CERBERUS CAPITAL MANAGEMENT, L.P. other names

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Adviser Profile

As of Date:

08/23/2024

Adviser Type:

- Large advisory firm


Number of Employees:

936 9.47%

of those in investment advisory functions:

262 -0.38%


Registration:

SEC, Approved, 1/21/2010

AUM:

88,209,956,145 7.09%

of that, discretionary:

88,209,956,145 7.09%

Private Fund GAV:

97,160,277,116 18.91%

Avg Account Size:

324,301,309 -30.71%


SMA’s:

YES

Private Funds:

200 25

Contact Info

212 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
82B 71B 59B 47B 35B 24B 12B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

North America increasingly dominates global private assets industry - Preqin report
03/20/2024

... hedge funds. This percentage has climbed since 2017 driven by hedge fund heavyweights like Bridgewater, AQR Capital Management, Cerberus Capital ...

pionline.com

Orica to Buy U.S. Sodium Cyanide Producer Cyanco for $640 Million
02/20/2024

Australian chemicals company Orica has agreed to buy U.S. sodium cyanide producer Cyanco from an affiliate of Cerberus Capital Management for $640 million.

Wall Street Journal

Judge orders Albertsons to keep dividend on hold as Cerberus Capital waits, states resist ahead of $24.6 billion Kroger tie-up
12/10/2022

Cerberus Capital initially bought into the grocer in 2006 and currently owns a stake of about 28%.

Fortune

7 Best Stocks to Buy According to Stephen Feinberg’s Cerberus Capital Management
07/27/2022

This article discusses the top 7 stocks that Stephen Feinberg’s Cerberus Capital Management held at the end of the first quarter and the fund’s history. If you want to skip that and know just the top 3 stock picks of Cerberus Capital Management, please check out our article 3 Best Stocks to Buy According to […]

Insider Monkey

3 Best Stocks to Buy According to Stephen Feinberg’s Cerberus Capital Management
07/27/2022

In this article, we will discuss the top 3 stock picks of Stephen Feinberg’s Cerberus Capital Management at the end of the first quarter of 2022. If you want to read our detailed analysis of Cerberus Capital Management’s performance and history, please check out 7 Best Stocks to Buy According to Stephen Feinberg’s Cerberus Capital […]

Insider Monkey


Private Funds Structure

Fund Type Count GAV
Hedge Fund 166 $87,055,645,670
Private Equity Fund 13 $410,214,829
Securitized Asset Fund 21 $9,694,416,617

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Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
013091103 ALBERTSONS COS INC $2,998,418,930 82.00% -8.00% 0.00%
35909D109 FRONTIER COMMUNICATIONS PARE $633,151,755 17.00% 7.00% 0.00%
02156K103 ALTICE USA INC $7,529,201 0.00% -18.00% 5.00%
20564W204 COMSCORE INC $1,555,990 0.00% -8.00% 0.00%

Brochure Summary

Overview

A. General Description of Advisory Firm. The Adviser is a Delaware limited partnership founded in 1992. The Adviser is headquartered in New York City and has over thirty affiliate and advisory offices located in the United States, Europe, Asia, Africa, the Middle East, South America and Australia. The principal owner is Stephen A. Feinberg, who owns his interests in the Adviser indirectly through one or more intermediate entities. The Adviser and its affiliates (the “Affiliates”) (the Adviser and the Affiliates are sometimes collectively referred to as the “Advisers”) provide investment management and administrative services to privately placed pooled investment vehicles (collectively, the “Private Funds”), single investment special purpose investment vehicles and managed accounts (collectively, with the Private Funds and “EU Clients” (as defined below), the “Clients”) based on their respective investment objectives. The Advisers tailor their advisory services as described in the investment program of the relevant Client’s private placement memorandum or as set forth in such Client’s organizational documents, the subscription documents related to an investment in such Client and/or the investment management agreement with such Client (collectively, the “Governing Documents”). Please refer to Item 8 for a more detailed description of the Advisers’ investment strategies as well as the securities and other instruments purchased by Clients under the management of the Advisers. Since the filing of the Adviser’s last Brochure through the date that this Brochure has been filed, several new Clients have been launched. For a complete list of all Clients that are provided administrative and/or investment management services by the Advisers, see Section 7.B. of Schedule D to the Advisers’ Form ADV Part 1. The Advisers provide investment management services to the Clients on a discretionary basis; however, their advice is provided in accordance with and subject to the investment objectives and guidelines set forth in each Client’s applicable Governing Documents. B. Description of Advisory Services. Advisory Services The Adviser is a global alternative investment firm founded in 1992. Headquartered in New York City with affiliate and advisory offices located in the U.S., Europe, Africa, the Middle East, South America, Asia and Australia, the Advisers generally focus on value creation globally in private equity and venture capital, real estate and global credit strategies as outlined below. The Advisers’ investment and operations professionals are integrated across all three of the Advisers’ primary investment strategies, bringing considerable expertise in assessing and managing all of the Advisers’ investments.  Private Equity and Venture Capital, including operational private equity, supply chain investments that aim to advance supply chain security and integrity and strengthen critical infrastructure of the U.S. and its allies, venture investments
in companies with a primary focus on the critical technology and infrastructure underpinning and enabling nation states, a frontier and emerging markets investment platform, acquisitions of companies with operational problems or significant cost reduction opportunities, subsidiaries divisions or business units of companies where the business is viewed as non-core and/or under-performing divisions, companies undergoing reorganization under U.S. bankruptcy law or similar laws, and early stage or later stage companies that require additional financing to scale and/or grow;  Real Estate, including investments in distressed debt securities and assets, special situations, direct equity, mortgage loans and bridge financings, mezzanine debt and preferred equity and non-performing loans (“NPLs”) secured by real estate; and  Global Credit, including corporate stressed credit and distressed debt, corporate middle- market direct lending and residential and commercial mortgage securities and assets. Please see Item 8 for additional information related to methods of analysis, investment strategies and risk of loss. C. Availability of Customized Services for Individual Clients. The Advisers tailor their advisory services as described in the investment program of the relevant Client’s Governing Documents. In addition, the Advisers have the right to enter and have entered into agreements, such as side letters, with certain investors in the Clients that may in each case provide for terms of investment that are more favorable for certain investors than the terms provided to other investors in the same Clients. Such terms typically include, among other things, the waiver or reduction of management and/or incentive fees/allocations, the provision of additional information or reports, rights related to specific regulatory requests or requirements of certain clients, more favorable transfer rights, and more favorable liquidity rights. Certain Clients (and/or underlying investors) also negotiate for investment exposure (or investment limitations) with respect to specific industries, sectors, geographic regions or investments, governance rights with respect to certain investments, the promotion of commercial relationships in an underlying investor’s country of origin, and/or rights to participate in co- investment opportunities or bid on portfolio companies at exit. Persons reviewing this Form ADV Part 2A should not construe this as an offering of any of the Clients described herein, which will only be made pursuant to the delivery of a private placement memorandum, subscription agreement and/or similar documentation to prospective investors. D. Wrap Fee Programs. The Adviser does not participate in wrap fee programs. E. Assets Under Management. As of January 1, 2024, the Adviser had approximately $88.2 billion of regulatory assets under management, all of which was managed on a discretionary basis. ITEM 5