Len Laufer joined Cerberus Capital Management as senior managing director and CEO of Cerberus Technology Solutions, a new operating subsidiary that will facilitate new investments in technology, advanced analytics and data companies. Cerberus Technology will be chaired by Cerberus President Matt Zames.
Cerberus Technology will work closely with Cerberus investment and operating professionals to unlock and create value across the firm’s existing portfolio of companies. It will have broad responsibilities to apply leading technology solutions that can drive productivity and efficiency, realize new sources of revenue and value creation, and accelerate technological transformation and differentiation. Cerberus Technology will also help Cerberus source, diligence, and operate new investments in technology and analytics companies.
“Cerberus Technology enhances our proprietary operating capabilities to drive value for our portfolio companies and brings new capabilities to our integrated investment platforms,” commented Zames. “We are excited to have Len join us as we build world-class technology capabilities within Cerberus and increase our focus on private equity tech investing.”
Laufer most recently served as head of Intelligent Solutions at JPMorgan Chase, where he focused on applying emerging technologies to realize value from the bank’s vast data assets. Prior to that, he co-founded and was CEO of Argus Information and Advisory Services, which grew into the leading provider of risk, pricing, and behavioral data to the payments industry. Argus was sold to Verisk Analytics in 2012.
“It is a privilege to join this team and to work with Matt again,” said Laufer. “I am excited to lead Cerberus Technology and to tackle transformations with significant potential to impact the long-term performance and create value.”
The firm plans to establish operating units with both advisory and execution expertise in the following domains:
- Digital and e-Commerce
- Cybersecurity
- Cloud enablement and infrastructure optimization
- Software development life cycle
- Data management and data commercialization, including big data technology and data ops
- Advanced analytics, including data science, artificial intelligence and machine learning
- Emerging technologies, including tech incubation, IoT, blockchain, RPA and NLx
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To this end, Cerberus is actively recruiting highly talented technology professionals from a variety of industries and backgrounds.
