Private equity back in vogue- Neuberger Berman raises US$720 million for new private equity fund

Indicative of the rising popularity of private equity investments and products that provide access to them, investment manager Neuberger Berman has raised over US$1.5 billion for its private equity fund of funds platform since January 2010 and US$720 million for its new NB Crossroads 2010 Fund. The new fund is focused on investing in premier private equity funds and co-investments…

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