NEW YORK – March 14, 2025 – Cerberus Capital Management, L.P., a global leader in alternative investing, today issued the following statement:
“We are incredibly proud of our Co-Founder Steve Feinberg on his confirmation as the 36th Deputy Secretary of Defense of the United States. We know that Steve will bring to this vital role the same intelligence, energy, and commitment that we have experienced for more than three decades at Cerberus.
On behalf of Cerberus’ global team, we congratulate Steve on his appointment and thank him for building the Firm into the leader it is today.”
With Mr. Feinberg’s confirmation, Cerberus will be led by Chief Executive Officer Frank Bruno, alongside an Operating Board comprised of the Firm’s long-tenured executive leadership team. Mr. Bruno is a 27-year veteran of Cerberus and has served as Co-Chief Executive Officer since 2018.
About Cerberus
Founded in 1992, Cerberus is a global leader in alternative investing with approximately $66 billion in assets across complementary credit, real estate, and private equity strategies. We invest across the capital structure where we believe our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and market cycles as they seek to achieve strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com.
Contacts
Cerberus
Jason Ghassemi
[email protected]