Neuberger Berman Closes $7.3 Billion Private Debt V Fund
By Amit Chowdhry ● Nov 11, 2025
Neuberger Berman announced the final close of NB Private Debt V, with $7.3 billion raised, inclusive of leverage, exceeding its original target. The firm will utilize the Fund to invest in senior secured first-lien and unitranche loans supporting high-quality U.S. private equity-backed companies. The Fund attracted commitments from global institutional investors across North America, South America, Europe, the Middle East, and Asia.