London, October 18th, 2012 – Neuberger Berman, one of the world’s leading employee-controlled money managers, today announced the appointment of Khalid Murgian as Managing Director, Head of MENA.
In this role, Mr. Murgian will be based in Dubai, leading and developing Neuberger Berman’s business effort in the MENA region. He will report to Dik van Lomwel, Managing Director and Head of EMEA and LatAm. Mr. Murgian will work closely with Bruce Crystal, who is based in the US and has been covering the region for 16 years.
Mr. Murgian was previously Head of MENA and New Markets at Goldman Sachs Asset Management. Prior to this he was Head of Business Development, Middle East at Threadneedle Asset Management.
“This is a significant milestone for Neuberger Berman. Our objective is to be close to our clients and the office opening reflects our commitment to a very important region for us,” said Mr. van Lomwel. “Khalid brings a wealth of local experience to the firm and we look forward to working with him as we strengthen our local presence.”
Mr. Murgian added, “I am delighted to be joining Neuberger Berman. The firm’s range of investment strategies has broad appeal in the region and as an independent, privately owned asset manager, its structure is strongly aligned with client interests.”
About Neuberger Berman
Neuberger Berman is a private, independent, employee-controlled investment manager. It partners with individuals, advisors and institutions throughout the world to customise solutions that address their needs for income, growth and capital preservation. With more than 1,700 professionals focused exclusively on asset management, it offers an investment culture of independent thinking. Founded in 1939, the company provides solutions across equities, fixed income, hedge funds and private equity, and had $202 billion in assets under management as of September 30, 2012. For more information, please visit our website at www.nb.com/Europe