Neuberger Berman completed the acquisition of Almanac Realty Investors.

Neuberger Berman, a private, independent, employee-owned investment manager, completed the acquisition of Almanac Realty Investors, a provider of growth capital to public and private real estate companies. Financial terms were not disclosed. "Private real estate is an important asset class. We've looked for a decade for the right partner here and are thrilled with the outcome. We respect the Almanac team deeply as investors, fiduciaries and professionals and welcome them to our firm," George Walker, Neuberger Berman CEO.