The Universities Superannuation Scheme has acquired a $135 million stake in the $1.77 billion Neuberger Berman Secondary Opportunities Fund II. This makes USS the fund’s largest limited partner. The seller was the Lehman Brothers Estate, which retains a $50 million position in the fund.
PRESS RELEASE
The Universities Superannuation Scheme (USS) has expanded its private equity investment programme by acquiring a $135 million interest in the Neuberger Berman Secondary Opportunities Fund II from the Lehman Brothers Estate.
