Neuberger Berman PE
Anyone has any insights on the private equity group of NB? Would it be a good exposure to the PE industry or tough to transition to "control PE" down the road?
Trending Content
| +26 | VP Level - when to follow up after final round | 10 | 1d | |
| +25 | Sr Asso / VP Unemployment Check-in | 7 | 1h | |
| +20 | Vista Lateral Associate | 12 | 11h | |
| +16 | IB/PE Lifers, Was It Worth It? | 5 | 1d | |
| +15 | Anyone here work at 777? | 15 | 7h | |
| +14 | EBITDA walkdown to cash flow for debt service | 10 | 5d | |
| +14 | Why is Blackstone so dominant? | 9 | 3d | |
| +14 | Boss says one thing and does another | 7 | 12h | |
| +13 | Public company LBO | 4 | 11h | |
| +12 | Late to the PE Recruiting Where Do I Even Start | 2 | 5d |
Career Resources
Depends, are you familiar with Primary, co, and secondary investments? They have a really unique PE platform, yet they differ greatly from your everyday buy-out fund.
So if you’re interested to gain exposure to their line of business and the thus higher deal flow, and greater exposure to other GPs, I’d suggest looking into their opportunities :)
Can you elaborate on how it’s unique? (Eg mostly Co-investments / non-controlling positions)?
They have a very successful co - investment and secondaries business. What makes it special is their unique network to platinum PE funds and their long lasting relations with top managers. As you said they acquire non-controlling interests as a co-investor usually as Co-underwriter (however they also do syndications and mid life deals). NB usually is one of the first names that comes up when GPS try to raise extra money for an add-on or want to change their funds capital structure (eg.: GP led secondary transaction).
They thus also have a extremely wide and diverse pool of possible investments to chose from and can pick the best ones out to follow through with. The deal flow is very high and they do not intend to actively engage in portco management or other controlling interest tasks.
Their USP (to the deal sponsors) is; that they are a diligent, highly professional, very liquid, and nimble partner. One who the GPS trust and know that once NB invests with them that the trust also goes the other way. It’s actually quite interesting how strong the synergies of primary, secondary and co-investment businesses can be leveraged.
They have a very good reputation in the market and culture wise they’re also very interesting.
I hope that gives you more context ✌🏼
SB’d. Very helpful!
Iusto assumenda corporis velit veritatis ut. Sapiente eos facere illum minima aut sed. Vitae reiciendis laborum et natus excepturi. Rerum dolorem quod dolorum voluptatem ratione aut.
Quae totam inventore iure minus itaque id. In sint veritatis maxime repellat ipsa et nesciunt. Sint voluptatem praesentium et quaerat rerum quasi. Repellat molestiae ab accusantium aut amet est saepe.
In dolor eligendi et et possimus. Voluptatem nobis et qui itaque ut. Qui rem nesciunt consequuntur sunt voluptatem et cupiditate consequatur. Dolorem dolor sint alias quasi dignissimos quos asperiores.
Accusamus dolorem eum esse ea ab non nam in. Excepturi laudantium eius esse similique deleniti rerum ad. Facilis doloribus laudantium et velit nulla repellat. Voluptatibus officia iure quasi quod cum neque unde.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...