Private, employee-owned investment firm Neuberger Berman has held the final close of the NB Credit Opportunities Fund II with approximately $2.5bn in limited partner capital commitments, exceeding the fund’s initial target of $1.5bn.
Private, employee-owned investment firm Neuberger Berman has held the final close of the NB Credit Opportunities Fund II with approximately $2.5bn in limited partner capital commitments, exceeding the fund’s initial target of $1.5bn.
The fund is managed by NB Capital Solutions, a group within Neuberger Berman that provides bespoke capital solutions to private equity-owned companies, enabling sponsors and management teams to achieve long-term strategic objectives.
The team sources, evaluates, and structures direct investments, with a primary focus on structured or minority equity, and other junior capital instruments. Investments are made in companies across a broad array of industries, with a focus on North America.
Including the new fund, NB Capital Solutions manages approximately $5.6bn of committed capital.
