Neuberger Berman Joins SUBSCRIBE Mobilizing Electronic Subscription Documents for Alternative Investment Offerings
We are excited to announce that Neuberger Berman, a private, independent, employee-owned investment manager, has joined the SUBSCRIBE platform — with the goal of providing an innovative digital experience for investor onboarding, electronic subscription documents, and order workflows to their investors.
SUBSCRIBE provides institutional investors, fund managers, and service providers with the alternative investment industry’s leading order management system for alternative product transactions. The platform services include reusable universal investor profiles, eSubDocs, centralized order workflow, and data integrations with all stakeholders – delivered through an open-architecture, API based, and inter-operating system.
The SUBSCRIBE platform will provide financial advisors and their clients with access to the NB Crossroads Private Markets Access Fund (the “NB Access Fund”). Launched in January 2021, the NB Access Fund is a 1933 and 1940 Act registered, continually offered closed-end fund designed to provide increased access to private equity investments to a broader group of investors than traditional private equity funds. The NB Access Fund invests across a variety of private equity sponsors, industries, geographies, market caps and vintage years. Its portfolio of private markets investments includes direct co-investments and secondary investments alongside top-tier private equity general partners. As of February 1, 2023, it surpassed $420 million of assets under management. More information on the NB Access Fund is available here.
“We launched the NB Access Fund in large part because of a long-standing belief that private equity should be accessible to a broader scope of investors,” said Scott Kilgallen, Head of North American Intermediary at Neuberger Berman, “We are excited to partner with SUBSCRIBE to further fulfill that goal by delivering high-quality private equity access with a user-friendly platform.”
About Newberger Berman
Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $481 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The PRI identified the firm as part of the Leader’s Group, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Places to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information.
ABOUT SUBSCRIBE
SUBSCRIBE is a fintech company digitally transforming the landscape of alternative investments for fund managers, institutional investors, wealth managers, law firms, and fund administrators. Our platform technology modernizes the archaic infrastructure of private fund investments by delivering a central operating system — catering to every role within the investment process empowering them to connect any fund, any investor, anywhere in the world on a single platform.
