BAKU, Azerbaijan,
September 25. As reported earlier, President of the Republic of
Azerbaijan Ilham Aliyev received George Walker, Chairman and CEO of
Neuberger Berman, one of the world's leading investment firms, on
September 25.


Founded in 1939 and headquartered in New York, Neuberger Berman
is a global investment management firm with $613 billion in assets
under management. The company invests in both public and private
markets through offices in 26 countries.


Walker met with President Ilham Aliyev in New York in September
2025. During the meeting, the parties discussed the current state
and prospects for cooperation between Azerbaijan and Neuberger
Berman.


Cooperation between the State Oil Fund of the Republic of
Azerbaijan (SOFAZ) and Neuberger Berman began in 2015.


SOFAZ has allocated a total of $775 million to investment
vehicles managed by Neuberger Berman across private equity, private
debt, secondary market investments and co-investment projects.