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May 24, 2021 · News

Brian H. Hook Appointed Vice Chairman of Cerberus Global Investments

NEW YORK – May 24, 2021 – Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that Brian H. Hook has been appointed Vice Chairman of Cerberus Global Investments, LLC, an affiliate of Cerberus focused on international business and investment strategies.

April 06, 2021 · News

Cerberus Completes Sale of Sparton to Elbit Systems of America

NEW YORK – April 6, 2021 – Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that one of its affiliates has completed the previously announced sale of Sparton Corporation (“Sparton” or the “Company”) to Elbit Systems of America, LLC (“Elbit Systems of America”).

April 02, 2021 · News

HDFC Capital and Cerberus Partner to Form a Special Situations Platform for the Indian Residential Real Estate Sector

HDFC Capital Advisors Limited (“HDFC Capital”) and an affiliate of Cerberus Capital Management, L.P. (“Cerberus”) have partnered to target the creation of a special situations platform (the “Platform”) focused on high-yield opportunities in the Indian residential real estate sector. The Platform will seek to purchase inventory and provide last-mile funding for under construction residential projects across India, among other real estate-related opportunities.

March 29, 2021 · News

Cerberus Raises $2.8 Billion for Flagship Global Opportunistic Real Estate Strategy

NEW YORK – March 29, 2021 – Cerberus Capital Management, L.P., (collectively with its affiliates, “Cerberus”) today announced the closing of approximately $2.8 billion of commitments for its flagship global opportunistic real estate strategy. Cerberus Institutional Real Estate Partners V, L.P. (“CIREP V”) closed with more than $2.5 billion in commitments with an additional $300 million committed to a dedicated investor fund for the strategy.

March 22, 2021 · News

Matt Zames Steps Down as President of Cerberus

NEW YORK, March 22, 2021 – Cerberus Capital Management, L.P. (“Cerberus”) announced today that Matt Zames is stepping down as President of Cerberus and Chairman of Cerberus Technology Solutions (“CTS”).

March 15, 2021 · News

Stonemont Financial Group and Cerberus Announce Joint Venture Targeting Industrial Service Facilities

ATLANTA – March 15, 2021 – Stonemont Financial Group (“Stonemont”), a leading industrial developer and real estate investor, announced today that it established a joint venture with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing. The partnership is focused on building a large-scale portfolio of logistics and outdoor storage industrial real estate across the United States.

March 09, 2021 · News

Cerberus Business Finance Raises $4.4 Billion of Additional Capital for U.S. Direct Lending Strategy

NEW YORK – March 9, 2021 – Cerberus Capital Management, L.P. (“Cerberus”) announced today that its middle-market direct lending platform, Cerberus Business Finance, completed the final close of its latest flagship fund, Cerberus Levered Loan Opportunities Fund IV (“Fund IV”). Fund IV closed with $2.4 billion of equity commitments and, in total, Cerberus Business Finance raised more than $4.4 billion of equity commitments for its strategy across Fund IV and separately managed accounts. Together with additional fund-level leverage commitments, this raise brings Cerberus Business Finance’s total capital to over $20 billion.