DCIOs
NAPAFIRMPARTNERS
New York, NY • nb.com
New York, NY • newyorklifeinvestments.com
Neuberger Berman
New York LIfe Investments / MainStay Funds
Key Contact(s)
Key Contact(s)
Michelle Rappa 212.476.5575 • michelle.rappa@nb.com Christopher Walker 817.881.9637 • christopher.walker@nb.com
Jeffrey Budd 973.713.3243 • Jeff_Budd@nylim.com Jeffrey ZIelinski 201.744.4379 • Jeffrey_Zielinski@newyorklife.com Kevin Mansfield 201.685.6380 • Kevin_Mansfield@newyorklife.com
Firm Profile Founded in 1939, Neuberger Berman is a private, independent, employeeowned investment manager. From offices in 39 cities across 26 countries, Neuberger Berman manages a range of equity, fixed income, private equity and hedge fund strategies on behalf of institutions, advisors and individual investors worldwide. With 746 investment professionals and 2,763 employees, Neuberger Berman has built a diverse team of individuals united in their commitment to client outcomes and investment excellence. Our culture has earned us citations as first or second (among those with 1,000+ employees) in the Pensions & Investments “Best Places to Work in Money Management” survey since 2014.
Firm Profile As a diversified, global asset management firm with $684 billion in assets under management,* we are invested in our clients’ success with guidance, resources and investment solutions that reflect the diverse perspectives of our boutiques. We’re not about market share. We’re about shared values. It’s why, for decades now, we’ve worked alongside our clients to see their challenges through their eyes and offer smart, proven strategies and solutions that help them reach their goals.
Primary Market(s) Served
Primary Market(s) Served
Micro: <$1 million, Small: $1-$10 million, Mid: $10-$100 million, Large: $100-$250 million, Mega: >$250 million
Micro: <$1 million, Small: $1-$10 million, Mid: $10-$100 million, Large: $100-$250 million, Mega: >$250 million
Assets Managed*
Assets Managed*
Total DCIO Assets: $15,600,000,000
Total DCIO Assets: $37,000,000,000
DCIO Assets Breakdown [%] Collective Trusts: 6% Money Markets: 0% Mutual Funds: 67% Separate Accounts: 27% Stable Value: 0% Other: 0%
DCIO Assets Breakdown [%] Collective Trusts: 1% Money Markets: 0% Mutual Funds: 27% Separate Accounts: 0% Stable Value: 72% Other: 0%
Asset Allocation Funds
Asset Allocation Funds
N/A
N/A
Top 5 Funds by DC Assets [Fund Name / Total Assets] 1. Neuberger Berman Genesis Fund: $5,995,341,261 2. Neuberger Berman Large Cap Value Fund: $1,529,451,000 3. Neuberger Berman Mid Cap Growth Fund: $762,749,573 4. Neuberger Berman Sustainable Equity Fund: $352,493,860 5. Neuberger Berman Strategic Income Fund: $316,463,592
Top 5 Funds by DC Assets [Fund Name / Total Assets] 1. MainStay Winslow Large Cap Growth Fund: $8,300,000,000 2. MainStay MacKay High Yield Corporate Bond Fund: $956,000,000 3. MainStay S&P 500 Index Fund: $230,000,000 4. MainStay MacKay Total Return Bond Fund: $108,000,000 5. MainStay MacKay Convertible Fund: $82,000,000
Advisor Support Services
Advisor Support Services
External Wholesalers Focused on Advisors, External Wholesalers Focused on Institutional, Training for DC Plan Sales/Service, Investment Committee Meetings
External Wholesalers Focused on Advisors, External Wholesalers Focused on Institutional, Plan Benchmarking, DC Whole Salers
No. of External Wholesalers
No. of External Wholesalers
Total AUM: $443,000,000,000
DC: 5 Retail: 27
Total AUM: $684,000,000,000
DC: 7 Retail: 30
*as of 6.30.23
30
NAPABLACKBOOK2023