Neuberger Berman expands institutional relationship team

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Neuberger Berman Australia has appointed Maxine Kraut to the position of Vice President – Institutional Business.

Based in Melbourne, Ms Kraut will join the Neuberger Berman team working with Australian institutional clients.

Ms Kraut has over 10 years of experience working with institutional investors. She was most recently with Invesco Australia for seven years where she represented Invesco’s institutional investment capabilities, including property, equities and fixed income.

Prior to this Maxine was with Deutsche Bank’s investment management division in New York, where she managed a suite of private bank diversified products for international clients.

Joint Managing Director for Neuberger Berman Australia, Paul O’Halloran, said:

“Maxine’s experience in working with asset consultants and institutional clients across all the major asset classes – including listed and unlisted asset classes – make her a good fit for our business as we seek to meet the increasingly technical and complex needs of institutional investors.

“Her experience and her approach to thinking about problems from the client’s perspective make her a great fit for our team. With four new Australian clients allocating a total of AUD$2 billion to four separate Neuberger Berman strategies over the last 12 months, her appointment comes at a time when the continued growth of Neuberger Berman Australia demands additional client focused staff.

Ms Kraut has a Bachelor of Business from the University of the Sunshine Coast, is a Certified Investment Management Analyst and a member of the Institute of Chartered Accountants in Australia.

 

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 2,000 professionals and the company was named by Pensions & Investments as a Best Place to Work in Money Management for three consecutive years. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $243 billion in client assets as of March 31, 2016. For more information, please visit our website at www.nb.com.

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For further information please contact:

Lucas Rooney
Phone: 03 9649 0912

Paul O’Halloran
Phone: 03 9649 0906