“portagon has built a leading distribution platform that serves as an operational cornerstone, empowering Neuberger Berman to expand its market presence by connecting with their unparalleled network of wealth managers, family offices and IFAs,” said Csaba Dani, Senior Vice President at Neuberger Berman. “As we amplify our footprint in private markets, we believe that portagon is the best choice in delivering substantial benefits for both our clients as well as for Neuberger Berman with its fully automated and compliant solution that is efficiently supporting private market participants at scale.”
Jamal El Mallouki, Co-Founder portagon, says: “We are thrilled to be the inaugural digital distribution platform for Neuberger Berman’s “NB Direct Private Equity Fund 2024”. Given the rapidly increasing demand for alternative investments among retail investors aiming to enhance the resilience of their portfolios, there is a vital need for a fully automated solution that can effectively support private market participants, such as private wealth advisors on a significant scale. At portagon we are strongly committed to make private markets investments as accessible and reliable as their public counterparts to drive transformative growth and opportunities for all stakeholders involved.”
Starting from June, 6 2024 the “NB Direct Private Equity Fund 2024” will be available on the portagon distribution platform. Further products will follow.
About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $474 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. UNPRI named the firm a Leader, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2024.
Press contact
Neuberger Berman
Fiona Kehily
Head of Communications – EMEA
T +44 (20) 3214 9087
Fiona.Kehily@nb.com
About portagon
portagon is a leading and trusted distribution platform for alternative investments in private markets. Its unified, standardized end-to-end infrastructure solution combined with an unparalleled distribution network, positions portagon as the preferred partner for both asset owners and distributors.
Through its digital B2B2C platform, the firm provides a secure and scalable operating model, enhancing operational efficiency with streamlined digital investor onboarding, fully aggregated order management, and product governance that adheres to the latest regulatory framework.
Asset Managers benefit significantly from portagon’s unique digital marketplace that unlocks access to an extensive network of distributors, including wealth managers, banks, wire houses and independent financial advisors.
Distributors, leveraging a digitized, compliant subscription, and advisory workflow, experience substantial reductions in time and costs while mitigating liability risks. Additionally, they gain access to a wide range of alternative assets through a single point of entry.
By making private markets investments as accessible and reliable as their public market counterparts portagon is transforming the private markets landscape and driving growth for all stakeholders involved.
portagon
Claudia Stirner
Head of Communications
T +49-(0)171-3555655
c.stirner@portagon.com