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.
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.
Blackstone Group LP’s debut sale of bonds backed by rental homes is paving the way for Cerberus Capital Management LP and Colony Capital LLC as Wall Street creates a new market to expand funding for the industry.
Leucadia National Corp. , an investor in mortgages, mining and vineyards, has teamed with Centerbridge Capital Partners LLC to bid for Citigroup Inc. ’s consumer- lending unit, two people familiar with the matter 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.
Ally Financial Inc. , the auto lender that almost went bankrupt in 2008, has at least one thing in common with Facebook Inc. and Twitter Inc.: Its shares are surging in private trades ahead of a possible public offering.