Neuberger Berman

Neuberger Berman LLC is an American investment company . Neuberger Berman was founded in 1939 by Robert Berman and Roy Neuberger and is based in New York City .

history

In July 2003, rumors arose that Lehman Brothers would take over Neuberger Berman. The acquisition closed on October 31, 2003 for $ 2.63 billion.

On November 20, 2006, HA Schupt & Co with assets under management of $ 2.5 billion was acquired.

As part of the Lehman Brothers' 11 USC Chapter 11 insolvency on September 15, 2008, the Neuberger Berman investment division was spun off.

In December 2008 an offer from management and employees was accepted so that Neuberger Berman belongs to the employees. In June 2014, Neuberger Berman strengthened sales in the Zurich branch.

Products

Neuberger Berman LLC primarily offers:

• Wealth management
• Open investment fund
• Institutional asset management

At the end of November 2008, assets of approximately $ 160 billion were under management.

Individual evidence

1. ↑ https://www.nb.com/MYP/NB/PUB/24771/NFA/H/H/V/U/doc/NIM_MBO_Press_Release_120308.pdf
2. ↑ Neuberger Berman is expanding its staff in Zurich. Retrieved September 27, 2016 . 

Web links

• Neuberger Berman Homepage