O’Sullivan will be responsible for leading the firm’s multi-asset team and its EMEA operations, building the portfolio pipeline.
The new CIO brings to Neuberger more than 25 years of experience, most recently at Mercer Investments, where he spent more than a decade as CIO of an outsourced CIO in Europe, the Middle East and Asia.
Prior to joining Mercer in 2010, O’Sullivan spent two years at QED Dublin in banking and insurance, and prior to that he worked at Bank of Ireland Global Markets, working with clients and leading the bank’s LDI products and inflation-related solutions.
Neuberger Berman launches new commodities fund as green energy transition creates ‘tailwind’
Duc van Lomvel, head of EMEA and Latin America, said: “Niall will enhance the level of dialogue and engagement with our institutional and intermediary clients by leveraging Neuberger Berman’s global platform to identify, deliver and manage customized multi-asset solutions.
“Having a senior investor in multiple assets in the region will certainly expand our capabilities and better serve the needs of our clients.”
The new hire will be based in London and Dublin and will report to Eric Knutzen, CIO and Head of Institutional Equity and Multi-Asset Doug Cramer, as well as Van Lomvel.
Knutzen said: “Continued market volatility, inflation and rising interest rates are driving clients to seek multi-asset class solutions to improve returns, increase diversification and seek opportunities wherever they may be in the public and private markets.
“O’Sullivan has a proven track record when it comes to capital allocation and his experience will benefit our clients in Europe and the Middle East.”