Neuberger PE co-investment fund to seek Asian deals
The second co-investment private equity fund by Neuberger Berman has closed above target at $1.1 billion, which includes allocations from Asian investors.
![Neuberger PE co-investment fund to seek Asian deals](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2Fmerger_75075112.jpg&c=1&h=677&q=100&v=20245001&w=1204)
Neuberger Berman has closed its second co-investment fund at $1.1 billion, which will invest globally, including in Asia-Pacific.
NB Strategic Co-Investment Partners Fund II (NBCIP II), which invests alongside major private equity firms for buyout and growth finance deals globally, surpassed its $750 million target. It is the follow-on vehicle to NBCIP I, which closed in 2006 at $1.6 billion.
Fund II's Asian investor base comprises less than 5% of the total AUM, but represents a…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.