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Neuberger Berman announces final close of second European Long-Term Investment Fund
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Neuberger Berman, a private, independent, employee-owned investment manager, is pleased to announce the successful close of its second private equity European Long-Term Investment Fund (NB ELTIF 2022). The fund, which held its first close in February 2022, closed after eight months on 31 October, bringing the total fund size to €210m, above the initial €150m target, with commitments from clients in 15 different jurisdictions.
The successful fundraise demonstrates the growth of Neuberger Berman's global private equity investment strategy and the manager's active role in the market. The NB ELTIF 2022 invests across a range of private equity asset classes, primarily investing in buyouts and opportunistically investing in special situations, growth capital and credit...
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