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Cerberus raises $5.1bn for NPL strategy

By 2019-04-23T16:02:00

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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.

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