Neuberger Berman Adds Susan Kasser To Head Private Debt Team

         Neuberger Berman Adds Susan Kasser To Head Private Debt Team

PR Newswire

NEW YORK, April 15, 2013

NEW YORK, April 15, 2013 /PRNewswire/ --Neuberger Berman, one of the world's
leading employee-controlled asset managers, is pleased to announce the
addition of Susan Kasser as Managing Director and Head of Private Debt at
Neuberger Berman Alternatives. Ms. Kasser joined Neuberger Berman in March and
is based in New York.

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Neuberger Berman's Private Debt business is focused on building portfolios of
attractive yield-oriented investments, including uni-tranche, second lien and
mezzanine, and financing portfolio companies of private equity investors. The
Private Debt business is a part of Neuberger Berman Alternatives, a prominent
private equity limited partner and an experienced direct equity co-investor.
Neuberger Berman Alternatives has approximately 60 investment professionals in
its integrated private equity platform, which consists of capabilities across
primary and secondary fund investments as well as direct debt and equity
investments in transactions led by financial sponsors.

Ms. Kasser joins Neuberger Berman from The Carlyle Group, where she was a
founding member of Carlyle Mezzanine Partners. In her prior role, she focused
on investing in privately negotiated junior debt and equity securities of
middle market and large cap leveraged buyouts, recapitalizations and growth
financings across multiple industries. Prior to Carlyle, she worked at Goldman
Sachs in several groups, including Leveraged Finance, Private Equity and
Global Investment Research. Ms. Kasser received an MA in International
Economics and Finance and a BA in Philosophy from Brandeis University, where
she graduated magna cum laude and Phi Beta Kappa. She holds the designation of
Chartered Financial Analyst.

"The breadth of Susan's industry experience as a deal leader will enable us to
further develop and enhance yield-oriented investment solutions for our
clients," said Anthony Tutrone, Managing Director and Global Head of Neuberger
Berman Alternatives, which manages approximately $18 billion for institutions
and individuals. "By expanding our dedicated effort focused on financing
private equity transactions, we are also broadening the partnership between
Neuberger Berman Alternatives and the private equity community."

About Neuberger Berman

Neuberger Berman is a private, independent, employee-controlled investment
manager. It partners with institutions, advisors and individuals throughout
the world to customize solutions that address their needs for income, growth
and capital preservation. With more than 1,800 professionals focused
exclusively on asset management, it offers an investment culture of
independent thinking. Founded in 1939, the company provides solutions across
equities, fixed income, hedge funds and private equity, and had $205 billion
in assets under management as of December 31, 2012. For more information,
please visit our website at

Media Contact:
Alex Samuelson, 212.476.5392,,
Anji Stewart, +44 (0)20 3214 9013,

SOURCE Neuberger Berman

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