Neuberger Berman Taps Koenig For RE Secondaries Effort

Jul 10 2017 | 5:55pm ET

Global investment manager Neuberger Berman has hired former Deutsche Bank executive Scott Koenig to lead a real estate secondary effort as part of its private equity platform. 

Koenig joined Neuberger Berman in June and is based in New York, the company said in a statement. In his new role, Koenig will focus on acquiring interests in mature real estate private equity portfolios on a secondary basis globally, with an emphasis on the U.S. and Europe. His selective, value-oriented investment approach will reportedly mirror that of Neuberger Berman’s existing private equity secondary business.

Koenig brings 22 years of experience in real estate and real estate investing to his new post, including 16 years at Deutsche Bank where he held a number of senior roles focused on real estate private equity. Most recently, he served as head of real estate secondaries for DB Private Equity, where he developed and led a real estate secondaries investment strategy as part of the firm’s private equity secondaries platform. 

He will report to Brian Talbot and Tristram Perkins, global co-heads of Neuberger Berman’s secondary investing group.

Neuberger Berman Private Equity has managed over $50 billion of commitments since inception more than 30 years ago, investing in the primary and secondary markets, direct equity co-investments, debt and specialty strategies. Neuberger Berman as a whole was founded in 1939 and manages $267 billion in equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. 

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