Cerberus Capital Management related stories
All articles and analysis
Gap stock surges amid buyout rumoursThe struggling US retailer see shares rise by 7% after reports that it is considering a sale.
- Ski bums
This past summer, New York-based Fortress Investment Group purchased Intrawest, a Vancouver, British Columbia-based ski resort owner, while a Japanese conglomerate put its Alaskan resort on the block. Has the time come for a ski resort play? By Aaron Lovell.
- Blackstone, Cerberus invest in shipping venture
The two firms have invested $430 million in a $500 million joint venture with US Shipping Partners.
- Cerberus not liable for GM pension plan
The Cerberus-led consortium set to purchase GMAC will not be held liable for the troubled automaker’s pension obligations.
- Cerberus emerges as a PE powerhouse
Monday’s landmark GMAC acquisition has thrust the reconstituted hedge fund into the spotlight.
- Militant private equity
Bill Owen, the latest military-political figure to leave Washington for the world of alternative assets, is joining AEA Holdings to head up the firm’s growing Asia platform. By Aaron Lovell.
- Cerberus launches website
The historically reclusive firm peeks out from behind the curtain with a new web space.
- Cerberus, Carlyle vets launch new fund
Cerberus Capital Management veteran Joyce Johnson-Miller and former Carlyle managing director Leslie Armitage have teamed up for a new private equity fund that will invest in debt and equity.
- Angelo Gordon, MTN take over Marks & Spencer unit
Angelo Gordon and MTN Capital Partners have teamed up with former Duane Reade head Bruce Weitz to take over Marks & Spencer’s US grocer Kings Supermarkets in a $61.5m deal.
- Debt relief
The profile of senior secured debt continues to increase in Europe and the UK as private equity firms target distressed opportunities. By Aaron Lovell.