Neuberger Berman Appoints Jonathan Bailey as Head of Environmental, Social and Governance Investing

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New York, May 2, 2017 — Neuberger Berman, a private, independent, employee-owned investment manager, announced today the appointment of Jonathan Bailey as Head of Environmental, Social and Governance (ESG) investing. Mr. Bailey is based in New York and will report to Joseph Amato, President, Neuberger Berman.

In this role, Mr. Bailey will work with the firm’s investment teams and research departments to further incorporate ESG principles into the equities, fixed income and alternatives platforms. He will help portfolio managers consider ESG as part of their analytical approach to evaluating companies and markets. He will also chair the firm’s ESG Investment Advisory Committee.

Neuberger Berman’s ongoing commitment to ESG investing coincides with a growing interest among investors in this approach. The integration of ESG factors into investment analysis and portfolio construction can be valuable in identifying companies whose forward-thinking leadership, sustainable business models, responsible approach to growth, and risk management cultures may afford attractive long-term investment opportunities.

“As a firm, we have a deep history in ESG investing, going back to our first application of ‘avoidance screens’ in the 1940s to the launch of our Socially Responsive Investment team in 1989,” said Mr. Amato. “Jonathan will enhance our capabilities even further across our investing platforms, as demand for ESG strategies rise globally.”

Mr. Bailey joins Neuberger Berman from think tank, Focusing Capital on the Long Term (FCLT Global). Prior to joining FCLT Global, he served as associate partner at McKinsey & Company, advising pension plans, asset managers and other finance institutions on a range of issues related to investment strategy, organizational structure and ESG integration. Previously, Mr. Bailey worked on sustainability and governance investment projects for both former Vice President Al Gore and former British Prime Minister Tony Blair.

About Neuberger Berman

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 19 countries, Neuberger Berman’s team is more than 1,900 professionals. The company was named the #1 firm in Pensions & Investments 2016 Best Places to Work in Money Management survey (among those with 1,000 employees or more). Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $267 billion in client assets as of March 31, 2017. For more information, please visit our website at www.nb.com.