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Thursday, July 23, 2009|
Neuberger Co-Founder Turns 106
Neuberger Berman co-founder Roy Neuberger celebrated his 106th birthday on Tuesday. Neuberger, who was born in Bridgeport, Connecticut on July 21, 1903, started the company with Robert Berman in 1939. The firm rolled out one of the first no-load funds, the Guardian Fund, in 1950.
Neuberger has maintained an office at the company until recently.
"The amazing culture he created still serves us well today as a once-again-independent firm — a prospect he was excited about — and we remain humbled by his example as we embrace new opportunities," said Neuberger Berman chairman and CEO George Walker in a statement.
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