NEW YORK – August 4, 2025 – The Cerberus family honors the memory and legacy of our Co-Founder William L. (Bill) Richter who passed away on August 1, 2025 at the age of 82. Bill will always have a special place in our hearts for his role in co-founding Cerberus with Steve Feinberg in 1992. Their vision to create a platform to invest in unique opportunities across the debt and equity spectrum was realized and surpassed over the last 33 years.
Bill was active in the early years of building Cerberus before focusing on his other areas of business and philanthropic interests. Prior to co-founding Cerberus, Bill founded Richter Investment Corp., a merchant bank, and served on the boards of numerous companies such as Nexus Industries, Avesis, and AbsoluteCare.
On behalf of our entire global Cerberus family, we honor Bill’s contributions to our Firm, and share our condolences with his family, friends, and all those he touched during his distinguished career and philanthropic endeavors.
About Cerberus
Founded in 1992, Cerberus is a global leader in alternative investing with approximately $65 billion in assets across complementary credit, real estate, and private equity strategies. Cerberus invests across the capital structure where it believes its integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Cerberus’ tenured teams have experience working collaboratively across asset classes, sectors, and geographies as they seek to achieve strong risk-adjusted returns for investors. For more information, visit www.cerberus.com.