Neuberger Berman

Neuberger Berman LLC is an American investment company. Neuberger Berman was founded in 1939 by Robert Berman and Roy Neuberger and is headquartered in New York City.

History

In July 2003, there were rumors that Lehman Brothers Neuberger Berman wanted to take over. The acquisition was completed on 31 October 2003 for 2.63 billion U.S. dollars.

On 20 November 2006, H. A. Schupt & Co acquired with assets of 2.5 billion U.S. dollars.

In the context of insolvency by 11 USC Chapter 11 of Lehman Brothers on 15 September 2008, the investment banking division Neuberger Berman was outsourced.

In December 2008, a range of management and employees was adopted so that Neuberger Berman is one of the employees.

Products

Neuberger Berman LLC primarily offers:

  • Wealth Management
  • Open-end investment fund
  • Institutional Asset Management

End of November 2008 assets of about 160 billion U.S. dollars have been managed.

Limited Liability Company Private Banking
598624
de