Mr. Davenport is Head of Global Corporate Credit and Distressed Debt and is responsible for overseeing and managing Cerberus’ investments in stressed and distressed debt on a global basis.
Since joining the Firm in 1996, Mr. Davenport has played a significant role in building and establishing Cerberus’ core credit platform and has led the investment of multiple billions of capital per year during periods of market dislocation, such as the Asian Financial Crisis and the Great Financial Crisis. During his tenure, he has helped Cerberus develop new investment strategies that expand outside its core strategy of investing in stressed and distressed debt.
Prior to Cerberus, Mr. Davenport was a principal at Vestar Capital Partners from 1990 to 1994, where he was responsible for identifying, analyzing, and executing leveraged buyout opportunities. From 1988 to 1990, he worked in the mergers and acquisitions group at Drexel Burnham.
Mr. Davenport graduated from the University of California. He is a member of the Board of Trustees for the Crossroads School for Arts and Sciences in Santa Monica, California and Heal the Bay, a non-profit focused on the protection of ocean and water quality in Southern California.