Neuberger Berman is a financial services firm based in the United States, specializing in investment management and private equity. Founded in 1939, the company has grown to employ between 1,001 and 5,000 individuals and reported significant revenue in the finance sector. Neuberger Berman's expertise includes a focus on private equity, which is characterized by investments in companies not listed on public exchanges. Their published document, a private equity primer, outlines the unique characteristics and advantages of private equity investments, particularly in the context of current market conditions where traditional public markets may present challenges. The primer emphasizes the historical returns and diversification benefits associated with private equity, highlighting the active role that private equity managers can play in influencing the operations and management of portfolio companies. It also discusses various methods for accessing private equity, including primary fund investments and fund of funds, indicating the firm's comprehensive approach to investment management within this asset class.