Cerberus Capital Management Overview
Cerberus Capital Management is a global alternative investment firm with assets across private equity, complementary credit, and real estate platforms:
- Middle-Market Direct Lending
- Corporate Credit
- Operational Private Equity
- Real Estate
- Non-Performing Loans
- Residential Opportunities
- Commercial Mortgage-Backed Securities
- Cerberus Frontier
- Supply Chain and Strategic Opportunities
The firm is headquartered in New York City, and is run by Steve Feinberg who co-founded Cerberus Capital Management in 1992 with William L. Richter, who serves as the Senior Managing Director.
The firm has affiliate and advisory offices in Europe, United States, and Asia. Cerberus is also a US Securities and Exchange Commission Registered Investment Adviser.
Their investors include sovereign wealth funds, family savings, insurance companies, university endowments, charitable foundations, retirement funds, and government and private sector pension.
Cerberus Capital Management AUM
According to most recent regulatory filings, Cerberus Capital Management has $82.4 BB in assets under management as of March 31, 2023.
Cerberus Capital Management Interview Process & Questions
Firms can make changes in their interview process for each candidate. However, there are some parts of the process that remains consistent if you interview at Cerberus Capital Management (or a firm like it) such as the following:
- 4 to 6 rounds of interviews
- Junior investment professionals or the HR team supervise the initial rounds, while the more senior staff handle the later rounds
- The entire process usually takes several weeks – unless it is “on-campus” or “on-cycle” recruiting
Interviews at Cerberus Capital Management typically consist of behavioral questions, fit questions, and technical / investing questions.
If you need resources to better prepare for your interview, check out my Growth Equity Interview Guide.
Why Cerberus Capital Management
“Why this firm” is the most common and crucial question you’ll encounter during interviews.
If you’ve met people who work at the firm during your networking efforts, this is the perfect opportunity to mention whoever you’ve connected with and share how they’ve positively influenced your decision to join the firm.
Another good practice before showing up at interviews is doing some research about the firm. One way to do this is to listen to interviews with its founders, investors, and employees.
For starters, here’s an excellent interview with Adam Howse, Former Director at Cerberus Capital Management:
Cerberus Capital Management Case Study
Case studies are almost always part of the interview process. That’s because firms use case studies to evaluate their candidates’ communication skills and technical knowledge.
Most case studies at firms like Cerberus Capital Management center around financial modeling and investment recommendations. But for junior roles, a cold calling case study may be required as well.
For a comprehensive discussion of case studies, check out my Growth Equity Interview Guide.
Cerberus Capital Management Salary & Compensation
According to Glassdoor’s data, if you work at Cerberus Capital Management as an Analyst, you can earn an estimated total pay of $117,711 per year. If you’re an associate, your total pay is approximately $151,621 per year. However, these figures can still vary depending on the candidate’s level of experience, education, and skill set.
From other public sources, recent analysts and associates have earned salaries of $140,000 and $100,000 per year, respectively.
Cerberus Capital Management Careers, Jobs, & Internships
To view vacancies at Cerberus Capital Management, head over to our job board where we also feature open roles at similar firms.
Cerberus Capital Management Portfolio & Investments
According to Crunchbase, Cerberus Capital Management has made 18 investments and manages 10 funds. Some of their notable deals include Housell, UEMedical, and Avicena Tech.
Notable Transaction: Federated Wireless
Federated Wireless is a company focused on automating and simplifying how wireless networks are managed, provisioned, deployed, and purchased.
They aim to make it easier for organizations to customize their network based on business requirements , and speed time to market with advancements in VR/AR, IoT, and other digital technologies.
The company’s noteworthy customers include Carnegie Mellon University, the US Department of Defense, Verizon, Comcast, Charter, and others.
In February 2022, Federated Wireless raised $58 million in Series D funding led by an affiliate of Cerberus Capital Management, along with existing investors GIC and Allied Minds.
The funding will help Federated Wireless scale their platform and support other growth initiatives.
If you’re looking to land a role at Cerberus Capital Management, I highly suggest you first check out my Growth Equity Interview Guide.
This self-paced online course will help you get a good grasp of growth equity concepts which you’ll encounter during your interviews. Countless professionals had successfully made the jump into growth equity investing with the help of Growth Equity Interview Guide.
Get the course and secure your dream finance role!