Cerberus raises $5.1bn for NPL strategy

By Frances Ivens2019-04-23T16:02:00

Source: Free Images

Cerberus Capital Management has raised $5.1bn (£3.9bn) for its global non-preforming loan strategy.

The US distressed investment specialist raised $4.1bn for its first dedicated Global NPL Fund from new and existing investors, well ahead of its $3.5bn target.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue