Neuberger Berman Closes Private Equity Impact Fund, At Nearly $280M

Neuberger Berman Closes Private Equity Impact Fund, At Nearly $280M
manager, closed NB Private Equity Impact Fund, at nearly $280m.
The Impact Fund is backed by a global investor base that includes public and private pension plans, insurance companies and other financial institutions, endowments, foundations and family offices. Investors are represented across a broad geographic range including North America, Europe, Asia and Australia.
The fund primarily invests in direct and fund investments that seek to achieve positive social and environmental outcomes that are aligned with the UN Sustainable Development Goals and that also meet NB Private Equity’s traditional underwriting standards.

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