Sat, Apr 20, 2024
A A A
Welcome Guest
Free Trial RSS pod
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   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1