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Evercore buys Neuberger fund placement unit

25 February 2010

Neuberger Berman has sold its private funds placement business to Evercore Partners

Read more: [Neuberger] [Evercore] [private funds placement]

Evercore Partners has acquired Neuberger Berman's private funds placement business, The Wall Street Journal reports. As part of...


 

Poll

What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
34%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
17%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
14%