Job Information
Neuberger Berman Private Debt Fundraising and Marketing Associate in New York, New York
Business Overview :
NB Private Debt is a rapidly growing group within Neuberger Berman Alternatives with approximately $14 billion of AUM. NB Private Debt focuses on performing first lien, senior secured loans to U.S. private equity-owned companies.
Position Overview:
The Private Debt Fundraising and Marketing Associate will be part of and work closely with the 20-person Private Debt investment team in a fast-paced and entrepreneurial environment. The Fundraising and Marketing Associate will have constant interaction with senior members of the team and firm. The position provides an opportunity to be an early entrant into a rapidly growing business with significant career momentum and growth.
Primary R esponsibilities:
Liaise with investment teams, sales, legal, finance, operations, and compliance teams to:
address investor questions and requests
submit requests for proposals and due diligence questionnaires
service existing Limited Partner relationships
facilitate meetings and due diligence sessions for prospects
manage the closing process for new and existing investors
regularly update marketing presentations, teasers, and other informational documents
draft legal documents with outside counsel
Work with internal teams to provide frequent communication and updates during the fund raise to the NB sales force as well as externally to prospects and Limited Partners
Manage public exposure through our annual meeting, conferences, databases and seminars
Join calls with investment team and prospects and spearhead any relevant follow-ups
Write quarterly / annual and other market letters to Limited Partners
Facilitate quarterly valuation committees by working with the investment and finance teams
Other ad hoc projects on an as-needed basis
Experience & Skills Qualifications:
Excellent academic credentials with at least two years of work experience
Entrepreneurial inclination, strong work ethic with a willingness to “roll up their sleeves”
High intellectual curiosity to learn the asset class and business
Strong quantitative, marketing and visual presentation abilities
Flexibility to take on various projects and responsibilities as needed
Remarkable attention to detail
Initiative and creativity in approach to problem solving and process management
Excellent written and oral communication skills
Highly skilled at PowerPoint presentations and Excel; willing to learn internal systems and databases
Ability to multi-task and work in fast-paced and high-intensity environment
Team player with a collaborative attitude and a desire to contribute to the growth of the business
Ability to manage your projects from beginning to end and meet critical deadlines
Compensation Details
The salary range for this role is $110,000-$160,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com .
Learn about the Applicant Privacy Notice (https://www.nb.com/en/global/disclosure-privacy-policy) .
Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $481 billion in client assets (as of June 30, 2024) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally.
Tenured, stable and long-term in focus, the firm has built a diverse team—including 750-plus investment professionals and more than 2,800 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by Pensions & Investments as the first or second "Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000+ employees).
Neuberger Berman believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles.
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