Erik Knutzen Joins Neuberger Berman as Multi-Asset Class Chief Investment Officer

NEW YORK, April 2, 2014 /PRNewswire/ -- Neuberger Berman today announced that Erik Knutzen will join the firm as Multi-Asset Class Chief Investment Officer. Mr. Knutzen joins to deepen the many multi-asset class strategic partnerships Neuberger Berman has with some of the world's largest and most sophisticated institutional investors.

Neuberger Berman has experience working with clients who manage significant funds in-house. These clients benefit from the knowledge transfer and customized investment solutions of a multi-asset class strategic partnership. Current clients of this type range from sovereign wealth funds to several leading U.S. public and corporate pension plans.

In this new role, Mr. Knutzen will drive the asset allocation process on a firm-wide level and create related client content for strategic partnerships and multi-asset class solutions while joining in portfolio management on a number of mandates. "Erik's skills and experience complement our existing client partnership capabilities," said Joseph Amato, President and Chief Investment Officer, Neuberger Berman. "Adding a seasoned, senior multi-asset class investor to an already deep capability at the firm helps Neuberger Berman deliver more insight, ideas and peer-to-peer investment experience to these important relationships."

Mr. Knutzen joins from NEPC, LLC where he has served as chief investment officer since 2008. As CIO, Erik oversaw a group of more than 45 investment professionals, including dedicated research teams focusing on Alternative Investments, Traditional Strategies and Asset Allocation. In this role, Erik led investment strategy development including market assessment and outlook, and communication of key themes and best ideas for NEPC's client base with, collectively, more than $800 billion in assets under advisement. He has over 25 years of experience in the financial services industry, including nine years at Putnam Investments. During his time there, he was a member of the global asset allocation group, led the institutional portfolio management team with 15 portfolio managers, and served as a senior leader of the firm's international business. Erik has been awarded the Chartered Financial Analyst and Chartered Alternative Investment Analyst designations.

About Neuberger Berman

Neuberger Berman is a 75-year-old private, independent, employee-controlled investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions, advisors and individuals worldwide. With offices in 16 countries, Neuberger Berman's team is approximately 2,000 professionals and the company was named by Pensions & Investments as a 2013 Best Place to Work in Money Management. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $242 billion in client assets as of December 31, 2013. For more information, please visit our website at www.nb.com

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