Cerberus Capital Management, a US-based private equity firm, has named David Abrams as the new senior managing director of Cerberus UK Advisors in its London office.
In his new role, Abrams will play a key role in expanding the firm’s credit platform. He will also concentrate on pursuing unique and compelling distressed opportunities in the emerging markets, Europe and other sectors of interest.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Prior to joining Cerberus, Abrams was working with Apollo Management, where he set up and was the managing partner of the Apollo European Principal Finance Funds franchise.
Cerberus co-founder and CEO Steve Feinberg said: "We are very fortunate to welcome David to our Cerberus team.
"David has an excellent investment track record and his success in developing new businesses and in raising capital will greatly strengthen our ability to connect with our investors and present them with attractive opportunities."
Prior to Apollo Management, he worked as a managing director in the Leveraged Finance Group of Credit Suisse, based in London and New York.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataFrom 2004 to 2007, Abrams established and headed the specialty finance investment business which included investing in non-performing loan portfolios and distressed assets.
