Cerberus raises $5.1bn for NPL strategy

Finance money picture

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 is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now