Cerberus Capital Management, L.P. (New York)


Cerberus Capital Management, L.P. is a large advisory firm based in New York. It manages $55.74 billion of regulatory assets for 127 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Delaware, Illinois, and New York.

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Cerberus Capital Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cerberus Capital Management: assets under management

The assets under management (AUM) of Cerberus Capital Management, L.P. is $55.74 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 135% since the beginning of its operation, and $28.94 billion of the total AUM is attributable to clients outside of the United States.


The firm manages $55.74 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $438.9 million each.
Cerberus Capital Management has custody of $53.81 billion in cash and securities for 126 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cerberus Capital Management, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Matthew Ethan Zames serves?

The only and largest group of clients of Matthew Ethan Zames is pooled investment vehicles with 126 clients and $55.23 billion of assets under management. Among the 8 most similar advisory firms, Cerberus Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $55.23 billion for 126 clients. 48% of the firm’s clients are foreign persons or businesses.

Cerberus Capital Management also advises several private funds. Namely, one hundred twenty one hedge funds and seven private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $800,000,000.

Careers at Cerberus Capital Management, L.P.

The company employs 735 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Matthew Ethan Zames has been acting as President since 1 Apr 2018. Alexander Khalilzad Benard joined the executive team most recently as the Senior Managing Director Of Sgi Frontier Capital Pte Ltd..

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Richter Investment Corp. Limited partner 1 Nov 1992 Other 13-3514730
Stephen Andrew Feinberg Senior managing director and chief executive officer 1 Nov 1992 Other 1078210
William Lee Richter Senior managing director 1 Nov 1992 Other 1085543
Seth Phillip Plattus Senior managing director, chief administrative officer and co-general counsel 1 Jan 1994 Other 2088201
Jeffrey Lawrence Lomasky Senior managing director and chief financial officer 1 Aug 1994 Other 2130349
Kevin Paul Genda Senior managing director 1 Aug 1995 Other 5730385
William Lee Richter Member and senior managing director of partridge hill management, llc (relying adviser) 1 May 1996 Other 1085543
Stephen Andrew Feinberg Member and chairman of partridge hill overseas management, llc (relying adviser) 1 Jul 1997 75% - 100% 1078210
William Lee Richter Member, president and senior managing director of partridge hill overseas management, llc (relying adviser) 1 Jul 1997 Other 1085543
J Ezra Merkin Member of blackacre capital management, llc (relying adviser) 1 Jul 1997 25% - 50% 1490683
Mark Alan Neporent Senior managing director, chief operating officer and general counsel 1 Mar 1998 Other 5730382
Stephen Andrew Feinberg Shareholder and director of cerberus japan k.k. (relying adviser) 1 Apr 1998 75% - 100% 1078210
James Danforth Quayle Senior managing director, chairman of cerberus global investments, llc 1 Jan 1999 Other 5730388
Jeffrey Bruce Citrin Member of blackacre capital management, llc (relying adviser) 1 Jan 2000 Other 2182152
Ronald Jeffrey Kravit Member and managing director of blackacre capital management, llc (relying adviser) 1 Jan 2000 Other 5907390
Stephen Andrew Feinberg Managing member of blackacre capital management ii, llc (relying adviser) 1 Apr 2000 50% - 75% 1078210
J Ezra Merkin Member of blackacre capital management ii, llc (relying adviser) 1 Apr 2000 50% - 75% 1490683
Richter Investment Corp Limited partner of cerberus capital management ii, l.p. (relying adviser) 1 Nov 2000 25% - 50% 13-3514730
Llc Craig Court Gp General partner of cerberus capital management ii, l.p. (relying adviser) 1 Feb 2001 75% - 100% 13-3709388
Llc Craig Court Gp General partner 1 Apr 2001 75% - 100% 13-3709388
Stephen Andrew Feinberg Managing member of cerberus institutional management ii, llc (relying adviser) 1 Oct 2001 75% - 100% 1078210
William Lee Richter Member of cerberus institutional management ii, llc (relying adviser) 1 Oct 2001 25% - 50% 1085543
Jeffrey Lawrence Lomasky Managing director of cerberus global investment advisors, llc (relying adviser) 1 Mar 2002 Other 2130349
Mark Alan Neporent Managing director of cerberus global investment advisors, llc (relying adviser) 1 Mar 2002 Other 5730382
David Jon Teitelbaum Managing director of cerberus global investment advisors, llc (relying adviser) 1 Mar 2002 Other 2404810
Louis Jacob Forster Managing director of cerberus global investment advisors, llc (relying advisor) 1 Mar 2002 Other 1736653
L.P. Cerberus Capital Management Ii Managing member of cerberus global investment advisors, llc (relying adviser) 1 Apr 2002 75% - 100% 13-4146255
Frank William Bruno President and managing director of cerberus global investment advisors, llc (relying adviser) 1 Apr 2002 Other 2788598
Stephen Andrew Feinberg Managing member of cerberus real estate capital management, llc (relying adviser) 1 Feb 2003 25% - 50% 1078210
Ronald Jeffrey Kravit Managing member of cerberus real estate capital management, llc (relying adviser) 1 Feb 2003 25% - 50% 5907390
Jeffrey Bruce Citrin Member of cerberus real estate capital management, llc (relying adviser) 1 Feb 2003 25% - 50% 2182152
L.P. Cerberus Capital Management Shareholder of cerberus deutschland beteiligungsberatung gmbh (relying adviser) 1 Feb 2003 75% - 100% 13-3709388
David Russell Knower Managing director of cerberus deutschland beteiligungsberatung gmbh (relying adviser) 1 Feb 2003 Other 1212137
Stephen Andrew Feinberg Managing member of cerberus california, llc (relying adviser) 1 Apr 2003 Other 1078210
Frank William Bruno Director of cerberus japan k.k. (relying adviser) 1 Jan 2004 Other 2788598
Mark Alan Neporent Director of cerberus japan k.k. (relying adviser) 1 Jan 2004 Other 5730382
Jeffrey Lawrence Lomasky Senior managing director of blackacre capital management ii, llc (relying adviser) 1 Jan 2004 Other 2130349
Seth Phillip Plattus Senior managing director of blackacre capital management ii, llc (relying adviser) 1 Jan 2004 Other 2088201
William Grant Gregory Vice chairman 1 Oct 2005 Other 5730387
Cerberus Uk Management Limited Managing member of cerberus european capital advisors, llp (relying advisers) 1 Apr 2006 50% - 75% foreign entity
Cerberus Jl Limited Member of cerberus european capital advisors, llp (relying adviser) 1 Apr 2006 Other foreign entity
Cerberus Mn Limited Member of cerberus european capital advisors, llp (relying adviser) 1 Apr 2006 Other foreign entity
Cerberus Sp Limited Member of cerberus european capital advisors, llp (relying adviser) 1 Apr 2006 Other foreign entity
Gerald Porter Strong Member of cerberus european capital advisors, llp (relying adviser) 1 Apr 2006 Other 6049825
Jonathan Bloomer Member of cerberus european captial advisors, llp (relying adviser) 1 Apr 2006 Other 6048903
L.P. Cerberus Capital Management Managing member of cerberus capital chicago llc (relying adviser) 1 Jun 2006 75% - 100% 13-3709388
Stephen Andrew Feinberg Managing director of cerberus capital chicago llc (relying adviser) 1 Jun 2006 Other 1078210
Jeffrey Lawrence Lomasky Managing director of cerberus capital chicago llc (relying adviser) 1 Jun 2006 Other 2130349
Mark Alan Neporent Managing director of cerberus capital chicago llc (relying adviser) 1 Jun 2006 75% - 100% 5730382
Seth Phillip Plattus Managing director of cerberus capital chicago llc (relying adviser) 1 Jun 2006 Other 2088201
L.P. Cerberus Capital Management Sole member of cerberus operations and advisory company, llc (relying adviser) 1 Oct 2006 75% - 100% 13-3709388
Jeffrey Lawrence Lomasky Manager and treasurer of cerberus operations and advisory company, llc (relying adviser) 1 Oct 2006 Other 2130349
Mark Alan Neporent Manager of cerberus operations and advisory company, llc (relying adviser) 1 Oct 2006 Other 5730382
Seth Phillip Plattus Manager of cerberus operations and advisory company, llc (relying adviser) 1 Oct 2006 Other 2088201
John William Snow Chairman and senior managing director 1 Jan 2007 Other 5730384
Stephen Andrew Feinberg Senior managing director of cerberus capital management ii, l.p. (relying adviser) 1 Jan 2007 Other 1078210
Jeffrey Lawrence Lomasky Senior managing director of cerberus capital management ii, l.p. (relying adviser) 1 Jan 2007 Other 2130349
Mark Alan Neporent Senior managing director of cerberus capital management ii, l.p. (relying adviser) 1 Jan 2007 Other 5730382
Seth Phillip Plattus Senior managing director of cerberus capital management ii, l.p. (relying adviser) 1 Jan 2007 Other 2088201
William Lee Richter Senior managing director of cerberus capital management ii, l.p. (relying adviser) 1 Jan 2007 Other 1085543
David Jon Teitelbaum Member of cerberus european capital advisors, llp (relying adviser) 1 Jan 2007 Other 2404810
Ronald Jeffrey Kravit Managing director of blackacre capital management ii, llc (relying adviser) 1 Jan 2007 Other 5907390
Andrew Irwin Kandel Senior managing director, chief compliance officer, co-general counsel 1 Mar 2007 Other 5730383
L.P. Cerberus Capital Management Shareholder of cerberus asia operations and advisory limited (relying adviser) 1 Mar 2007 75% - 100% 13-3709388
Jeffrey Lawrence Lomasky Director of cerberus asia operations and advisory limited (relying adviser) 1 Mar 2007 Other 2130349
Mark Alan Neporent Director of cerberus asia operations and advisory limited (relying adviser) 1 Mar 2007 Other 5730382
L.P. Cerberus Capital Management Ii Managing member of cerberus gloabl investments, llc (relying adviser) 1 May 2007 75% - 100% 13-4146255
L.P. Cerberus Capital Management Shareholder of cerberus asia pacific advisors limited (relying adviser) 1 May 2007 75% - 100% 13-3709388
Jeffrey Lawrence Lomasky Director of cerberus asia pacific advisors limited (relying adviser) 1 May 2007 Other 2130349
Mark Alan Neporent Director of cerberus asia pacific advisors limited (relying adviser) 1 May 2007 Other 5730382
Louis Jacob Forster Director of cerberus asia pacific advisors limited (relying adviser) 1 May 2007 Other 1736653
Jeffrey Lawrence Lomasky Member and senior managing director of cerberus california, llc (relying adviser) 1 Nov 2007 Other 2130349
Mark Alan Neporent Member and senior managing director of cerberus california, llc (relying adviser) 1 Nov 2007 Other 5730382
Seth Phillip Plattus Member and senior managing director of cerberus california, llc (relying adviser) 1 Nov 2007 Other 2088201
William Lee Richter Member of cerberus california, llc (relying adviser) 1 Nov 2007 Other 1085543
Cerberus Asia Pacific Advisors Limited Shareholder of cerberus beijing advisors limited (relying adviser) 1 Jan 2008 75% - 100% 98-0565951
Jeffrey Lawrence Lomasky Director of cerberus beijing advisors limited (relying adviser) 1 Jan 2008 Other 2130349
Mark Alan Neporent Director of cerberus beijing advisors limited (relying adviser) 1 Jan 2008 Other 5730382
Louis Jacob Forster Chairman and director of cerberus beijing advisors limited (relying adviser) 1 Jan 2008 Other 1736653
L.P. Cerberus Capital Management Shareholder of cerberus middle east capital advisors limited (relying adviser) 1 Aug 2008 75% - 100% 13-3709388
Stephen Andrew Feinberg Managing member of cerberus institutional international management company, llc (relying adviser) 1 Sep 2008 75% - 100% 1078210
William Lee Richter Member of cerberus institutional international management company, llc (relying adviser) 1 Sep 2008 25% - 50% 1085543
Jeffrey Lawrence Lomasky Senior managing director of cerberus institutional international management company, llc (relying adviser) 1 Sep 2008 Other 2130349
Mark Alan Neporent Senior managing director of cerberus institutional international management company, llc 1 Sep 2008 Other 5730382
Seth Phillip Plattus Senior managing director of cerberus institutional international management company, llc (relying adviser) 1 Sep 2008 Other 2088201
Stephen Andrew Feinberg Managing member of cg investment manager, llc (relying adviser) 1 Oct 2008 75% - 100% 1078210
Jeffrey Lawrence Lomasky Senior managing director of cg investment manager, llc (relying adviser) 1 Oct 2008 Other 2130349
Mark Alan Neporent Senior managing director of cg investment manager, llc (relying adviser) 1 Oct 2008 Other 5730382
Seth Phillip Plattus Senior managing director of cg investment manager, llc (relying adviser) 1 Oct 2008 Other 2088201
Brian Wayne Saunders Chief operating officer and managing director of cerberus japan k.k. (relying adviser) 1 Dec 2009 Other 3133042
Yoshtieru Suzuki Director of cerberus japan k.k. (relying adviser) 1 Dec 2009 Other 6048727
L.P. Cerberus Capital Management Shareholder of cerberus iberia advisors, s.l. (relying adviser) 1 Dec 2010 75% - 100% 13-3709388
Jeffrey Lawrence Lomasky Director of cerberus iberia advisors, s.l. (relying adviser) 1 Dec 2010 Other 2130349
Mark Alan Neporent Director of cerberus iberia advisors, s.l. (relying adviser) 1 Dec 2010 Other 5730382
Lee Scott Millstein Director and president of cerberus iberia advisors, s.l. (relying adviser) 1 Dec 2010 Other 2276799
Seth Phillip Plattus Director and secretary of cerberus iberia advisors, s.l. (relying adviser) 1 Dec 2010 Other 2088201
Lenard Billy Tessler Senior managing director 1 Jan 2011 Other 1251363
Frank William Bruno Senior managing director 1 Jan 2011 Other 2788598
Robert Davenport Senior managing director 1 Jan 2011 Other 1869934
William Brett Ingersoll Senior managing director 1 Jan 2011 Other 5907388
Ronald Jeffrey Kravit Senior managing director 1 Jan 2011 Other 5907390
Steven F Mayer Senior managing director 1 Jan 2011 Other 2847551
Lee Scott Millstein Senior managing director 1 Jan 2011 Other 2276799
Daniel Elias Wolf Senior managing director 1 Jan 2011 Other 5907404
Eric Fred Miller Senior managing director 1 Jan 2011 Other 5907793
L.P. Cerberus Executive Management Limited partner 1 Jan 2011 50% - 75% 45-1266882
Louis Jacob Forster Senior managing director 1 Jan 2011 Other 1736653
Christopher William Smith Senior executive officer and director of cerberus middle east advisors limited (relying adviser) 1 Mar 2011 Other 6049840
Jeffrey Lawrence Lomasky Director of cerberus middle east capital advisors limited (relying adviser) 1 Mar 2011 Other 2130349
Seth Phillip Plattus Director of cerberus middle east capital advisors limited (relying adviser) 1 Mar 2011 Other 2088201
Greg David Gordon Managing director of partridge hill overseas management, llc (relying adviser) 1 Jul 2011 Other 6027375
Kevin Paul Genda Senior managing director of partridge hill overseas management, llc (relying adviser) 1 Jul 2011 Other 5730385
Daniel Elias Wolf Senior managing member of partridge hill overseas management, llc (relying adviser) 1 Jul 2011 Other 5907404
Allen Ukritinum Member of cerberus european capital advisors, llp (relying adviser) 1 Nov 2011 Other 6048901
Tan Gim Hong Director of sgi frontier capital pte ltd. 1 Jul 2013 Other 7042146
L.P. Cerberus Capital Management Managing member of portfolio consulting and advisory company, llc (relying adviser) 1 Feb 2014 75% - 100% 133709388
Llc Cerberus Operations And Advisory Company Shareholder of cerberus operations and advisory company uk limited (relying adviser) 1 Feb 2014 75% - 100% 205804477
David M Abrams Member of cerberus european capital advisors, llp (relying adviser) 1 Jan 2016 Other 1688125
Alexander David Benjamin Senior managing director, general counsel 1 Jan 2018 Other 6933199
Stephen Andrew Feinberg Senior managing director, co-founder and co-chief executive officer 1 Apr 2018 Other 1078210
Frank William Bruno Senior managing director and co-chief executive officer 1 Apr 2018 Other 2788598
Matthew Ethan Zames President 1 Apr 2018 Other 2366646
Alexander Khalilzad Benard Senior managing director of sgi frontier capital pte ltd. 1 Oct 2018 Other 7042142
Gabriel David Gottlieb Schulze Senior managing director of sgi frontier capital pte ltd. 1 Oct 2018 Other 7042144

Indirect Owners

The SEC currently registers 13 indirect owners.

Name Entity Date acquired Ownership Employer ID
William Lee Richter President and director 1 Mar 1989 25% - 50% 1085543
Stephen Andrew Feinberg Sole shareholder, director and president 1 Apr 1996 75% - 100% 1078210
Inc. Craig Court Sole member 1 Mar 2001 75% - 100% 13-3884535
Stephen Andrew Feinberg Director 1 Apr 2006 Other 1078210
Jeffrey Lawrence Lomasky Director 1 Apr 2006 Other 2130349
Seth Phillip Plattus Secretary 1 Apr 2006 Other 2088201
L.P. Cerberus Capital Management Shareholder 1 Apr 2006 75% - 100% 13-3709388
William L. Richter 2009 Perpetuities Trust Shareholder 1 May 2009 50% - 75% 35-6809395
Llc Cerberus Executive Management Gp General partner 1 Jan 2011 25% - 50% 45-1266383
William L. Richter Perpetuities Trust 2 Shareholder 1 Aug 2014 50% - 75% 47-6494930
Harold Jerome Greenberg Trustee 1 Aug 2014 Other 6530886
Harry Charles Steinmetz Trustee 1 Aug 2014 Other 6530890
Ari Joseph Richter Trustee 1 Aug 2014 Other 6530896

Based in New York

The principal office where Cerberus Capital Management, L.P. performs its advisory services is located at 875 Third Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-891-2100 or by fax 646-885-3451. The normal business hours are 9:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at cerberuscapital.com.