the infamous Post that Richard Chimberg Claims is Not Accurate but it is NOT my WORDS..

My Post from Link Below
http://www.industrywhistleblower.com/2010/02/
bain-capital-llc-and-hellman-friedman.html

"Bain Capital LLC and Hellman & Friedman LLC to buy Neuberger Berman Inc. from Lehman Brothers Holdings Inc. for $2.15 billion

"Boston-based private equity firm Bain and San Francisco based private equity firm Hellman & Friedman agreed to acquire equal stakes in investment advisory and asset management firm Neuberger Berman from New York City-based Lehman. Also, current portfolio managers, management team, and senior professionals will gain a significant stake in the company, and remain in their positions.

The transaction includes all capabilities of Neuberger, which is primarily equities products and services, mutual funds, and a strong emphasis on high net worth and institutional clients.

The deal also includes Lehman Brothers Asset Management, with its fixed income, commodities, and quantitative portfolio management capabilities, and Lehman's private funds investment group. The deal doesn't include Lehman's merchant-banking, real-estate, or venture-capital direct private-equity businesses. The transaction is expected to be completed by early 2009.

Seller financial advisor: Barclays Capital
Bidder financial advisor: Citigroup
Seller legal advisor: Weil Gotshal & Manges; Willkie Farr & Gallagher
Bidder legal advisor: Cleary Gottlieb Steen & Hamilton; Proskauer Rose; Ropes & Gray "

Source of Post
http://www.cfo.com/article.cfm/12372026?f=msdynamics "

Posted By Crystal L. Cox
Industry Whistleblower