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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 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.

March 05, 2021 · News

Cerberus Appoints Gregory Nixon as Head of Strategic Investments

NEW YORK – March 5, 2021 – Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that Gregory Nixon has rejoined the Firm as Head of Strategic Investments, Senior Managing Director, and Senior Legal Counsel. In his role, Mr. Nixon will focus on investment opportunities with the potential to drive technological, security, and defense advancements, working across Cerberus’ integrated investment platforms that span asset classes, sectors, and geographies.

March 01, 2021 · News

Cerberus and Koch to Acquire PQ Performance Chemicals

NEW YORK – March 1, 2021 – Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”) and Koch Minerals & Trading, LLC (“Koch”) today announced a partnership that has agreed to acquire the PQ Performance Chemicals business of PQ Group Holdings Inc. (NYSE: PQG) (“PQ”) for approximately $1.1 billion.

February 25, 2021 · News

Bloomberg’s EM Lens & Look Through Podcast with Rob Milam

Rob Milam, Cerberus Head of Emerging Market Credit, recently joined Bloomberg’s EM Lens & Look Through podcast to share insights on emerging markets and discuss his outlook, including the opportunities ahead.

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