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Neuberger Berman adds Susan Kasser to head private debt team

Neuberger Berman, an employee-controlled asset manager, has appointed Susan Kasser as managing director and head of private debt at Neuberger Berman Alternatives. 

Kasser joined Neuberger Berman in March and is based in New York.
Neuberger Berman’s private debt business is focused on building portfolios of attractive yield-oriented investments, including uni-tranche, second lien and mezzanine, and financing portfolio companies of private equity investors. The private debt business is a part of Neuberger Berman Alternatives, a private equity limited partner and an experienced direct equity co-investor. Neuberger Berman Alternatives has approximately 60 investment professionals in its integrated private equity platform, which consists of capabilities across primary and secondary fund investments as well as direct debt and equity investments in transactions led by financial sponsors.
Kasser joins Neuberger Berman from The Carlyle Group, where she was a founding member of Carlyle Mezzanine Partners. In her prior role, she focused on investing in privately negotiated junior debt and equity securities of middle market and large cap leveraged buyouts, recapitalisations and growth financings across multiple industries.
Prior to Carlyle, she worked at Goldman Sachs in several groups, including leveraged finance, private equity and global investment research.
"The breadth of Susan’s industry experience as a deal leader will enable us to further develop and enhance yield-oriented investment solutions for our clients," says Anthony Tutrone, managing director and global head of Neuberger Berman Alternatives, which manages approximately USD18bn for institutions and individuals. "By expanding our dedicated effort focused on financing private equity transactions, we are also broadening the partnership between Neuberger Berman Alternatives and the private equity community."

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