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December 26, 2017 · News

Cerberus Business Finance Announces Strategic Minority Investment by Dyal Capital Partners

NEW YORK, December 26, 2017 – Cerberus Business Finance, LLC (“CBF”), the middle-market lending platform of Cerberus Capital Management, L.P., announced today that affiliates of Dyal Capital Partners, L.P. (“Dyal”), a division of Neuberger Berman, made a strategic minority investment in CBF. Mark Neporent, Chief Operating Officer of Cerberus Capital Management, L.P., commented, “Dyal recognized … Read more

December 21, 2017 · News

Cerberus Business Finance Opens San Francisco Office Dedicated to Financing Bay Area and Pacific Northwest Businesses

NEW YORK, December 21, 2017 – Cerberus Business Finance, LLC (“CBF”), the middle-market direct lending platform of Cerberus Capital Management, L.P., announced today that it has launched a new office in San Francisco, hiring Scott Johnston and Kurt Peterson to lead its dedicated efforts to deliver financial solutions to the region’s leading businesses and financial … Read more

December 15, 2017 · News

Cerberus Capital Management Announces Majority Investment in Grupo Inmoglaciar

Partnership with Cerberus will accelerate Inmoglaciar’s growth strategy in Spanish residential real estate development Ignacio Moreno will continue to lead Inmoglaciar’s management team MADRID, December 15, 2017 — Cerberus Capital Management, L.P. and its affiliates (“Cerberus”), a global leader in alternative investing, announced today that it has acquired a majority interest in Grupo Inmoglaciar (“Inmoglaciar”), … Read more

November 29, 2017 · News

BBVA reduces its real estate exposure almost entirely through a JV with Cerberus

BILBAO, SPAIN, Nov. 29, 2017 – BBVA today announced an agreement with a subsidiary of Cerberus Capital Management, L.P. (Cerberus) to create a joint venture (JV) for its real estate business in Spain, reducing almost entirely its exposure to non core real estate assets. On the closing of the operation, BBVA will sell an 80% … Read more

November 27, 2017 · News

UniCredit announces the sale of an Italian Small Medium Enterprise (“SME”) secured and unsecured non performing credit portfolio

MILAN, November 27, 2017 – UniCredit today announced an agreement with MBCredit Solutions (“MBCS”) and an affiliate of Cerberus Capital Management, L.P. (“Cerberus”) in relation to the disposal on a non-recourse basis (pro-soluto) of a portfolio of Italian Small and Medium Enterprise (“SME”) non performing secured and unsecured loans. The portfolio consists entirely of Italian … Read more

November 02, 2017 · News

Cerberus Capital Management Acquires Club Exploria Resorts Assets

Industry Veteran Thomas Morris to Lead the Resort and Hospitality Company NEW YORK, November 2, 2017 — Cerberus Capital Management, L.P. and its affiliates (“Cerberus”) today announced the acquisition of certain assets of Club Exploria, LLC and Club Exploria Resorts (“Exploria”), a diversified hospitality, development, and management company with a collection of resorts and hotels … Read more

October 16, 2017 · News

Staples Solutions Appoints Dolph Westerbos as Chief Executive Officer

AMSTERDAM, Oct. 16, 2017 — Staples Solutions B.V. (“Staples Solutions”) today announced the appointment of Dolph Westerbos as Chief Executive Officer effective 1 November 2017. Mr. Westerbos joins Staples Solutions to build upon the progress made since its separation from Staples, Inc. following the sale of majority ownership to an affiliate of Cerberus Capital Management, … Read more

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