Press Release October 07, 2022

Neuberger Berman Raises $4.9 Billion for Fifth Global Private Equity Secondary Fund

The Private Investment Funds team advised Neuberger Berman on its fifth global private equity secondary fund, NB Secondary Opportunities Fund V LP ("SOF V"). 

SOF V closed at $4.9 billion, surpassing its target of $3.0 billion. It is the successor to NB Secondary Opportunities Fund IV LP, which had commitments of $2.5 billion.

Neuberger Berman is a private, independent, employee-owned investment manager.

The Goodwin team was led by Karen Chao, Natalia Kubik, Debasha Cox, Brittany Cohen, Brian Fiske, Patti Burris, Reed Carroll, Soo Min Jeong, Helena Wong and Rosie Jiang, with support from Romina Weiss, Matthew Dunay, Patrick Menasco and Bibek Pandey, and invaluable assistance from Alexandrine Armstrong-Cerfontaine, Bastien Voisin, Oana Millich and Jessica Laglasse. 

For more details, read the press release