Neuberger Berman ILS

Company profile:

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages 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. With offices in 36 countries, Neuberger Berman’s team is more than 2,400 professionals. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $460 billion in client assets as of December 2021.

Neuberger Berman Insurance-Linked Strategies (NB ILS; previously known as Cartesian Re) was formed in 2009 and is part of Neuberger Berman’s alternatives platform with more than $112 billion in AUM and commitments (as of December 2021).

NB ILS’s risk-focused philosophy uses established third party catastrophe risk models, supplemented by scientific expertise and short-term climate and seismic observations to adjust its portfolio and optimize returns.

Strategy:

NB ILS focuses primarily on privately negotiated contracts and catastrophe bonds, with the objective of providing investors with attractive returns that are not correlated with broader financial markets.