Hedge Fund - Cerberus Capital Management

Cerberus Capital Management, a global fund management firm headquartered in New York with a presence across Europe, Asia, and the US, has been a key player in distressed investing since its establishment in 1992. The firm operates on four core strategies: distressed securities and assets, control and non-control private equity, corporate middle-market lending, and real estate-related investments. Managing over $30 billion, Cerberus and its affiliates cater to a diverse array of esteemed investors, ranging from government and private sector pension and retirement funds to charitable foundations, university endowments, insurance companies, family offices, sovereign wealth funds, and high net worth individuals.

Mr. Stephen A. Feinberg holds pivotal roles as Co-Founder, Chief Executive Officer, and Chief Investment Officer of Cerberus, along with founding or co-founding other Cerberus affiliates and funds. Before establishing Cerberus in 1992, Mr. Feinberg managed separate capital pools for Gruntal & Co. and other accounts from 1985 to 1992. He commenced his career at Drexel Burnham Lambert, gaining hands-on experience in trading substantial firm capital. Mr. Feinberg is a graduate of Princeton University.

Cerberus Capital Management manages assets for 272 clients, totaling $88,209,956,145 in assets under management (AUM) as of their latest Form ADV from March 2024. Their Q4 2023 13F filing reported $4,550,654,433 in managed 13F securities, with a top 10 holdings concentration of 100%. The largest holding in Cerberus Capital Management's portfolio is Albertsons Companies, Inc., with 151,818,680 shares held.