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Cerberus Capital Rakes In $4B For Latest PE Fund

By Benjamin Horney ( April 7, 2017, 11:30 AM EDT) -- New York private equity outfit Cerberus Capital Management LP has clinched its latest fund after securing $4 billion in capital commitments, with plans to invest in PE assets, as well as in nonperforming loans, corporate credit and distressed debt, and mortgage securities and assets....

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