Friday, 19 December 2014
Last updated 4 hours ago
Feb 28 2011 | 1:25pm ET
David Kupperman has joined New York-based money manager Neuberger Berman Group as a managing director of NB Alternatives Investment Management, the firm’s fund of hedge funds business.
Kupperman will be based in New York and involved in all aspects of the fund of hedge funds investment process.
He comes to Neuberger Berman from another fund of funds, Alternative Investment Management, prior to which he worked as a managing director and member of the executive committee of Paloma Partners Management Company, a multi-strategy hedge fund focused on relative value trading strategies. Kupperman’s earlier work experience included stints at The Carlyle Group and Goldman, Sachs & Co.
“David's addition builds on the strong performance of our fund of hedge funds business,’’ said Anthony Tutrone, global head of alternatives for Neuberger Berman. “Our performance continues to attract new clients, including several large institutional relationships, as we strive to deliver best-in-class commingled and custom fund solutions to our clients.”
Formed in 2002, NB Alternatives Investment Management manages assets of approximately $4 billion for institutional and individual investors and has investments in approximately 50 different hedge funds. Neuberger Berman managed approximately $17 billion in alternatives assets for institutional and individual investors as of December 31, 2010.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.