Cerberus Capital Management related stories
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General Raymond joins Cerberus as senior managing directorGeneral Raymond joins Cerberus after a career as a decorated military officer spanning 38 years of service in the United States Air Force and as a key architect of the United States Space Force.
Cerberus’ Craig Brooks on pivoting WFS through covidWorldwide Flight Services’ pivot to e-commerce and pharmaceutical cargo accelerated during the covid pandemic, he says.
Distressed shop GDA Luma set to launch, anchored by billionaires Boehly, ClaureGDA Luma is the brainchild of Gabriel de Alba, who for more than 25 years has been a control/influence investor in complex, distressed and special situations deals, including as a partner with Catalyst Capital.
Cerberus Capital exits Worldwide Flight ServicesWFS is an air cargo logistics provider and a provider of ground handling and technical services.
Lockheed Martin pension closes PE portfolio saleLP portfolio sales took the majority of total secondaries market share last year in a reversal from 2021.
Cerberus-backed 3Z Brands buys mattress company Nolah SleepArizona and New York-based 3Z is a provider of sleep products.
Cerberus-backed ECI acquires manufacturing and engineering services firm MRGECI is a supplier of electrical distribution systems, control box assemblies and other critical engineered components.
Lockheed Martin shops $1bn private equity portfolioSecondaries activity has slowed as a result of market dislocation and a wide gap between buyer and seller expectations.
Moelis spinout NexPhase Capital rolls out third fund with $750m targetLed by managing partner Ted Yun and founding partner Kurt Larsen, NexPhase spun out of Moelis in 2016 and closed its debut fund two years later.
Jefferies hires DWS secondaries exec to head up European GP-ledsBig financial institutions are increasingly looking for ways to expand into secondaries advisory to help meet the demand of the growing market.