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Maryland Administration Agreement between Neuberger and Berman Advisers Management Trust and Neuberger and Berman Management Inc

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Control #:
US-CC-7-636
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This sample form, a detailed Administration Agreement document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.

The Maryland Administration Agreement refers to a legal contract established between Berger and Berman Advisers Management Trust and Berger and Berman Management Inc. This agreement outlines the terms and conditions regarding the administration and management of assets, portfolios, and investments. It serves as a binding document that governs the relationship between the two entities, defining their roles, responsibilities, and obligations in managing various financial activities. The Maryland Administration Agreement aims to ensure a smooth and collaborative approach to efficiently handling assets and investment strategies. By clearly demarcating the responsibilities of both Berger and Berman Advisers Management Trust and Berger and Berman Management Inc., the agreement helps maintain transparency and accountability throughout the partnership. Among the different types of Maryland Administration Agreement between these entities, there are variations that may cater to specific circumstances or requirements. These agreements could include but are not limited to: 1. Investment Administration Agreement: This type of agreement lays out the specific procedures and guidelines for the administration of investment portfolios. It encompasses aspects such as investment decisions, risk management, reporting mechanisms, and performance evaluation, ensuring proper governance of the investments. 2. Asset Management Administration Agreement: This agreement focuses on the management and administration of assets held by Berger and Berman Advisers Management Trust. It defines the roles and responsibilities related to valuations, custody of assets, and compliance with regulatory requirements. It also outlines the fee structure and any performance benchmarks that need to be met. 3. Compliance and Reporting Administration Agreement: This type of agreement highlights the need for compliance with legal and regulatory obligations. It addresses reporting requirements, internal controls, and annual audits. It specifies the measures to be taken to ensure adherence to relevant laws, regulations, and industry standards. 4. Performance Monitoring Administration Agreement: This agreement primarily focuses on monitoring the performance of the assets managed or advised by Berger and Berman Advisers Management Trust and Berger and Berman Management Inc. It outlines the evaluation criteria and benchmarks that will be used to assess the performance of the assets, allowing for necessary adjustments or enhancements to be made. Overall, the various types of Maryland Administration Agreements between Berger and Berman Advisers Management Trust and Berger and Berman Management Inc. serve to provide a comprehensive framework to effectively manage assets, investments, compliance, and reporting obligations. These agreements ensure that both parties work collaboratively, safeguarding the interests of clients and maintaining the highest standards of professionalism and accountability.

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FAQ

Hedge funds have the same basic pooled fund structure as mutual funds. However, hedge funds are only offered privately. Typically, they are known for taking higher risk positions with the goal of higher returns for the investor. As such, they may use options, leverage, short-selling, and other alternative strategies.

Neuberger Berman's range of fund types includes UCITS, QIAIFs and private funds, among others. They span asset classes, investment styles and geographies, offering investors a broad range of options to suit their investment objectives.

Neuberger Berman is a private, independent, employee-owned investment manager?a rare structure for a large asset management firm, almost all of which are either public or owned by other financial institutions.

Neuberger Berman Trust Company N.A. offers comprehensive fiduciary and investment services for individuals and institutions.

Neuberger Berman BD LLC is a registered broker-dealer and member FINRA/SIPC. Tax, trust and estate planning are services offered by Neuberger Berman Trust Company.

Neuberger Berman is an experienced hedge fund solutions provider investing on behalf of institutional, high-net-worth and retail clients via registered liquid alternative funds, custom portfolios, and commingled products.

As a mutual fund registered under the Investment Company Act of 1940 (the "1940 Act"), the Fund is subject to certain restrictions under the 1940 Act and the Internal Revenue Code (the "Code") to which the Predecessors were not subject.

For nine consecutive years, Neuberger Berman has been named first or second in Pensions & Investment's Best Places to Work in Money Management survey (among those with 1,000 employees or more). The firm manages $436 billion in client assets as of March 31, 2023.

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Maryland Administration Agreement between Neuberger and Berman Advisers Management Trust and Neuberger and Berman Management Inc