Neuberger Berman, American employee-owned investment managers with teams around the world including Israel, launched the Neuberger Berman Global Long Short Fund to be headed by Daniel Geber, as part of the firm’s continued response to growing client demand for both global and alternative equity solutions.
Mr. Geber is a 20-year investment management veteran who most recently served as a senior asset manager at hedge fund firm GLG Partners. The team includes analysts Thuy Tran and Alan Freeman, with 15 years and 13 years of industry experience, respectively, both of whom also joined Neuberger Berman last year from GLG Partners.
“Our team has a true global perspective and an emphasis on deep research, ” said Daniel Geber. “We’re delighted to bring our approach to investors in a mutual fund format with this new fund especially at a firm like Neuberger Berman that combines a focus on great investing with deep experience managing mutual funds.”
The Neuberger Berman Global Long Short Fund is part of a growing suite of alternative mutual funds the firm offers U.S. investors. With a 20-year-plus history of managing alternatives portfolios, Neuberger Berman invests approximately $26 billion in alternatives globally, as of September 30, 2014, including more than $5 billion in liquid alternative mutual funds for U.S. investors.
“We have been a leader when it comes to alternative investment management solutions and we’re excited to add Global Long Short, ” said Joseph Amato, Neuberger Berman president and chief investment officer. “Neuberger Berman is a natural place for advisors and their clients to come for outcome-oriented solutions built to respond to today’s global market opportunity.”
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 18 countries, Neuberger Berman’s team is more than 2, 000 professionals and the company was named by Pensions & Investments as a 2013 and 2014 Best Place to Work in Money Management. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $247 billion in client assets as of September 30, 2014.