X
Menu
X

Industry News

Neuberger Berman Launches Specialty Finance Group
New York, NY, May 1, 2018 – Neuberger Berman, a private, independent, employee-owned investment manager, announced its entry into the broader specialty finance industry with the formation of Neuberger Berman Specialty Finance group (“NBSF”). The firm manages $299 billion in assets, of which $60 billion is alternative investments for institutions and individuals. NBSF seeks to identify assets within the consumer, small business, and bridge loan segments in order to build short duration, income producing credit portfolios for its clients. The group will partner with high-quality originators who have strong underwriting and servicing capabilities. Utilizing the latest financial technology, NBSF will strive to create diversified portfolios with robust risk protection. The group will leverage strong internal research and data to best position portfolios for the current economic climate. Peter Sterling has joined the firm to serve as the Head of Neuberger Berman Specialty Finance. NBSF efforts will be enhanced by collaboration