Nonlocal Matrix Generalizations of N=2 Super Virasoro Algebra

We study the generalization of second Gelfand-Dickey bracket to the superdifferential operators with matrix-valued coefficients. The associated Miura transformation is derived. Using this bracket we work out a nonlocal and nonlinear N=2 superalgebra which contains the N=2 super Virasoro algebra as a subalgebra. The bosonic limit of this algebra is considered. We show that when the spin-1 fields in this bosonic algebra are set to zero the resulting Dirac bracket gives precisely the recently derived $V_{2,2}$ algebra.