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What is the total value of the assets under management at Neuberger Berman?

April 26, 2017assets berman Management neuberger berman total value

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What is the total value of the assets under management at Neuberger Berman?

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Neuberger Berman Group, LLC, through its subsidiaries is an investment management firm that provides financial services for high net worth individuals and institutional investors. The company’s three primary businesses include; wealth management, mutual funds, and institutional asset management. Neuberger Berman was founded in 1939 and is based in New York City. From 2003 to 2008, Neuberger Berman served as the asset management arm of Lehman Brothers. Following the bankruptcy of Lehman Brothers, Neuberger Berman was sold to its management on December 3, 2008 as part of the liquidation process Sources: http://en.wikipedia.

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Neuberger Berman Group LLC today announced the completion of an employee-led buyout of the 70-year-old company, creating one of the world’s largest private, independent money managers with approximately $158 billion in assets under management for institutions and individuals.