An Italian acquisition bolsters Neuberger’s secondary private equity investment strategy and furthers its European reach. Neuberger Berman has acquired a portfolio of the assets and nine staff members from Italian fund group Fondo Italiano di Investimento, further expanding its private equity team. In a statement issued on Thursday, Neuberger Berman said funds including the NB Secondary Opportunities Fund IV, had acquired all of the units of the Italian group, which has investments in 21 companies.