Neuberger Berman, a New York investment firm led by George Walker, raised over $1 billion for its NB Real Estate Secondary Opportunities Fund II LP — 30% above target and 48% more than its predecessor fund. The fund focuses on mature real estate funds, targeting middle-market investments in the U.S. and Europe, with some exposure to Asia. Specializing in real estate secondaries, Neuberger Berman aims for high-quality assets with short durations. The firm manages $508 billion in assets, including $8 billion in private real assets.
Neuberger Berman
