Cerberus
Coverage of Cerberus in the Nexus archive.
- Pentagon’s Wall Street push draws Democrats’ ire
The Pentagon's new Economic Defense Unit, aimed at securing $200 billion in private equity deals for defense companies, faces criticism from Democratic lawmakers over national security and taxpayer risks. Senators Elizabeth Warren, Richard Blumenthal, and Rep. Ro Khanna demanded documentation of communications, deal records, and conflict-of-interest policies, citing concerns about foreign investor exposure and financial instability for defense contractors.
- Shapoorji In Talks With Cerberus, Farallon for $1.5 Billion Bond
Shapoorji Pallonji Group is in negotiations with Cerberus and Farallon to secure a $3.4 billion private credit deal, which would be India's largest ever. The financing is aimed at supporting the company's real estate projects, including the Odyssey residential project in Mumbai currently under construction.