Former JPMorgan Exec to Lead New Cerberus Technology Unit

Former JPMorgan Chase executive Len Laufer joined Cerberus Capital Management to lead Cerberus Technology Solutions, a new operating subsidiary.

BofA Supports Remington Restructuring

Remington Outdoor reached a restructuring support agreement with creditors holding a majority of the FGI Operating Company term loans due in 2019. Bank of America, as administrative agent, reached a forbearance agreement with the company for the term B loans.

Cerberus Amends Cherokee Global Brands Facility

Cherokee Global Brands, a brand marketing platform that manages a portfolio of fashion and lifestyle brands, amended its senior secured credit facility with Cerberus.

Cerberus Amends Cherokee Global Brands Facility

Cherokee Global Brands, a marketing platform that manages a growing portfolio of fashion and lifestyle brands, amended its senior secured credit facility with Cerberus Business Finance to address all matters connected to its forbearance agreement.

Cerberus Aims to Buy GE Money Bank in France

According to French newspaper Les Echos, Cerberus has entered into exclusive talks with GE to continue GE Money Bank, GE’s French banking unit.