Friday, 4 September 2015
Last updated 5 hours ago
Feb 13 2007 | 9:07am ET
Cerberus Capital Management is opening an office in Hong Kong as part of a strategy to become active in China, the firm’s chairman said.
John Snow, the former U.S. Treasury secretary, told The Wall Street Journal that the $22 billion New York-based fund is expanding its Asian focus, which currently is on Japan, where it owns a controlling stake in Aozora Bank. Snow, who is in China this week lobbying for better corporate governance, said Cerberus is considering a number of possible transactions, including helping Chinese companies acquire overseas firms.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…