Clients
Cerberus Capital Management serves 257 clients, 249 of them pooled investment vehicles. The average client has about $360 million with the firm.
- Pooled investment vehicles249 clients93%
- Other8 clients7%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 249 | $85,643,544,147 | 92.6% | $343.9M |
| Other | 8 | $6,856,202,502 | 7.4% | $857.0M |
| Total | 257 | $92,499,746,649 | 100% | $359.9M |
- Clients
- 249
- Regulatory AUM
- $85,643,544,147
- Share
- 92.6%
- Avg. per client
- $343.9M
- Clients
- 8
- Regulatory AUM
- $6,856,202,502
- Share
- 7.4%
- Avg. per client
- $857.0M
Total
- Clients
- 257
- Regulatory AUM
- $92,499,746,649
- Share
- 100%
- Avg. per client
- $359.9M
What it does
Cerberus Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Cerberus Capital Management advises 178 private funds.
100.0% of assets ($92.50B across 257 accounts) are managed with discretion. 54% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks12%
- Cash1%
- Other87%
- Uncalled capital, loan and interest receivables, loans, receivable for unsettled trades, receivable from affiliates and other miscellaneous receivables.87%
Custodians
Cerberus Capital Management’s client accounts are held mainly at Bank of New York Mellon Trust Company, N.A., with 1% of managed assets, and US Bank National Association, with 1%. Cerberus Capital Management has custody of $87.13B for 250 clients.
- Bank of New York Mellon Trust Company, N.A.Bank of New York Mellon Trust Company, N.A. · Los Angeles, CA · $1.01B1%
- US Bank National AssociationUS Bank National Association · Minneapolis, MN · $834.1M1%
- All other custodians$90.65B98%
Ownership and leadership
Craig Court GP, LLC owns 75% or more of Cerberus Capital Management, and Frank Bruno is its CEO.
- Owns 75% or more of Cerberus Capital Management, L.P.
Craig Court GP, LLC
Control person · since April 2001
- Owns 75% or more of Craig Court GP, LLC
Craig Court, Inc.
Control person · since March 2001
Frank Bruno
Non member manager · Control person · since March 2025
- Owns 25% to 50% of Cerberus Capital Management, L.P.
Stephen A. Feinberg 2025 Equity Trust
Control person · since March 2025
Alan Waldenberg
Trustee · Control person · since March 2025
Michael Hisler
Trustee · Control person · since March 2025
Leadership
- Frank BrunoChief Executive Officer and Chief Investment Officer
- Andrew LeittenChief Financial Officer
- Alexander BenjaminChief Operating Officer and Chief Legal Officer
- Andrew KandelCo-Chief Compliance Officer
- Israel FriedmanGlobal General Counsel
- Isabelle GoldSenior Managing Director
Staff
- 936 employees
- 216 in advisory functions
- 3 state-registered reps
Reported holdings
Cerberus Capital Management’s reported 13F holdings total $2.10B across 12 positions, and the ten largest make up 99.9% of it.
- $2.10B
- Reported 13F value
- 12
- Positions
- 99.9%
- In the 10 largest
- −20.9%
- Value vs. prior quarter
- Albertsons Companies Inc.98.0%
- Comscore Inc.1.2%
- Optimum Communications Inc. · CL A0.2%
- Blue Owl Capital Corporation0.1%
- Crescent Cap Bdc Inc.0.1%
- Oaktree Specialty Lending0.1%
- FS KKR Cap Corp.0.1%
- State Str SPDR S&P 500 ETF T · TR UnitPut0.1%
- Bain Cap Specialty Fin Inc. · Com Stk0.1%
- New Mtn Fin Corp.0.0%
Together, the ten largest are 99.9% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $2.10B is not its $92.50B in regulatory assets and does not represent any individual client's portfolio.
Fees
Cerberus Capital Management is paid through a percentage of assets under management and performance-based fees.
Cerberus Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Cerberus Capital Management has 10 offices, with 9 listed addresses across 7 states.
California · 3 listed addresses
- 11812 San Vicente Boulevard, Los Angeles
- 330 Primrose Road, Burlingame
- 580 California Street, San Francisco
Florida · 1 listed address
- 2850 Tigertail Ave, Miami
Illinois · 1 listed address
- 10 South Riverside Plaza, Chicago
Maine · 1 listed address
- 300 Fore Street, Portland
New York · 1 listed address
- 875 Third Avenue, New YorkHQ
Texas · 1 listed address
- 9800 Hillwood Parkway, Fort Worth
Virginia · 1 listed address
- 2300 Clarendon BLVD, Arlington
Registration details
- Legal name
- Cerberus Capital Management, L.P.
- Headquarters
- 875 Third Avenue, New York, NY 10022
- Phone
- 212-891-2100
- Website
- www.cerberus.com
- SEC file
- 801-70989
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Cerberus Capital Management have?
Cerberus Capital Management has 257 clients and manages $92.5 billion for them, as of August 2026. They include 249 pooled investment vehicles and 8 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 August 2026
What services does Cerberus Capital Management offer?
Cerberus Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Cerberus Capital Management use?
Cerberus Capital Management’s separately managed account assets are held at Bank of New York Mellon Trust Company, N.A. (Los Angeles, CA), with $1,012,691,587 and US Bank National Association (Minneapolis, MN), with $834,053,021. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 August 2026
How many financial advisors does Cerberus Capital Management have?
Cerberus Capital Management has 3 investment adviser representatives registered with state securities authorities, out of 936 employees, and 216 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Cerberus Capital Management invest in?
At the end of its last fiscal year, Cerberus Capital Management’s separately managed accounts held 87% uncalled capital, loan and interest receivables, loans, receivable for unsettled trades, receivable from affiliates and other miscellaneous receivables., 12% non-exchange-traded equities and 1% cash and equivalents. It advises 178 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cerberus Capital Management?
Cerberus Capital Management is owned through a trust and a holding company by Craig Court, Inc. Its direct owners are Craig Court GP, LLC (75% or more) and Stephen A. Feinberg 2025 Equity Trust (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 26 August 2026
How does Cerberus Capital Management get paid?
Cerberus Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file