Neuberger Berman to include Asia managers in new FoF

Neuberger Berman’s latest global fund-of funds vehicle, the $720 million NB Crossroads 2010 Fund, plans to invest in about three to five Asian private equity managers as it seeks out funds with the potential to generate high returns. “The portfolio overall is focused more on mid-cap and special situation managers. In Asia, that’s where our bias is in terms of the types of managers that we’re looking for,” says Hong Kong-based Brock Williams, the firm’s senior vice-president in the…