Home / Centerstage / 2017 / december / Week 3 /
Neuberger Berman, an investment manager, acquires a minority stake in Cerberus Capital Management's credit business, valuing Cerberus Business Finance at around $2 billion. This strategic move demonstrates Neuberger Berman's confidence in Cerberus, a firm known for its lending activities with midsize companies.
Friday, 22 December, 2017