Neuberger Berman and QIA completed the $270m investment in Apax-backed Paycor.

Neuberger Berman, an investment firm, and Qatar Investment Authority, a sovereign wealth fund of the State of Qatar, completed the $270m investment in Apax-backed Paycor, a provider of SaaS payroll and human capital management software. Additional investors include ClearBridge Investments, Franklin Templeton, Leumi Partners, and Teca Partners. “The partnership of these new investors with Paycor speaks to the momentum we have achieved as a leader in HCM and the opportunities we see ahead. This allows Paycor to accelerate our strategy of serving our customers with industry-leading technology and expertise," Raul Villar, Paycor CEO.