firm, said it will maintain complete control over its operations. Dyal Capital is the PE unit of Neuberger Berman.

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Neuberger Berman to buy Merrill Lynch Alternative’s fund of funds business

By Luisa Beltran — 8 months ago

Neuberger Berman said Thursday that it has agreed to buy the private equity fund of funds business of Merrill Lynch Alternative Investments LLC. Key private equity professionals from Merrill Lynch will also be joining Neuberger Berman. The transaction is expected to close in August. Merrill Lynch Alternative Investments LLC is the alternative investment business of Bank of America Corp.

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Neuberger Berman launches PE team

By Luisa Beltran — 8 months ago

Neuberger Bergman said Monday that it has formed a strategic partnership with Intesa Sanpaolo to invest in Italian companies. The JV calls for Marco Cerrina Feroni and Fabio Canè, who previously led Intesa Sanpaolo’s merchant banking and private equity operations, and several members of their team, to join Neuberger Berman. Stefano Bontempelli, a former Neuberger Berman’s European Private Equity MD, has also rejoined the firm. The execs, who are based in Milan, will be part of the global Private Equity Division, which led by Anthony Tutrone, Global Head of Neuberger Berman Private Equity.

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Neuberger Berman appoints Chen to lead Asia Pacific PE efforts

By Iris Dorbian — 9 months ago

Neuberger Berman has hired Kent Chen as managing director and leader of the firm’s private equity efforts in the Asia Pacific region. Previously, Chen worked at Hong Kong Monetary Authority where his positions included deputy chief representative of the company’s New York office and advisor to the executive director for China at the International Monetary Fund in Washington, D.C.

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SK Capital hires executive from CI Capital as CFO

By Chris Witkowsky — 12 months ago

SK Capital Partners has hired Jerry Truzzolino as chief financial officer from CI Capital Partners. Truzzolino previously worked at Neuberger Berman as senior vice president and co-head of the finance group. The firm also promoted Philip Marxen to principal from vice president. Marxen joined SK Capital in early 2014.

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