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NEW YORK, January 4, 2016 – Cerberus Capital Management (“Cerberus”) announced today that David Abrams was appointed Senior Managing Director of Cerberus UK Advisors, Ltd in its London office. He will play an integral role in expanding the firm’s credit platform, focus on pursuing unique and compelling distressed opportunities in the emerging markets, Europe and … Read more

Affiliates of Cerberus to make a $435 million preferred stock investment in Avon Products, Inc. Avon North America to be separated into privately-held entity into which affiliates of Cerberus will invest $170 million for 80.1% ownership Avon also announces suspension of quarterly dividend to reinvest in the business NEW YORK, Dec. 17, 2015 — Avon … Read more

Cerberus Investment Represents a Majority Economic Interest in the Company; Company Benefits from Increased Capital Base, Facilitating Focus on Long-term Growth REDWOOD CITY, Calif. and NEW YORK, Dec. 8, 2015 — PaxVax, Inc. (“PaxVax”), a Redwood City, California-based specialty vaccine company, today announced that an affiliate of Cerberus Capital Management, L.P. (“Cerberus”) has acquired a … Read more

Portfolio Consists of Part of the Legacy Book of NRAM, the Former Northern Rock Mortgage Business UKAR Engaged for Ongoing Asset Management Services NEW YORK, November 13, 2015 — Cerberus Capital Management, L.P. (“Cerberus”) today announced that affiliates of the firm have entered into a definitive agreement to acquire a portfolio of mortgage loans and … Read more

’S-HEROGENBOSCH, THE NETHERLANDS, 6 August 2015 – Van Lanschot has signed an agreement with an affiliate of Cerberus Capital Management LP on the sale of part of its portfolio of nonperforming commercial real estate loans. At a face value of over € 400 million, this transaction will accelerate the runoff of the non-core corporate loan … Read more

NEW YORK, May 20, 2015 – SL Resort Investors, LLC, an affiliate of Cerberus Capital Management, L.P., has completed the sale of Silverleaf Resorts, Inc., a vacation ownership company with 13 properties throughout the continental U.S., to Orange Lake Holdings. The transaction closed on May 18, 2015. Cerberus acquired Silverleaf Resorts in May 2011. “Silverleaf … Read more

Blue Bird becomes a Publicly Traded Company to trade under Ticker Symbol BLBD Commencing February 25, 2015 HOUSTON and FORT VALLEY, GA, February 24, 2015 — Hennessy Capital Acquisition Corp. (NASDAQ: HCAC, HCACU, HCACW) (“HCAC”) (“Hennessy”) today announced the completion of its previously announced acquisition of School Bus Holdings, Inc., which, through its subsidiaries, conducts … Read more

Cushman & Wakefield Ranks Cerberus First With Euro 17.7 Billion in Deals in 2014 NEW YORK, Feb. 10, 2015 — Cerberus Capital Management was named the leading investor in European non-performing loans (NPLs) in 2014 in a recent report from Cushman & Wakefield (C&W). C&W reported that Cerberus affiliates invested approximately €17.7 billion in European … Read more