![]() ![]() On May 16, 2011, Cerberus completed the acquisition of Silverleaf Resorts, for $2.50 in cash per share.On March 31, 2011, Cerberus acquired a real estate portfolio consisting of 45 Metro Cash & Carry properties in Germany from the three major shareholders of Metro AG.On March 17, 2011, Cerberus acquired the senior bank debt and completed a debt restructuring of Maxim Office Park, a one million square foot office and logistics complex located between Glasgow and Edinburgh, Scotland.On November 19, 2010, Cerberus and Drago Capital acquired a real estate portfolio of 97 bank branches from Spain's fourth largest financial group, Caja Madrid, in a 25-year leaseback transaction.The transaction closed on Jat a value of $4.2 billion. In June 2010, Cerberus agreed to sell Talecris to Spain's Grifols S.A.On April 12, 2010, Cerberus acquired private government services contractor DynCorp International for approximately $1 billion and the assumption of $500 million of debt.In March 2010, Cerberus agreed to buy New England's largest community-based healthcare system, the not-for-profit Caritas Christi Health Care, for $830 million, then withdrew its non-profit registration and changed its name to Steward Health Care that November.In March 2010, Cerberus was the lead investor that gained an ownership stake in Panavision as part of a debt restructuring agreement with shareholder MacAndrews & Forbes, the holding company of billionaire Ronald Perelman.On March 10, 2010, Cerberus entered into a financing deal with GeoEye in which the firm would provide the satellite imagery company funds of up to $215 million.Please help update this article to reflect recent events or newly available information. Activities performed by members of COAC in the area of control private equity investments, include due diligence, acquisition planning, board membership, special project staffing and, where appropriate, occupying interim or full-time open positions. Cerberus Operations and Advisory Company LLC (COAC) Ĭerberus utilizes an operations team of over 100 professionals to help source, analyze and monitor portfolio investments. Ĭerberus maintains the Cerberus Operations & Advisory Company LLC (COAC), which consists of senior operating executives supporting the firm's due diligence and assisting its portfolio companies. The firm's current investment portfolio includes more than 40 companies around the world with an average hold time of more than five years. The firm is active in private equity investment, lending, specialty finance, real estate investment, and securities trading. The company has been an acquirer of businesses over the past several years and now has investments in financial services, healthcare, consumer & retail, government services, manufacturing & distribution, technology & telecommunications, building products, energy & natural resources, apparel, paper, packaging & printing, transportation, commercial services, industrial & automotive, real estate, travel & leisure, and weaponry. Cerberus's largest locations include New York City, Chicago, and Boise, Idaho. Ĭerberus has grown to include 11 offices in nine countries. Bush, joined Cerberus in 1999 and is chairman of the company's Global Investments Division. ĭan Quayle, former Vice President of the United States 1989–1993, who served under President George H. Feinberg has stated that while the Cerberus name seemed like a good idea at the time, he later regretted naming the company after the mythological dog. History Ĭerberus is named after the mythological three-headed dog that guarded the gates of Hell. Investors include government and private sector pension and retirement funds, charitable foundations, university endowments, insurance companies, family savings and sovereign wealth funds. Securities and Exchange Commission Registered Investment Adviser. Ĭerberus has around US$60 billion under management in funds and accounts. The firm has affiliate and advisory offices in the United States, Europe and Asia. Richter, who serves as a senior managing director. The firm is based in New York City, and run by Steve Feinberg, who co-founded Cerberus in 1992, with William L. is a global alternative investment firm with assets across credit, private equity, and real estate strategies. Snow (Chairman of Capital Management)ĭistressed securities and assets, Leveraged buyouts, Growth capital, Real estate investing, Commercial lendingĬerberus Capital Management, L.P. Dan Quayle (Chairman of Global Investments). ![]() Steve Feinberg (Co-Founder and Co- CEO).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |