Cerberus Capital Management related stories
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News analysis: Mervyn’s settlement a warningWould the bankrupt department store chain’s accusations of ‘fraudulent conveyance’ on the part of its private equity sponsors have stood up in court?
- Cerberus announces plans to exit gunmaker
The tragic massacre at Sandy Hook Elementary School has led the New York-based private equity firm to initiate the process of divesting from Freedom Group, which manufactured a rifle used in the shooting.
- Cerberus, hedge funds back Delphi bailout
The former GM auto parts business will receive up to $3.4bn in financing from Cerberus, Appaloosa, Harbinger and other investors as the company emerges from bankruptcy protection.
- Former Ford advisor to lead Cerberus in Europe
Cerberus European Capital Advisors has hired Kenneth Leet to oversee the firm’s European office just one month after former US treasury secretary John Snow joined as its chairman.
- Cerberus buys Austrian lender
The New York-based private investment giant has further expanded its European presence with the acquisition of BAWAG bank.
- Study highlights a sellers’ market
2011 was a sellers’ market with significant variations in merger and acquisition deal structures across international markets, research from law and tax advisors CMS Corporate revealed.
- Cerberus in $257m auto fabrics exit
Cerberus acquired Guilford Mills for $107m in 2004, less than two years after the company emerged from bankruptcy.
- CVC builds out credit arm with merger
The firm has merged its London-based credit arm CVC Cordatus with New York-based Apidos Capital Management. The new entity, CVC Credit Partners, will manage $7.5bn of credit assets in the US and Europe.
- Cerberus hires Goldman exec for European debt
The firm has been growing its European distressed debt trading platform and has brought on Goldman Sachs executive Allen Ukritnukun to lead the team as it works to capitalise on the enormous distressed opportunity in the region.
- Goldman's global sponsors head retires
Milton Berlinski (pictured), global head of financial sponsors at Goldman Sachs, is to retire this month. Pete Lyon has been promoted to co-head of the sponsors unit in the Americas as a result.