Neuberger Berman Closes $4B Fund, Shakes Up Secondaries Market

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Track Record: $15B in Deals and Climbing

Neuberger Berman’s secondaries team is no rookie squad. They’ve led or co-led over 40 continuation fund transactions, accounting for more than $15 billion in aggregate deal value—a résumé that reinforces their growing dominance in one of the fastest-changing corners of private finance.

Legal Powerhouse Behind the Scenes

Guiding this massive fundraise was elite law firm Simpson Thacher & Bartlett LLP, fielding a seasoned team:

  • Lauren King, funds partner

  • Benjamin Rippeon and Jacqueline Clinton, tax partners

  • Julia Kohen, credit partner

Their role ensured the complex structure and cross-border commitments were ironclad and regulation-ready.

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