NEUBERGER BERMAN EQUITY SERIES
NSAR-B, 1999-10-28
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<PAGE>      PAGE  1
000 B000000 08/31/1999
000 C000000 0001070872
000 D000000 N
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000 F000000 Y
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000 J000000 A
001 A000000 NEUBERGER BERMAN EQUITY SERIES
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001 C000000 2124768800
002 A000000 605 THIRD AVENUE, 2ND FLOOR
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002 C000000 NY
002 D010000 10158
002 D020000 0180
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<PAGE>      PAGE  2
012 C01AA01 BOSTON
012 C02AA01 MA
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014 A00AA02 NEUBERGER BERMAN MANAGEMENT INC.
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
077 P000000 N
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080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 C00AA00    10000
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<PAGE>      PAGE  6
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070 J020100 N
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<PAGE>      PAGE  7
070 N020100 N
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<PAGE>      PAGE  8
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013 A000201 ERNST &  YOUNG LLP
013 B010201 BOSTON
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<PAGE>      PAGE  9
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037  000200 N
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070 A010200 Y
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070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 Y
<PAGE>      PAGE  10
070 L020200 N
070 M010200 Y
070 M020200 N
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070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 Y
070 P020200 N
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070 Q020200 N
070 R010200 N
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071 A000200         0
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<PAGE>      PAGE  11
073 A020200   0.0000
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SIGNATURE   RICHARD RUSSELL
TITLE       TREASURER



<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains the summary financial information extracted from
the Neuberger Berman Socially Responsive Assets Annual Report and is
qualified in its entirety by reference to such document.
</LEGEND>
<CIK> 0001070872
<NAME> NEUBERGER BERMAN EQUITY SERIES
<SERIES>
   <NUMBER> 01
   <NAME> NEUBERGER BERMAN SOCIALLY RESPONSIVE ASSETS
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-END>                               AUG-31-1999
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                             117
<RECEIVABLES>                                       14
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                     131
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           22
<TOTAL-LIABILITIES>                                 22
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                           111
<SHARES-COMMON-STOCK>                               11
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            (1)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           (1)
<NET-ASSETS>                                       109
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       0
<NET-INVESTMENT-INCOME>                              0
<REALIZED-GAINS-CURRENT>                           (1)
<APPREC-INCREASE-CURRENT>                          (1)
<NET-CHANGE-FROM-OPS>                              (2)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             11
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                             109
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    127
<AVERAGE-NET-ASSETS>                               109
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                  (.01)
<PER-SHARE-GAIN-APPREC>                          (.14)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.85
<EXPENSE-RATIO>                                   1.50<F1>
<FN>
<F1>Annualized.
</FN>


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger Berman Genesis Institutional Annual Report and is qualified in
its entirety by reference to such document.
</LEGEND>
<CIK> 0001070872
<NAME> NEUBERGER BERMAN EQUITY SERIES
<SERIES>
   <NUMBER> 02
   <NAME> NEUBERGER BERMAN GENESIS INSTITUTIONAL
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-END>                               AUG-31-1999
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                         224,006
<RECEIVABLES>                                      768
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 224,774
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          550
<TOTAL-LIABILITIES>                                550
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       232,542<F1>
<SHARES-COMMON-STOCK>                           11,058
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          190
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            199<F1>
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (8,707)
<NET-ASSETS>                                   224,224
<DIVIDEND-INCOME>                                  440
<INTEREST-INCOME>                                   87
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (337)
<NET-INVESTMENT-INCOME>                            190
<REALIZED-GAINS-CURRENT>                           454
<APPREC-INCREASE-CURRENT>                      (8,707)
<NET-CHANGE-FROM-OPS>                          (8,063)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         11,479
<NUMBER-OF-SHARES-REDEEMED>                      (421)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         224,224
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    456
<AVERAGE-NET-ASSETS>                           233,265
<PER-SHARE-NAV-BEGIN>                            21.01
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                          (.75)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.28
<EXPENSE-RATIO>                                    .85<F2>
<FN>
<F1>Included in number is a ROCSOP entry.
<F2>Annualized.
</FN>


</TABLE>


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