Eli Salzmann was named portfolio manager for the Neuberger Berman Partners Fund and the Neuberger Berman AMT Partners Portfolios, confirmed Rich Chimberg, Neuberger Berman spokesman.
Mr. Salzmann joined the firm in January as managing director and portfolio manager of the Neuberger Berman Large Cap Value Fund and the fundamental Large Cap Value strategy for institutional investors. He will continue in those roles.
Also, Michael C. Greene was named portfolio manager of the Neuberger Berman Regency Fund, the Neuberger Berman AMT Regency Portfolio and associated subadvised accounts. He will remain managing director at Neuberger Berman.
Both appointments are effective immediately.
They replace S. Basu Mullick, managing director and portfolio manager of the Partners and Regency funds. Mr. Mullick and his team are pursuing other opportunities. No further information was available. Mr. Chimberg could not provide further information.