Neuberger Berman Announces Close of $7.3 Billion Private Debt V

Neuberger Berman, a global, private, employee-owned investment manager, is pleased to announce the final close of NB Private Debt V (the "Fund"). The Fund raised $7.3 billion, inclusive of leverage, exceeding its original target.

The Fund aims to invest in senior secured, first-lien and unitranche loans to high quality U.S. private equity owned companies. Its investor base is comprised of a diverse range of global institutions from North America, South America, Europe, the Middle East and Asia.