<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-31-2000
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 233,251
<RECEIVABLES> 9
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 233,260
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,149
<TOTAL-LIABILITIES> 1,149
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 191,535
<SHARES-COMMON-STOCK> 9,134
<SHARES-COMMON-PRIOR> 11,058
<ACCUMULATED-NII-CURRENT> 315
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 19,589
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 20,672
<NET-ASSETS> 232,111
<DIVIDEND-INCOME> 1,890
<INTEREST-INCOME> 657
<OTHER-INCOME> 0
<EXPENSES-NET> (1,826)
<NET-INVESTMENT-INCOME> 721
<REALIZED-GAINS-CURRENT> 19,687
<APPREC-INCREASE-CURRENT> 29,379
<NET-CHANGE-FROM-OPS> 49,787
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (420)
<DISTRIBUTIONS-OF-GAINS> (1,154)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,077
<NUMBER-OF-SHARES-REDEEMED> (3,079)
<SHARES-REINVESTED> 78
<NET-CHANGE-IN-ASSETS> 7,887
<ACCUMULATED-NII-PRIOR> 190
<ACCUMULATED-GAINS-PRIOR> 199
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,090
<AVERAGE-NET-ASSETS> 214,769
<PER-SHARE-NAV-BEGIN> 20.28
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> 5.20
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> (.11)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.41
<EXPENSE-RATIO> .85
</TABLE>
