Cerberus Capital Management

Latest News

Cerberus Capital Management, L.P. is one of the largest private equity investment firms in the United States. The firm is based in New York City, and run by 49-year-old financier Steve Feinberg. Former U.S. Vice President Dan Quayle has been a prominent Cerberus spokesperson and runs one of its international units.

Founded in 1992, Cerberus is named for the mythological three-headed dog that guarded the gates of Hades. Feinberg has stated to his employees that while the Cerberus name seemed like a good idea at the time, he later regretted naming the company after the mythological dog.

The company has been a very active acquirer of businesses over the past several years and now has sizable investments in automotive, sportswear, paper products, military services, real estate, energy, retail, glassmaking, transportation, and building products. In 2006, its holdings amounted to $24 billion.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Cerberus Capital Management." | Wiki History
UPS driver finds, returns $5,200 (16 min)
Century-old butter found in Antarctica (35 min)
Corn harvest tops 90 percent complete (39 min)
Salami, cheese made weapons in store fight (42 min)
Grain futures mostly higher Monday (46 min)
UPI NewsTrack Health and Science News (48 min)
UPI NewsTrack Sports
fark
Let's see now, √((r²-l²)+(l+k)² - (√(r²-l²)-w)²)-l-... GOD DAMMIT, Get out of my parking...
Teacher cuts off a student's braid after she wouldn't stop playing with it in class. "I wasn't playing...
Legionnaire's invade hotel in Florida, killing 1 and injuring two others
Animal rescue organization asks that if you see a seagull looking "sad" in 2010, don't make an emergency...
Pair of shadey characters robbing optometry stores last seen driving away in a 20/10 Cataract. Police...
The nominees for Time's Person of the Year 2009 are Steve Jobs, Ben Bernanke, The Chinese Worker,...