A year ago, most of us couldn’t name a single asset in the Cerberus Capital Management portfolio. Today, we know them as the private equity firm that bought controlling interests in Chrysler, General Motor’s financing arm, and — as of this week — United Rentals, one of the world’s largest equipment rental companies.
Private Equity’s Lessons for the Rest of Us
A year ago, most of us couldn’t name a single asset in the Cerberus Capital Management portfolio. Today, we know them as the private equity firm that bought controlling interests in Chrysler, General Motor’s financing arm, and — as of this week — United Rentals, one of the world’s largest equipment rental companies. In spite […]
July 23, 2007