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

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.

20 January 2016•3 mins read
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