Cerberus Capital Management is a private investment firm established in 1992. The firm focuses on four primary strategies: operational private equity, both control and non-control; distressed securities and assets; commercial mid-market lending; and real estate-related investments. It's lending activities include acquisition financing, recapitalization, working capital financing, bridge loans, and debtor-in-possession financing. The firm's lending affiliates provide acquisition financing, recapitalizations, working capital financing, bridge loans, and Debtor-in-Possession Financing. Cerberus is headquartered in New York with affiliate and advisory offices in the United States, Europe, and Asia.