REPE Fund Profile Series - Part Twelve: Cerberus Capital Management
Welcome to Part Twelve of our Fund Profile Series. Each Fund Profile briefly summarizes each fund’s history as well as the more recent deals. And to help you prepare for your real estate private equity interview(s), we also outline a few of each firm’s notable real estate equity investments in recent years. Following on from our focus on CBRE Investment Management in Part Eleven of this series, the twelfth part of this series will investigate Cerberus Capital Management in more detail. Key facts about Cerberus Capital Management Cerberus is an alternative investment firm specializing in distressed investing. The firm was co-founded by Stephen Feinberg and William L. Richter in 1992—today, William serves as a senior managing director while Stephen acts as co-CEO alongside Frank W. Bruno. Cerberus takes its name from the three-headed hound (aka Hades’ pet in Greek mythology) that had the job of guarding the underworld so the dead couldn't escape. As you can imagine, the lea