Neuberger Berman Says It’s Considering Seeding Asia Hedge Funds
Thursday, November 26, 2009 : PermalinkBloomberg – Neuberger Berman Group LLC, the money manager that bought itself out of Lehman Brothers Holdings Inc., is considering providing startup capital to hedge-fund managers in Asia for the first time as it expands in the region.
Its fund-of-hedge-funds division, which has invested in the region since 2002, also aims to get two more Asia funds approved by its global committee for investments, Frederick Ingham, Neuberger Berman’s Hong Kong-based head of hedge-fund investments in Asia-Pacific, said in an interview yesterday.
