Announced

Neuberger Berman to invest in Sphera.

Synopsis

Neuberger Berman, an investment firm, agreed to invest in Sphera, a provider of integrated operational risk management software and data. Financial terms were not disclosed. “We are delighted to welcome Neuberger Berman Capital Solutions as a strategic partner alongside Blackstone. The additional support is a strong endorsement of our vision, our team and the value we’re delivering to our customers every day in helping them manage sustainability and operational risks. With this investment, we’ll accelerate innovation, expand our global reach and continue empowering organizations to navigate complexity and drive sustainable performance," Paul Marushka, Sphera Founding CEO and President.

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