Cerberus Fund V May Go Bigger than $3.75 Bln

Cerberus Capital Management is looking to raise $3.75 billion with its fifth fund, a person says. Fundraising for the pool is in the early stages. Cerberus has received lots of interest in Fund V and the New York PE firm may boost the size of the fund, the source says. However, the firm is unlikely to increase the pool to $5 billion or more, the person says. Monument Group is placement agent for Fund V, the source says.

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