Neuberger Berman surpasses target to raise $1b for Real Estate Secondary Opportunities Fund II

2/26/2025

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IREI

• Subcategory: Capital Markets: Equity, Capital Markets: Fund

• Tag: Closing | New Fund

• Additional Filters-Subcategory: Capital Markets: Fund-Equity, Capital Markets: Fund-Secondaries

Neuberger Berman has held a final close for its NB Real Estate Secondary Opportunities Fund II LP (RESOF II), the firm’s second commingled real estate private equity secondary fund.

RESOF II closed at $1.05 billion, including general partner and employee commitments, surpassing its target of $800 million. It is the successor to NB Real Estate Secondary Opportunities Fund LP, which had commitments of $712 million.