The Evolving Role of Private Markets in a Portfolio – Neuberger – 9.14.26

Summary:

Join us for an interactive discussion on the expanding role of private markets in client portfolios and some of the most pressing questions facing advisors today when considering the asset class.

We’ll explore:

• Portfolio construction: Moving beyond the traditional 60/40 framework
• The questions advisors are asking: Addressing the “elephant in the room” around private equity performance, distribution timing, credit market volatility, and the emergence of AI
• Manager selection: Evaluating access and identifying opportunities amid increasing dispersion across private markets

Accepted for 1 CFP / IWI / CFA CE Credit

Speakers:

Anthony Tutrone is the Global Head of Private Markets at Neuberger, a private, employee-owned investment management firm with over $500 billion of assets under management. Mr. Tutrone started Neuberger’s private markets business in 2002, and today the business manages over $145 billion of assets across primary, secondary, co-investment, real estate, infrastructure, and direct equity and credit strategies on behalf of institutional and high net worth clients. Mr. Tutrone is a member of Neuberger’s Partnership, Asset Allocation, and Private Market Investment Committees. Prior to Neuberger, from 1994 to 2002, Mr. Tutrone was a Managing Director at The Cypress Group, a private equity firm focused on middle market buyouts that managed $3.5 billion of commitments. Mr. Tutrone began his career at Lehman Brothers in 1986, and was one of the original members of the firm’s Merchant Banking Group which managed a $1.2 billion private equity fund focused on middle market buyouts. He currently sits on the Boards of Identity Digital, Inc. and Marquee Brands, LLC. and sits on the advisory boards of several private equity funds. Mr. Tutrone received a B.A. in Economics from Columbia University and an M.B.A. from Harvard Business School.

Shannon Saccocia, CFA, is Managing Director and Chief Investment Officer – Wealth for Neuberger. As co-chair of the firm’s global Asset Allocation Committee, Ms. Saccocia works closely with investment leadership across Neuberger to establish market views, strategic and tactical asset allocation, and portfolio recommendations. She leverages her deep expertise and decades of experience working with individuals, families, financial advisors and small institutions to deliver the firm’s comprehensive investment capabilities to Wealth clients. Prior to joining Neuberger in 2023, she was the Chief Investment Officer for five years for SVB Private and Boston Private Wealth, which SVB acquired in July 2021, overseeing portfolio construction, asset allocation, third-party manager selection, equity and fixed income portfolio management, performance and trading. Previously, she held senior roles at Banyan Partners and Silver Bridge Advisors focused on manager selection, asset allocation and portfolio construction.

Shannon received her BA in Economics and History from Brandeis University, and has been awarded both the Chartered Financial Analyst and Certified Investment Management Analyst^® designations. Ms. Saccocia is a longtime CNBC contributor and is regularly featured in the financial media. She resides in the Boston area with her husband and two children.