Cerberus Capital Management LP’s founder Stephen Feinberg and his partners may try to acquire gunmaker Freedom Group Inc. from the private-equity funds managed by his firm, according to two people familiar with the matter.
Cerberus Capital Management LP, the private-equity firm led by Stephen Feinberg, has raised $1.32 billion for a middle-market loan fund that will seek to take advantage of a pullback in lending, a marketing document shows.
Supervalu Inc. is moving toward a deal to sell retail chains such as Albertsons and Save-A-Lot to Cerberus Capital Management LP after talks on a full takeover of the grocer stalled, said people with knowledge of the matter.
Hawaii, buffeted in the aftermath of the U.S. recession and Japan’s tsunami, is benefiting from a travel rebound that’s sent tourism revenue to a record and spurred real estate investments across the islands.
Cerberus Capital Management LP, the private-equity firm led by Stephen Feinberg, is seeking $1 billion to $1.2 billion for its next distressed real estate fund, according to two people with knowledge of the matter.
Bawag PSK Bank, the Austrian lender controlled by Cerberus Capital Management LP, is in talks to bring in new investors besides Cerberus to raise “a significant amount” of additional capital, the bank said.
Cerberus Capital Management LP, the New York-based private-equity firm, and hotelier Innkeepers USA Trust may announce a settlement of their $1.12 billion lawsuit as early as today, said a person familiar with the discussions who declined to be identified because the talks are private.
Cerberus Capital Management LP, whose investment in Chrysler LLC’s car business evaporated in bankruptcy, may post a profit on its $106 million initial public offering of auto-parts maker Tower International Inc.