Neuberger Berman Welcomes Steven Meier as Vice Chair, Strengthening Client Relations

Neuberger Berman Enhances Leadership with Steven Meier as Vice Chair

On December 8, 2025, Neuberger Berman, a prestigious private and employee-owned investment management firm, announced the pivotal hiring of Steven Meier, former Chief Investment Officer (CIO) for the New York City Bureau of Asset Management, as their new Vice Chair for Institutional clients. This strategic move emphasizes Neuberger's commitment to providing unparalleled service and insights to its clients, particularly in navigating the intricate world of institutional investments.

In his new role, Meier will collaborate closely with Neuberger’s investment teams and client coverage experts. His objective is to leverage his extensive experience and knowledge to deliver exceptional investment insights and thought leadership to U.S. public pension funds and various global institutional investors. With a specific focus on helping clients meet their long-term investment strategies, Meier will contribute to Neuberger's Asset Allocation Committee, which is responsible for refining the firm’s market outlook and ensuring better risk-adjusted outcomes for clients.

Expressing his enthusiasm, Neuberger Chairman and CEO George Walker stated, "I am thrilled to welcome Steve to Neuberger. We have collaborated on various projects throughout the years, and I have always admired his remarkable career achievements. His hiring signifies our unwavering commitment to offering compelling investment capabilities and solutions to our sophisticated clientele."

Matt Malloy, the Head of Global Institutional Client Group, echoed this sentiment by pointing out, "In today's complex investment environment, institutional investors encounter a myriad of challenges. Steve's expertise in investments and strategic advisory, combined with Neuberger's robust global platform, will allow us to enhance our partnerships with clients and assist them in navigating both public and private markets more effectively."

Steven Meier brings over four decades of invaluable investment experience across both public and private sectors to Neuberger. Previously, he has been instrumental in overseeing more than $300 billion in assets for the five pension funds within the New York City retirement system. His insights have also been integral to the Connecticut Retirement Plans Trust Fund as its interim CIO. In the private sector, he has held crucial positions, including CIO for Global Fixed Income, Currency, and Cash at State Street Global Advisors, along with senior roles at notable firms such as Merrill Lynch, Oppenheimer, and Credit Suisse.

"I am incredibly excited to contribute my extensive knowledge and experience to this new chapter at Neuberger Berman," Meier remarked. "The unique employee-owned culture and the expansive platform that covers both public and private markets present an exceptional opportunity for generating innovative investment solutions. Having firsthand experience in what makes a significant impact for institutional investors and allocators, I eagerly look forward to working with my new colleagues to enhance our service offerings and capabilities for our clients."

Renowned for its commitment to excellence, Neuberger Berman currently manages over $380 billion in institutional assets globally and offers a comprehensive array of innovative investment strategies across various markets. The firm prides itself on its active management philosophy, grounded in fundamental research and engaged ownership. Established in 1939, Neuberger Berman has built a reputation as one of the best places to work in money management, having secured the top position in Pensions & Investments' list for multiple consecutive years.

For further insights and updates about Neuberger Berman, including their latest investment strategies, visit www.nb.com.

This announcement embodies a significant step for both Neuberger Berman and the institutional investment landscape, potentially setting the stage for enhanced collaborative success and innovative investment solutions in the coming years.