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EspañolSTEVE FEINBERG
'Stephen A. Feinberg' (March 29, 1960 - ) is an American businessman active in the field of private equity. He is the founder and head of Cerberus Capital Management.
Feinberg was born in Spring Valley, New York, a relatively poor suburb of New York City. His father was a steel salesman.
He attended Princeton University in New Jersey, graduating with a degree in politics in 1982. While there, he captained the tennis team and joined the Reserve Officer Training Corps, but did not have a lot of friends on account of his intense privacy.
After graduating from university, Feinberg worked as a trader at Drexel Burnham and Gruntal & Co.
In 1992 Feinberg teamed up with William L. Richter to found Cerberus Capital Management with just $10 million under management. Cerberus has prospered, and Feinberg has been at the helm of the firm since its founding.
Feinberg is a very private person, and does not ever grant interviews or photographs to the media. Despite his considerable personal wealth (Feinberg reportedly made $50 million in 2004) he does not indulge in luxury.[1] He lives on Manhattan's Upper East Side with his wife Gisela and their three daughters.
His hobbies include game hunting, chess, skiing, and riding his Harley-Davidson motorcycle.
Steve and Gisela Feinberg are prolific donors to the Republican Party and related organizations. Former Republican Vice President of the United States Dan Quayle works for Cerberus as Chairman of Global Investments and former United States Secretary of Defense Donald Rumsfeld is a client.
★ ''What's Bigger Than Cisco, Coke, Or McDonald's?'' Steve Feinberg's Cerberus, a vast hedge fund that's snapping up companies -- lots of them, BusinessWeek, 10/3/05
★ Biographical infobox, BusinessWeek, 10/3/05
★ [1]
1. "While other hedge-fund managers are collecting fine French wines and flying around in private planes, he drives a Ford truck and drinks Budweiser." ''What's Bigger Than Cisco'', quoting Jonathan Gallen, a personal friend of Feinberg
| Contents |
| Early life |
| Professional career |
| Personal |
| Sources |
| Notes |
Early life
Feinberg was born in Spring Valley, New York, a relatively poor suburb of New York City. His father was a steel salesman.
He attended Princeton University in New Jersey, graduating with a degree in politics in 1982. While there, he captained the tennis team and joined the Reserve Officer Training Corps, but did not have a lot of friends on account of his intense privacy.
Professional career
After graduating from university, Feinberg worked as a trader at Drexel Burnham and Gruntal & Co.
In 1992 Feinberg teamed up with William L. Richter to found Cerberus Capital Management with just $10 million under management. Cerberus has prospered, and Feinberg has been at the helm of the firm since its founding.
Personal
Feinberg is a very private person, and does not ever grant interviews or photographs to the media. Despite his considerable personal wealth (Feinberg reportedly made $50 million in 2004) he does not indulge in luxury.[1] He lives on Manhattan's Upper East Side with his wife Gisela and their three daughters.
His hobbies include game hunting, chess, skiing, and riding his Harley-Davidson motorcycle.
Steve and Gisela Feinberg are prolific donors to the Republican Party and related organizations. Former Republican Vice President of the United States Dan Quayle works for Cerberus as Chairman of Global Investments and former United States Secretary of Defense Donald Rumsfeld is a client.
Sources
★ ''What's Bigger Than Cisco, Coke, Or McDonald's?'' Steve Feinberg's Cerberus, a vast hedge fund that's snapping up companies -- lots of them, BusinessWeek, 10/3/05
★ Biographical infobox, BusinessWeek, 10/3/05
★ [1]
Notes
1. "While other hedge-fund managers are collecting fine French wines and flying around in private planes, he drives a Ford truck and drinks Budweiser." ''What's Bigger Than Cisco'', quoting Jonathan Gallen, a personal friend of Feinberg
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