Neuberger Berman
Neuberger Berman is an independent, employee-owned investment manager with a substantial private markets platform spanning primaries, co-investments, private credit, capital solutions, and secondaries.
- Private markets secondaries and liquidity-solutions investor
- Secondaries & Liquidity Solutions PEF
- Tier II
Overview
Neuberger Berman is an independent, employee-owned investment manager with a substantial private markets platform spanning primaries, co-investments, private credit, capital solutions, and secondaries. Its secondary strategies include diversified LP-led investments and dedicated GP-led capital.
The firm has built a significant position in continuation vehicles through transactions involving single assets and multi-asset portfolios. Company-level research and sponsor relationships support its assessment of assets that require direct underwriting rather than only fund-level portfolio analysis. Within The Economy Wiki, the firm is connected to the Secondaries & Liquidity Solutions PEF market category.
Firm facts
| Institution | Neuberger Berman |
| Type | Private markets secondaries and liquidity-solutions investor |
| Headquarters | New York, United States |
| Founded | 1939 |
| Primary ranking focus | Secondaries & Liquidity Solutions PEF |
| Highest 2026 tier | Tier II |
Activities and investment capabilities
Neuberger Berman’s broader private markets platform also gives it visibility across managers, industries, capital structures, and ownership cycles. This is relevant where liquidity solutions must be tailored around a sponsor’s objectives and the remaining development needs of portfolio companies.
LP-led secondaries
Acquisition of fund interests and portfolios from existing limited partners.
GP-led solutions
Continuation vehicles and liquidity structures organized around selected assets or funds.
Portfolio finance
Structured capital and customized liquidity for private-market portfolios.
Strategy and transaction coverage
Strategy and sector coverage
Private equity; venture and growth; private credit; infrastructure and real assets
Transaction and ownership contexts
LP-led portfolios; GP-led transactions; continuation vehicles; direct secondaries; structured liquidity
Market position
Neuberger Berman was included in Tier II in recognition of its scaled secondary-market capital, established GP-led capabilities, independent ownership model, and integration of manager relationships with fundamental asset underwriting.
Neuberger Berman is assessed within the Secondaries & Liquidity Solutions PEF framework. For wider market context, see Middle-Market Private Equity: Returns, Scale and Manager Selection.
Competitive context
Neuberger Berman is recognized Tier II in Top 30 Secondaries & Liquidity Solutions PEF 2026. The ranking compares firms by institutional relevance, specialist capability, investment activity, operating depth and market positioning. Comparable-firm links below support navigation and do not imply that every institution competes for every transaction or asset.
Leadership and governance
Leadership, investment-committee composition and operating resources may change over time. Current information should be confirmed through Neuberger Berman’s official website.
| Leadership area | Current source |
|---|---|
| Investment and operating leadership | Current team and governance information |
Corporate and public information
This profile refers to Neuberger Berman as the public-facing investment organization. Individual funds, management companies, advisers and regulated entities may use separate legal names across jurisdictions.
Corporate and disclosure information
| Organization | Neuberger Berman |
| Headquarters | New York, United States |
| Public website | www.nb.com/what-we-do/private-markets-and-alternatives/private-equity |
| Profile basis | Public institutional information and Capital Ranking editorial research |
Ranking recognition
Related Economy analysis
Selected Economy Markets articles provide context for the investment, diligence, financing and value-creation themes relevant to this firm:
- Middle-Market Private Equity: Returns, Scale and Manager Selection
- Private Credit Lending Models as Banks Retreat
- Private Credit’s Trillion-Dollar Growth Meets Its AI Debt Test
