Cerberus Closes SubCom $2.3B Single-Asset Continuation Vehicle

Cerberus has closed a single-asset continuation vehicle for SubCom which secured about $2.3b in commitments and was led by CVC Secondary Partners, according to a statement.

• Cerberus-managed funds made an additional investment in SubCom and will continue to own a controlling stake in SubCom

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Olivia Tam

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