Sunday, 1 February 2015
Last updated 1 day ago
Feb 3 2011 | 1:23pm ET
As it prepares to begin marketing its next private equity fund, Cerberus Capital Management is offering a glimpse of where some of the money raised will be going.
The New York-based firm has hired David Glenn to handle financial services investments, Bloomberg News reports. Glenn joins from p.e. shop Lightyear Capital and formerly covered financial services as a vice president at investment bank Greenhill & Co.
Cerberus is set to begin fundraising for its next fund within a few months. It's last p.e. fund raised $6.5 billion.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…