NB Distressed Debt Investment Fund Limited
|Investment Advisor||Neuberger Berman|
|Portfolio Manager||Michael Holmberg, Patrick Flynn|
|Fund AUM as of||28 January 2013|
|Fund Inception||10 June 2010|
|Fund Indices||AH Credit UCITS Index|
The Fund will invest in 40 to 50 holdings diversified across distressed, stressed and special situations investments, with a focus on senior debt backed by hard assets. The portfolio is managed by the Distressed Debt team within one of the largest and most experienced credit teams in the industry. The fund targets total returns of 20% per annum gross of fees and expenses.