Sun, Aug 31, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Neuberger Berman adds David Kupperman to fund of hedge funds team

Monday, February 28, 2011
Opalesque Industry Update - Neuberger Berman Group LLC, a global money manager, announced that David Kupperman has been named a managing director of NB Alternatives Investment Management, the firm’s fund of hedge funds business. Mr. Kupperman will be based in New York and involved in all aspects of the fund of hedge funds investment process.

Most recently, he was a partner and member of the investment committee at Alternative Investment Management, LLC, a fund of hedge funds. Prior to that, Mr. Kupperman 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. Prior to Paloma, Mr. Kupperman worked at The Carlyle Group, one of the world’s largest alternative investment managers. Prior to Carlyle, Mr. Kupperman was in both the Private Equity and Portfolio Strategy groups at Goldman, Sachs & Co. He holds a PhD in Physics from The Johns Hopkins University, and an ME in Applied Physics and a BA in Physics and Astrophysics from Cornell University.

“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.”

“The fund of hedge funds team is committed to selectively adding experienced investment professionals to help serve the ongoing needs of our institutional, intermediary and high net worth clients,’’ said Eric Weinstein, CIO of Neuberger’s fund of hedge funds business. “David is a very experienced hedge fund investor with a strong technical background which will complement our existing expertise.’’

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.

Source

(press release)

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  4. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius