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June 15, 2026 · News

Cerberus, EBRD and IFC Complete VeloBank’s Acquisition of Bank Handlowy Retail Operations

An affiliate of Cerberus Capital Management, L.P. (“Cerberus”), the European Bank for Reconstruction and Development (“EBRD”) and the International Finance Corporation (“IFC”, a member of the World Bank Group) (and jointly, the “Shareholders”) today announced the completion of the acquisition of Bank Handlowy’s Retail Operations by VeloBank S.A. (“VeloBank” or the “Bank”). The transaction, first … Read more

May 13, 2026 · News

Frontier Power USA Formed to Accelerate Deployment of American-Made Long-Duration Energy Storage Infrastructure

Frontier Power USA (“Frontier” or the “Company”), a newly established long duration energy storage development and investment platform, today announced its formation to accelerate the deployment of critical, utility scale storage infrastructure across the United States. Frontier has received a $100 million direct equity commitment from Cerberus Capital Management L.P. (“Cerberus”) and is expecting to … Read more

May 04, 2026 · News

Cerberus Appoints Rahul Sangwan as Head of India

NEW YORK – May 4, 2026 – Cerberus Capital Management, L.P. (“Cerberus”), a global alternative investment firm with $70 billion in assets, today announced that firm veteran Rahul Sangwan has been appointed Head of India. A core member of Cerberus’ International Credit business for 15 years, Mr. Sangwan has led transactions across multiple geographies, most … Read more

May 04, 2026 · News

Cerberus to Make a Strategic Investment into Data Center Solutions Provider S+S Industries

NEW YORK and HOUSTON – May 4, 2026 – Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), a global alternative investment firm, today announced that Cerberus-managed funds have entered into a definitive agreement to make a strategic investment into S+S Industries (“S+S” or the “Company”), a leading provider of critical solutions and value added … Read more

April 20, 2026 · News

Cerberus Closes $2.3 Billion Single-Asset Continuation Vehicle for SubCom

NEW YORK, NY — April 20, 2026 – Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), a global alternative investment firm, today announced the closing of a single-asset continuation vehicle for Subsea Communications (“SubCom” or the “Company”), a critical digital infrastructure company and a leading global supplier of turnkey subsea fiber optic cable systems. … Read more