NB Distressed Debt Investment Fund 

The NB Distressed Debt Investment Fund Limited operates as a specialized closed-ended investment fund concentrating on fixed income assets. Managed primarily by Neuberger Berman Europe Limited, it also receives co-management support from Neuberger Berman Investment Advisers, LLC. The fund strategically deploys capital in global fixed income markets, seeking opportunities across diverse corporate sectors. Its core mandate involves investing in distressed and special situation credit opportunities, particularly in senior and senior secured debt, which often benefits from collateral and structural safeguards. The portfolio is constructed by identifying companies characterized by stressed balance sheets, undervalued implied enterprise values, liquidity challenges, or significant corporate activities such as mergers, divestitures, or other strategic events. Performance is benchmarked against the HFRI Distressed/Restructuring Index. Established on April 20, 2010, the fund is domiciled in Guernsey.