“We are thrilled to partner with Hellman & Friedman and Bain Capital as we take the next step in our evolution and continue our work to transform and improve the delivery of healthcare” “We ...

Lehman Brothers Holdings said Monday that it will sell its Neuberger Berman asset-management business for $2.15 billion to private equity firm Hellman & Friedman in partnership with Bain Capital.

Bain Capital and Hellman & Friedman will pick up the cloud-based electronic medical record (EHR) company from current private equity owners Veritas Capital and Evergreen Coast Capital.

San Francisco-based Hellman & Friedman said Tuesday that it raised enough capital to close the largest fund in its 20-year history, the $3.5-billion Hellman & Friedman Capital Partners V.