${{Private Debt AUM}}B AUM
Ability to Commit Over $600 Million per Transaction
Private Credit
Neuberger Private Credit delivers financing solutions across direct lending, capital solutions and asset-backed finance strategies. We focus on resilient cash flows and disciplined structuring to meet diverse income and portfolio goals.
CAPABILITIES
Private Credit Solutions
Specialist teams pursue income and returns across credit markets through diverse sourcing, disciplined underwriting and expert analysis.
Private Debt
Senior-secured, first-lien and unitranche loans to high quality U.S. private equity-owned companies
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of Transactions Led or Co-Led
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Annualized Since Inception Default / Loss Rate1
The Neuberger Approach
Capital preservation is our first priority, underpinned by a disciplined, highly selective investment process.
We target market‑leading companies in less cyclical industries benefiting from secular tailwinds.
Neuberger is a limited partner in private equity funds, a direct lender to private equity companies, and a minority equity co-investor. Our deep relationships with private equity firms drive differentiated sourcing capabilities, enabling continued high asset selectivity.
Institutional platform offering a range of evergreen and closed‑end funds, structured to meet investor‑specific objectives across jurisdictions.
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Capital Solutions
A collaborative, partnership-focused investor that provides bespoke minority capital solutions to industry leading companies
${{Capital Solutions Commitments Under Management}}B+
Commitments Under Management
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Closed Transactions Since Inception
${{Capital Solutions Flexible Check Size Up to}}M
Flexible Check Size Up to $800M+
The Neuberger Approach
Our flexible investment mandate enables us to work collaboratively to design a security that meets the objectives of the company management team and/or financial sponsor.
Working alongside leading sponsors and management teams to design solutions for minority recapitalizations, strategic M&A, growth capital, and new buyouts.
Designing bespoke, flexible security structures across junior debt, convertible instruments and minority common equity.
A balanced approach to governance, and a time-tested approach that partnership with management and a financial sponsor is essential.
Healthcare, Business Services, Financial Services, Industrial Services, Software & Technology.
Case Studies
The Companies mentioned here are provided for informational and educational purposes only and nothing herein constitutes investment, legal, accounting or tax advice. The information is general in nature and is not directed to any category of investors and should not be regarded as individualized, a recommendation, investment advice or a suggestion to engage in or refrain from any investment-related course of action.
Partner with Neuberger Capital Solutions
Neuberger Capital Solutions is a collaborative, partnership-focused investor that provides bespoke minority capital solutions to industry-leading companies.
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Asset-Based Finance
Targets high current income and capital preservation through asset-based investments supported by contractual cash flows
${{Asset Based Finance Book Size}}B
Book Size
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Portfolio Companies Since Inception
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Average Years of Senior Management Team Experience
The Neuberger Approach
Our asset-based finance strategy blends proprietary deal sourcing, a dynamic relative value framework and bespoke structures; it targets high income, capital appreciation and downside mitigation across receivables lending, consumer and small business, and hard asset lending markets.
Defensively structured, shorter duration, amortizing asset-based finance — built around collateral coverage, structural seniority and rigorous underwriting to deliver consistent income with meaningful downside mitigation across a range of market environments.
Our investment team brings decades of industry experience and a deep proprietary network, creating privileged access to deal flow and the ability to structure highly negotiated, bespoke asset-based finance transactions unavailable in the broader market.
Bank retrenchment is creating a large, underpenetrated and fast-growing market for specialized non-bank lenders, driving compelling asset-based finance opportunities and establishing this asset class as a structural, diversifying allocation within private credit portfolios.
We invest across three core verticals — Receivables Lending, Consumer & Small Business, and Hard Assets — each offering self-liquidating, collateralized structures with short duration profiles, strong asset coverage and compelling risk-adjusted yields.
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Multi-Sector Private Credit
Opportunistic and flexible investing across diverse, specialized private credit sectors, using broad origination, disciplined underwriting and structuring to target low-correlation opportunities.
${{Multi Sector Assets Under Management}}B
Assets Under Management
{{Multi Sector Years of Investment Committee Member Experience}}+
Years of Investment Committee Member Experience
{{Multi Sector Year Track Record}}
Year Track Record
The Neuberger Approach
We construct tailored private credit solutions for institutional clients, deploying capital opportunistically across the private credit spectrum — guided by a disciplined relative value framework built to perform across market cycles.
Our flexible, relative value-driven framework allows us to respond to shifting market conditions and evolving opportunity sets, deploying capital across the credit and liquidity spectrum to maintain an optimal balance of yield, risk and portfolio resilience.
MSPC sits at the intersection of Neuberger's Alts Credit Platform and Global Fixed Income Division, giving access to broad deal flow. This is further augmented by a curated network of specialized external partners with deep niche expertise.
Private credit offers compelling yield pickup over public market equivalents via illiquidity and complexity premia. Our disciplined focus on senior-secured positions, asset coverage and covenant protection aims to deliver durable, risk-adjusted income across market environments.
MSPC offers two primary investment solutions: fully customized mandates tailored to each client's specific return targets, risk parameters and portfolio construction preferences; and Tactical Alternative Credit, commingled funds focused on idiosyncratic transactions, often backed by assets.
Insurance-Linked Strategies
${{Insurance Strategies AUM}}B
Assets Under Management
{{Insurance Strategies Year Track Record}}
Year Track Record
{{Insurance Strategies Dedicated Professionals}}
Dedicated Professionals with Advanced Expertise and Seasoned Experience
The Neuberger Approach
Seeks to generate attractive risk-adjusted returns that are demonstrably uncorrelated with traditional asset classes.
Focus on capturing natural and non-natural event risk premium through diversified portfolios of insurance-linked investments in global catastrophe risk markets.
Data driven, dynamic risk focus combined with a proactive approach to portfolio management.
Focus on high quality structures and trigger mechanisms, allowing for more precision in ensuring adequate risk-adjusted returns while minimizing loss potential.
Strong market reputation known for expertise and efficiency, facilitating wider access to deal flow and trading opportunities.
Related Insights
Catastrophe Bonds: An Uncorrelated Asset Class Amid Global Macroeconomic Uncertainty
Catastrophe bonds offer investors an attractive risk-adjusted and absolute return profile, in our view, that is structurally uncorrelated to traditional asset classes and historically less sensitive to broader market volatility.
A Validation Study of Catastrophe Bond Losses Over Time
We explore the relative historical performance of catastrophe bonds in relation to various trigger types.
Context Is Key: Deconstructing Expected Loss
We believe ILS managers must consider the nuances inherent in standard catastrophe bond modeled risk metrics when constructing portfolios.
Real Estate Private Credit
Income-focused and opportunistic strategies seeking attractive risk-adjusted returns and downside protection by focusing on diversified, high-quality, private real estate debt exposures.
${{Private Credit Invested to-Date}}B+
Invested to-Date2
${{Private Credit Annual Loan Acquisitions}}B+
Annual Loan Acquisitions
{{Real Estate Private Credit People Engaged}}+
People Engaged in Direct Lending at Affiliated Originators
The Neuberger Approach
Leveraging our deep-rooted credit expertise and aided by proprietary direct sourcing via a network of affiliated and closely aligned market-leading real estate lenders, our strategies focus on privately-originated real estate credit exposures, with an emphasis on high-credit-quality, senior-secured lending segments across all key areas of private real estate finance, including home acquisition lending, rental property finance, value-add residential transitional lending, development and construction, and real estate capital solutions.
- Attractive high-income yield profiles with a focus on principal preservation and downside protection
- Senior secured debt exposures backed by fundamentally sound and geographically diverse real assets
- Highly diversified portfolios with low idiosyncratic risk
- Proven sourcing model through a proprietary network of scaled private real estate lenders
- Technology-driven and research-focused portfolio construction and ongoing management
Education
Private Markets Academy
Whether you’re building foundational knowledge or seeking advanced insights, the Neuberger Private Markets Academy offers access to accredited courses and educational resources designed to be explored at your own pace.
Highly Stable, Deep Team
Neuberger Private Markets is a global team of 470+ dedicated professionals, bringing deep, cycle‑tested expertise. Our senior investment team averages 21+ years of experience, supported by strong stability with ~98% senior professional retention. Above all, we’re aligned with clients, focused on distinctive objectives and partnership beyond capital.