Neuberger Berman will today announce plans to list its private equity fund of funds on London’s Specialist Fund Market, signalling a much needed shot in the arm for the struggling market.

The SFM has attracted only two funds since being set up in July 2007 by the London Stock Exchange as a regulation-light market for private equity, property and hedge funds; IRF European Finance Investment and Marwyn Value Investors, which both transferred from London’s Aim.