{"url":"https://nivawealth.com/firms/cerberus-capital-management-152175","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/152175","regulatoryAum":92499746649,"crd":"152175","secFileNumber":"801-70989","legalName":"Cerberus Capital Management, L.P.","displayName":"Cerberus Capital Management","website":"http://www.cerberus.com","linkedinUrl":"https://www.linkedin.com/company/cerberus-ventures","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"875 Third Avenue","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10022"},"tradeNames":[],"registration":{"secApproved":"21 January 2010","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":936,"advisory":216,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":92499746649,"discretionaryAccounts":257,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":54,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":249,"regulatoryAum":85643544147},{"label":"Other","clients":8,"regulatoryAum":6856202502}],"fees":[],"feeNotes":[],"custodians":[{"name":"Bank of New York Mellon Trust Company, N.A.","shortName":"Bank of New York Mellon Trust Company, N.A.","location":"Los Angeles, CA","smaAssets":1012691587},{"name":"US Bank National Association","shortName":"US Bank National Association","location":"Minneapolis, MN","smaAssets":834053021}],"custodyNote":"Cerberus Capital Management has custody of $87.13B for 250 clients.","otherCustodians":[],"leadership":[{"name":"Frank Bruno","title":"Chief Executive Officer and Chief Investment Officer","crd":"2788598"},{"name":"Andrew Leitten","title":"Chief Financial Officer","crd":"8109041"},{"name":"Alexander Benjamin","title":"Chief Operating Officer and Chief Legal Officer","crd":"6933199"},{"name":"Andrew Kandel","title":"Co-Chief Compliance Officer","crd":"5730383"},{"name":"Israel Friedman","title":"Global General Counsel","crd":"6022740"},{"name":"Isabelle Gold","title":"Senior Managing Director","crd":"6646215"}],"ownership":[{"label":"Craig Court GP, LLC","detail":"General partner in the 75% or more ownership band and a control person, since April 2001."},{"label":"Stephen A. Feinberg 2025 Equity Trust","detail":"Limited partner in the 25% to 50% ownership band and a control person, since March 2025. Also a sole shareholder of Craig Court, Inc. in the 75% or more band and a control person, since March 2025."},{"label":"Craig Court, Inc.","detail":"Indirect owner: a sole member of Craig Court GP, LLC in the 75% or more band and a control person, since March 2001.","parent":"Craig Court GP, LLC"},{"label":"Alan Waldenberg","detail":"Indirect owner: trustee of Stephen A. Feinberg 2025 Equity Trust and a control person, since March 2025.","parent":"Stephen A. Feinberg 2025 Equity Trust"},{"label":"Michael Hisler","detail":"Indirect owner: trustee of Stephen A. Feinberg 2025 Equity Trust and a control person, since March 2025.","parent":"Stephen A. Feinberg 2025 Equity Trust"},{"label":"Frank Bruno","detail":"Indirect owner: non member manager of Craig Court GP, LLC and a control person, since March 2025.","parent":"Craig Court GP, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":10,"privateResidences":0},"listedOfficeAddresses":9,"officesByState":[{"state":"California","offices":3,"addresses":[{"street":"11812 San Vicente Boulevard","city":"Los Angeles"},{"street":"330 Primrose Road","city":"Burlingame"},{"street":"580 California Street","city":"San Francisco"}]},{"state":"Florida","offices":1,"addresses":[{"street":"2850 Tigertail Ave","city":"Miami"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"10 South Riverside Plaza","city":"Chicago"}]},{"state":"Maine","offices":1,"addresses":[{"street":"300 Fore Street","city":"Portland"}]},{"state":"New York","offices":1,"addresses":[{"street":"875 Third Avenue","city":"New York","headquarters":true}]},{"state":"Texas","offices":1,"addresses":[{"street":"9800 Hillwood Parkway","city":"Fort Worth"}]},{"state":"Virginia","offices":1,"addresses":[{"street":"2300 Clarendon BLVD","city":"Arlington"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-891-2100","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Non-exchange-traded equity securities","percent":12},{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":87,"detail":"Uncalled Capital, Loan and Interest Receivables, Loans, Receivable for Unsettled Trades, Receivable From Affiliates and Other Miscellaneous Receivables."}],"privateFunds":178},"sources":{"adv1FilingDate":"26 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/152175/PDF/152175.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Cerberus Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Cerberus Capital Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Cerberus Capital Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Cerberus Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Cerberus Capital Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Cerberus Capital Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Cerberus Capital Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/cerberus-capital-management-152175/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1525907/000149315226038310/0001493152-26-038310-index.html","totalValue":2095686798,"positionCount":12,"top10Share":0.9994541646198795,"top10":[{"issuer":"ALBERTSONS COMPANIES INC","titleOfClass":"COMMON STOCK","cusip":"013091103","value":2054106740,"shares":151818680,"shareType":"SH","priorValue":2586990307,"priorShares":151818680},{"issuer":"COMSCORE INC","titleOfClass":"COM NEW","cusip":"20564W204","value":25066015,"shares":3396479,"shareType":"SH","priorValue":23571564,"priorShares":3396479},{"issuer":"OPTIMUM COMMUNICATIONS INC","titleOfClass":"CL A","cusip":"02156K103","value":4844138,"shares":3340785,"shareType":"SH","priorValue":5123021,"priorShares":3940785},{"issuer":"BLUE OWL CAPITAL CORPORATION","titleOfClass":"COM","cusip":"69121K104","value":2282700,"shares":210000,"shareType":"SH","priorValue":2322600,"priorShares":210000},{"issuer":"CRESCENT CAP BDC INC","titleOfClass":"COM","cusip":"225655109","value":1747200,"shares":160000,"shareType":"SH","priorValue":1944000,"priorShares":160000},{"issuer":"OAKTREE SPECIALTY LENDING","titleOfClass":"COM","cusip":"67401P405","value":1611900,"shares":135000,"shareType":"SH","priorValue":1525500,"priorShares":135000},{"issuer":"FS KKR CAP CORP","titleOfClass":"COM","cusip":"302635206","value":1417500,"shares":135000,"shareType":"SH","priorValue":1374300,"priorShares":135000},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":1362855,"shares":1825,"shareType":"SH","putCall":"Put","priorValue":15494351,"priorShares":23825},{"issuer":"BAIN CAP SPECIALTY FIN INC","titleOfClass":"COM STK","cusip":"05684B107","value":1064200,"shares":85000,"shareType":"SH","priorValue":1054000,"priorShares":85000},{"issuer":"NEW MTN FIN CORP","titleOfClass":"COM","cusip":"647551100","value":1039650,"shares":145000,"shareType":"SH","priorValue":1125200,"priorShares":145000}],"positionsListed":12,"positions":[{"issuer":"ALBERTSONS COMPANIES INC","titleOfClass":"COMMON STOCK","cusip":"013091103","value":2054106740,"shares":151818680,"shareType":"SH","priorValue":2586990307,"priorShares":151818680},{"issuer":"COMSCORE INC","titleOfClass":"COM NEW","cusip":"20564W204","value":25066015,"shares":3396479,"shareType":"SH","priorValue":23571564,"priorShares":3396479},{"issuer":"OPTIMUM COMMUNICATIONS INC","titleOfClass":"CL A","cusip":"02156K103","value":4844138,"shares":3340785,"shareType":"SH","priorValue":5123021,"priorShares":3940785},{"issuer":"BLUE OWL CAPITAL CORPORATION","titleOfClass":"COM","cusip":"69121K104","value":2282700,"shares":210000,"shareType":"SH","priorValue":2322600,"priorShares":210000},{"issuer":"CRESCENT CAP BDC INC","titleOfClass":"COM","cusip":"225655109","value":1747200,"shares":160000,"shareType":"SH","priorValue":1944000,"priorShares":160000},{"issuer":"OAKTREE SPECIALTY LENDING","titleOfClass":"COM","cusip":"67401P405","value":1611900,"shares":135000,"shareType":"SH","priorValue":1525500,"priorShares":135000},{"issuer":"FS KKR CAP CORP","titleOfClass":"COM","cusip":"302635206","value":1417500,"shares":135000,"shareType":"SH","priorValue":1374300,"priorShares":135000},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":1362855,"shares":1825,"shareType":"SH","putCall":"Put","priorValue":15494351,"priorShares":23825},{"issuer":"BAIN CAP SPECIALTY FIN INC","titleOfClass":"COM STK","cusip":"05684B107","value":1064200,"shares":85000,"shareType":"SH","priorValue":1054000,"priorShares":85000},{"issuer":"NEW MTN FIN CORP","titleOfClass":"COM","cusip":"647551100","value":1039650,"shares":145000,"shareType":"SH","priorValue":1125200,"priorShares":145000},{"issuer":"BLUE OWL TECHNOLOGY FIN CORP","titleOfClass":"COMMON STOCK","cusip":"095924106","value":828000,"shares":80000,"shareType":"SH","priorValue":991200,"priorShares":80000},{"issuer":"CARLYLE SECURED LENDING INC","titleOfClass":"COM","cusip":"872280102","value":315900,"shares":30000,"shareType":"SH","priorValue":328200,"priorShares":30000}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}