Neuberger Berman's insurance-linked fund XIII pulls in $87M
What's the deal? Neuberger BermanDealroom has a profile for this one. Try Dealroom → has raised $87,184,301 for its Insurance Fund XIII, a private equity vehicle structured as series interests of the SALI Multi-Series Fund, L.P.Dealroom has a profile for this one. Try Dealroom → The amount was disclosed in an amended exempt securities offering notice dated September 10, 2026.
How it's structured: The offering carries an indefinite total size, meaning the fund keeps its ultimate fundraising target open while banking current proceeds. It is available in all US states and exempt under classifications 06b, 3C, and 3C.7.
Who's behind it? SALI Fund Partners, LLCDealroom has a profile for this one. Try Dealroom → serves as general partner, with managing director Cameron J. Vail signing the notice. Both the fund and general partner list the same registered address in Austin, Texas.
The signal: Insurance-dedicated fund structures like SALI's multi-series platform let managers such as Neuberger Berman package private equity exposure for insurance investors, and the open-ended format signals appetite to keep raising as demand allows.
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