New York based investment manager Neuberger Berman has appointed Alberto Salato to the newly-created role of head of southern Europe.
In his new Milan-based role, which Salato takes up immediately, he will oversee client coverage across the Iberian peninsula and Italy.
Salatao joins from Blackrock Investment Management, where he was managing director and head of institutional for Italian business for over a decade.
He has previously worked for Franklin Templeton Investments and JP Morgan Private Banking in Milan.
Dik van Lomwel, head of Emea and Latin America, said: “Italy, Spain and Portugal are important markets for us, where our client footprint continues to grow, so we have created this new role to optimise the synergies across the region.
“Alberto brings 17 years of experience working with sophisticated institutions and I am delighted to welcome him to the firm.”
Neuberger Berman has in recent years built up a strong local presence in southern Europe, having opened a Milan office in 2011 and established a Madrid presence in 2015. The employee-owned firm also added a private equity team based in Milan in 2015.
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