Private fund adviser · New York, NY
Cerberus Capital Management, L.P.
SEC-registered investment adviser · CRD 152175 · SEC 801-70989
At a glance
Cerberus Capital Management, L.P. is an SEC-registered investment adviser based in New York, New York, with $92.5 billion in regulatory assets under management as of its Form ADV filed August 26, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 91st of 4,686 private fund advisers and 279th of 17,210 SEC-registered advisers by assets.
Main office 212-891-2100cerberus.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $92B
- Rank among private fund advisers
- #91 of 4,686
- Rank among all SEC RIAs
- #279 of 17,210
- Rank in New York
- #66 of 2,591
- Clients
- 257
- Accounts
- 257
- Discretionary
- 100% of AUM
- Employees
- 936
- Advisory staff
- 216
- Offices
- 11
Owners and executives on its Form ADV
- Andrew I. KandelCo-Chief Compliance Officer
- Frank W. BrunoChief Executive Officer and Chief Investment Officer
- Alexander D. BenjaminChief Operating Officer and Chief Legal Officer
- Israel FriedmanGlobal General Counsel
- Andrew H. LeittenChief Financial Officer
- Isabelle R. GoldSenior Managing Director
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 249 | $86B | 93% |
| Other | 8 | $6.9B | 7% |
Private funds
Cerberus Capital Management, L.P. reports 178 private funds with $98B in gross assets: hedge funds, private equity funds, securitized asset funds (Form ADV Item 7.B).
Disciplinary disclosures
Cerberus Capital Management, L.P. answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗cerberus.com ↗
AtlasMembers
The full record on Cerberus Capital Management, L.P.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 236 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Cerberus Capital Management, L.P. manage?
Cerberus Capital Management, L.P. reports $92.5 billion in regulatory assets under management across 257 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 26, 2026.
What kind of firm is Cerberus Capital Management, L.P.?
Cerberus Capital Management, L.P. is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are Cerberus Capital Management, L.P.’s clients?
By assets, its largest client types are pooled investment vehicles ($85.6 billion, 249 clients); other ($6.9 billion, 8 clients).
Does Cerberus Capital Management, L.P. manage private funds?
Yes. It reports 178 private funds with $97.7 billion in gross assets, including hedge funds, private equity funds, securitized asset funds.
Does Cerberus Capital Management, L.P. have any disciplinary history?
Cerberus Capital Management, L.P. answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Cerberus Capital Management, L.P.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-26), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →