Cerberus Sub Advisory I, LLC (New York)

Name: Cerberus Sub Advisory I, LLC
Address: 875 Third Avenue, New York, NY, 10022
Telephone: 212-891-2100

Cerberus Sub Advisory I, LLC is an investment adviser to an investment company based in New York. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

Cerberus Sub Advisory I provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cerberus Sub Advisory I, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cerberus Sub Advisory I serves?

The only and largest group of clients of Cerberus Sub Advisory I is investment companies with 1 clients and $0 of assets under management. Among the 6 most similar advisory firms, Cerberus Sub Advisory I has the highest percentage of investment companies out of all clients.

None of the firm’s clients are foreign persons or businesses.

Cerberus Sub Advisory I doesn't advise any private funds.

Careers at Cerberus Sub Advisory I, LLC

The company employs 735 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Cerberus Capital Management	Sole member	1 May 2013	75% - 100%	152175
Andrew Irwin Kandel	Senior managing director, chief compliance officer, co-general counsel	1 May 2013	Other	5730383
Stephen Andrew Feinberg	Senior managing director and chief executive officer	1 May 2013	Other	1078210
William Lee Richter	Senior managing director	1 May 2013	Other	1085543
Jeffrey Lawrence Lomasky	Senior managing director and chief financial officer	1 May 2013	Other	2130349
Seth Phillip Plattus	Senior managing director, chief administrative officer and co-general counsel	1 May 2013	Other	2088201
John William Snow	Chairman and senior managing director	1 May 2013	Other	5730384
Kevin Paul Genda	Senior managing director	1 May 2013	Other	5730385
James Danforth Quayle	Senior managing director, chairman of cerberus global investments, llc	1 May 2013	Other	5730388
Lenard Billy Tessler	Senior managing director	1 May 2013	Other	1251363
Frank William Bruno	Senior managing director	1 May 2013	Other	2788598
Robert Davenport	Senior managing director	1 May 2013	Other	1869934
William Brett Ingersoll	Senior managing director	1 May 2013	Other	5907388
Ronald Jeffrey Kravit	Senior managing director	1 May 2013	Other	5907390
Steven F Mayer	Senior managing director	1 May 2013	Other	2847551
Lee Scott Millstein	Senior managing director	1 May 2013	Other	2276799
Daniel Elias Wolf	Senior managing director	1 May 2013	Other	5907404
Eric Fred Miller	Senior managing director	1 May 2013	Other	5907793
Mark Alan Neporent	Senior managing director, chief operating officer and general counsel	1 May 2013	Other	5730382
Louis Jacob Forster	Senior managing director	1 May 2013	Other	1736653
Lenard Billy Tessler	Senior managing director and vice chairman	1 Jan 2018	Other	1251363
Frank William Bruno	Senior managing director and president	1 Jan 2018	Other	2788598

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
William Lee Richter	President and director	1 Mar 1989	25% - 50%	1085543
Richter Investment Corp.	Limited partner	1 Nov 1992	25% - 50%	13-3514730
Stephen Andrew Feinberg	Sole shareholder, director and president	1 Apr 1996	75% - 100%	1078210
Inc. Craig Court	Sole member	1 Mar 2001	75% - 100%	13-3884535
Llc Craig Court Gp	General partner	1 Apr 2001	75% - 100%	13-3709388
William L. Richter 2009 Perpetuities Trust	Shareholder	1 May 2009	50% - 75%	35-6809395
William L. Richter 2009 Perpetuities Trust 2	Shareholder	1 Aug 2014	50% - 75%	47-6494930
Harold Jerome Greenberg	Trustee	1 Aug 2014	Other	6530886
Harry Charles Steinmetz	Trustee	1 Aug 2014	Other	6530890
Ari Joseph Richter	Trustee	1 Aug 2014	Other	6530896
William L. Richter Perpetuities Trust 2	Shareholder	1 Aug 2014	50% - 75%	47-6494930

Based in New York

The principal office where Cerberus Sub Advisory I, LLC performs its advisory services is located at 875 Third Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-891-2100 or by fax 646-885-3451. The normal business hours are 9:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at cerberuscapital.com.