BAKU, Azerbaijan, October 19. Neuberger, one of
the world's leading investment companies, is open to partnering
with local investors in Azerbaijan, Khalid Albdah, Head of MENA and
New Markets at Neuberger, told Trend.


Talking about the cooperation with the State Oil Fund of
Azerbaijan (SOFAZ), he noted that the company’s relationship with
the Fund is built on open dialogue, mutual trust, and a shared
long-term perspective across asset classes.


"We take a tailored approach that reflects SOFAZ's investment
objectives, time horizon, and the broader environment in which it
operates. Our standing as investors in Azerbaijan's debt markets
provides additional insight into the local investment landscape and
underscores our enduring engagement with the country," said
Albdah.


He pointed out that Neuberger remains committed to supporting
SOFAZ's diversification objectives by broadening the range of
opportunities available to it, and to helping it pursue its
long-term return goals.


"We look forward to continuing to work together in the years
ahead. Generally, in Azerbaijan we remain open to opportunities to
partner with local investors," Albdah concluded.


Cooperation between Azerbaijan's State Oil Fund (SOFAZ) and
Neuberger began in 2015. SOFAZ has allocated a total of $775
million to investment vehicles managed by Neuberger across private
equity, private debt, secondary market investments and
co-investment projects.


On September 25, President of the Republic of Azerbaijan Ilham
Aliyev received George Walker, Chairman and Chief Executive Officer
of Neuberger.


The meeting included an exchange of views on the current state
and prospects of investment cooperation between Azerbaijan and
Neuberger, as well as on new opportunities emerging in global
investment markets, projects of mutual interest, and the expansion
of long-term partnership.







Both parties emphasized the ongoing fruitful cooperation between
the State Oil Fund of the Republic of Azerbaijan (SOFAZ) and
Neuberger. They also discussed the results achieved as part of
SOFAZ's partnership with the company, covering private equity,
private debt, and other investment areas, as well as opportunities
for participation in new projects.


Neuberger is a global investment management firm founded in
1939. The firm is 100% private, independent, and employee-owned. As
of December 31, 2025, Neuberger managed $613 billion in assets and
operated from its headquarters in New York City with 40 offices
across 26 countries.


Neuberger, as of 2025, has been in business for more than 85
years. The firm states that it was founded with a singular purpose:
to deliver compelling investment results for clients over the long
term. Its longevity is paired with an emphasis on independent
thought and rigorous research through market cycles.


The firm had 2,943 total employees and 788+ investment
professionals. It also reports approximately 800
employee-owners.


Neuberger reported $51 billion in private credit assets under
management as of June 30, 2026. Its private credit capabilities
include Private Debt, Capital Solutions, Special Situations,
Residential Loans, Specialty Finance, Private Placement, European
Private Loans, Differentiated Alternative Credit, Insurance-Linked
Strategies, and Crossover/Pre-IPO. The firm frames its work across
private markets within a client-focused, solutions-oriented
platform supported by research and risk discipline.


Based on the firm’s reported figures, 82% of equity assets under
management have outperformed their benchmarks since inception, and
94% of fixed income assets under management have outperformed their
benchmarks since inception. These figures are presented alongside
an investment approach centered on deep research, independent
thought, and disciplined risk management through market cycles,
with an emphasis on long-term client outcomes.