Mr. Weintraub joined Cerberus in 2008 and established the firm’s Residential Asset investment platform. Since that time, Cerberus has become one of the world’s leading investors in performing residential real estate loans, with total loans purchased globally in excess of $55 billion. Under Mr. Weintraub’s leadership, Cerberus has also earned recognition as an innovator and market leader in securitizing residential real estate loans. Since 2015, Cerberus is the largest issuer of residential re-performing loan debt in the United States and a leading issuer of residential performing loan debt in the United Kingdom and continental Europe.
Mr. Weintraub also positioned Cerberus to acquire distressed Single Family Real Estate (SFR) in 2015. Since its first investment, Cerberus has built a proprietary, national SFR platform to acquire underperforming homes, renovate and rent them to America’s workforce. Cerberus has established itself as a market leader and innovator in workforce housing and is one of the largest operators in the United States.
In addition to his role at Cerberus, from 2008 to 2009, Mr. Weintraub was a Vice Chairman of Residential Capital and member of the Executive Committee and Board of Directors. He is a member of the Cerberus Capital Management Operating/Management Advisory Committee and Financial Risk Management Sub-Committee.
Prior to joining Cerberus, he spent eight years, from 2000 to 2008, at Bear, Stearns & Co. From 2000 to 2007, Mr. Weintraub led the GSE and Government-backed mortgage business, and, in 2008, he co-headed U.S. residential mortgage and consumer-backed securities trading. Prior to Bear Stearns, from 1993 to 1999, Mr. Weintraub traded whole loans and mortgage backed securities at Lehman Brothers. From 1991 to 1993, Mr. Weintraub worked at Chase Manhattan Bank where he graduated from the Management Development Program for Operations and Systems.
Mr. Weintraub is a graduate of Lehigh University. He is currently a member of the Advisory Board for Hire Heroes, a veteran transition resources organization, and an active supporter of the Valerie Fund, an organization dedicated to helping children with cancer and rare blood disorders.