Neuberger Berman private debt fund raises more than $620 mln

Neuberger Berman said Wednesday that its NB Private Debt Fund has closed on more than $620 million of LP partner commitments. The fund will seek to invest in the debt of private equity-backed companies, including uni-tranche loans, second lien loans and mezzanine debt securities of companies in both the primary issuance and secondary market. At the final close, the Fund was 52 percent invested in 22 companies.

9 September 2015•3 mins read
Feature image
LinkedInXEmail
LinkedInXEmail