NEUBERGER BERMAN EUROPE LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +6.6%

  £259,368,319 → £276,573,970

• Cash

  -4.7%

  £124,848,621 → £118,976,602

• Net assets

  -1.8%

  £81,675,264 → £80,178,665

• Employees

  +4.7%

  422 → 442

• Operating profit

  +12%

  £26,951,484 → £30,187,635

• Profit before tax

  -3.4%

  £33,549,376 → £32,397,399

• Wages

  +10%

  £103,072,438 → £113,342,304

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. NEUBERGER BERMAN EUROPE LIMITED 2009-05-08 → present
2. LEHMAN BROTHERS ASSET MANAGEMENT (EUROPE) LIMITED 2005-09-08 → 2009-05-08
3. HACKREMCO (NO. 2279) LIMITED 2005-05-25 → 2005-09-08

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors, having assessed the forecasted financial performance, liquidity and growth of the Group and Company and performed in-depth risk assessments, including consideration of severe but plausible downside scenarios, have concluded that the Group and Company have sufficient resources to meet obligations as they fall due. As a result, the Directors have a reasonable expectation that the Group and the Company have adequate resources to continue in operational existence for at least 12 months from the date of these financial statements and thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. NEUBERGER BERMAN EUROPE LIMITED · parent
   1. Neuberger Berman Asset Management Ireland Limited 100% · Ireland · Investment Management, Sales and Distribution
   2. Neuberger Berman (Switzerland) GmbH 100% · Switzerland · Sales and Distribution
   3. NB Private Equity Holdings S.à r.l 100% · Luxembourg · Investment Holding
   4. NB Renaissance S.à r.l 51% · Luxembourg · Investment Holding
   5. Neuberger Berman AIFM S.à r.l 100% · Luxembourg · Investment Management, Sales and Distribution
   6. NB Renaissance Associates SCSp 50% · Luxembourg · Investment Holding
   7. NB Renaissance Associates Annex SCSp 50% · Luxembourg · Investment Holding
   8. NB Renaissance Manager S.à r.l 50% · Luxembourg · Investment Management

Significant events

• “On 29 April 2024, the Parent Group and Company entered into a Reorganisation Agreement in which the current Joint-Venture Agreement relating to the Italian Direct Private Equity business will be replaced by a 10% minority interest in a new entity, Renaissance Partners 2 S.a.r.l, into which the Italian Direct Private Equity business will de-merge. On 25 July 2024, the Company became a 10% shareholder in Renaissance Partners 2.”
• “The European CLO business continues to expand, with the closing of NBLA Euro CLO VI on 12 June 2024 and the launch of NBLA Euro CLO VII on 30 September 2024. NBLA Euro CLO VII remains in the warehousing phase at year end.”
• “Through the year, NBAMIL launched three funds, namely: NB European Private Loans II, NB Investment Grade CLO Debt and NB Real Estate Debt Income I and closed four funds, namely: Global Real Estate Securities, Global Senior Floating Rate Income II, Global Diversified Income FMP-2024 and Macro Opportunities FX.”
• “The Private Equity business continues to expand with NBAS launching 5 new funds: LIQID Private Equity NXT, NB Core Plus Infrastructure SCSP RAIF, NB Private Equity Open Access Fund, Euro Crossroads 2024 and NB Strategic Co Invest V.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

1

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.