Nb Alternative Fund Management LLC (New York)

Name: Nb Alternative Fund Management LLC
Address: 605 Third Avenue, New York, NY, 10158
Telephone: 212-476-9000

Nb Alternative Fund Management LLC is a large advisory firm based in New York. It manages $586.4 million of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2009.

Nb Alternative Fund Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nb Alternative Fund Management: assets under management

The assets under management (AUM) of Nb Alternative Fund Management LLC is $586.4 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -72% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $586.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $29.32 million each.

Nb Alternative Fund Management has custody of $403.59 million in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nb Alternative Fund Management LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Nb Alternative Fund Management LLC

Raymond Arthur Sullivan joined the executive team most recently as the Senior Vice President And Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Steven Komaroff	Managing director	1 Feb 2009	Other	4098194
Bradley Curtis Tank	Chief executive officer	1 Feb 2009	Other	1060650
Wai Lee	Managing director	1 Feb 2009	Other	5179482
Keisha Lavon Audain Pressley	Chief compliance officer	1 Feb 2009	Other	5231361
David Hugo Mancilla	Treasurer	1 Feb 2009	Other	4386012
Vincent James Cuticello	Secretary	1 Feb 2009	Other	1744731
Neuberger Berman Fixed Income Holdings Llc	Sole member	1 Feb 2009	75% - 100%	32-0276332
Edward Stephen Grieb	Chief financial officer	1 Feb 2009	Other	4351191
Neuberger Berman Fixed Income Holdings Llc	Member	1 May 2009	50% - 75%	32-0276332
Neuberger Berman Holdings Llc	Member	1 May 2009	50% - 75%	30-0536572
Henry Edward Rosenberg	Senior vice president/chief compliance officer	1 Jul 2009	Other	4832286
James Christian D'sidocky	Senior vice president/general counsel	1 Jan 2010	Other	5702071
Joseph Vincent Amato	Managing director/co-chief executive officer	1 Jan 2010	Other	2210305
Raymond Arthur Sullivan	Senior vice president and chief operating officer	1 Dec 2010	Other	5314735

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lehman Brothers Holdings Inc.	Member	1 Oct 2003	25% - 50%	13-3216325
Neuberger Berman Group Llc	Member	1 Feb 2009	75% - 100%	61-1591182
Lehman Brothers Holdings Inc.	Member	1 Feb 2009	25% - 50%	13-3216325
Neuberger Berman Group Llc	Member	1 May 2009	75% - 100%	61-1591182
Nbsh Acquisition Llc	Member	1 May 2009	50% - 75%	26-4383171

Based in New York

The principal office where Nb Alternative Fund Management LLC performs its advisory services is located at 605 Third Avenue, New York, NY 10158 The mailing address of the firm is 605 Third Avenue, New York, NY 10158. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-476-9000 or by fax 212-476-9862. The normal business hours are 9:00 am to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at ww.nb.com.