Cerberus readies CMBS fund
By Lawrence Delevingne
Tue Mar 12, 2013
The $20+ billion firm builds on the success of its RMBS offering.
Cerberus Capital Management is preparing the launch of a new
hedge fund to focus on the commercial mortgage backed
The Cerberus CMBS Opportunities Fund is slated to begin
trading in the second quarter, according to marketing materials
sent to investors in January. It requires a $3 million minimum
investment and offers quarterly liquidity following a one-year
lockup; management and performance fees are 2% and 20%. The
prime brokers are...
ISSN: 2151-1845 / CDC10004H
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.