Neuberger Berman smashes $800m fund target with $1bn raise

Neuberger Berman has announced the final close of its NB Real Estate Secondary Opportunities Fund II, securing $1.05bn in capital commitments. The RESOF II fund – which included GP and employee commitments – surpassed its original target of $800m. The recent fund is the successor to the NB Real Estate Secondary Opportunities Fund, which had …