Cerberus Capital Management has appointed Nathaniel Fick to the newly created role of chief strategy officer for equities, a move aimed at expanding the firm’s investment activity across national and economic security, according to a report by Bloomberg.
Fick, who previously served as the US ambassador-at-large for cyberspace and digital policy, will help shape Cerberus’s global investment efforts across private equity and venture capital, with a particular focus on supply-chain resilience. He will work alongside Chris Darby, the firm’s global head of venture investments, and report to CEO Frank Bruno.
The New York-based firm manages about $70bn in assets across credit, real estate and private equity. The firm has been stepping up exposure to defence and cyber, with recent deals including aerospace and military components manufacturer Votaw Precision Technologies and cybersecurity business Nudge Security.
Cerberus began building a supply-chain investment strategy in 2018 and has since raised dedicated national security and supply-chain funds. Its venture platform, launched in 2023, backs companies in areas such as AI and healthcare.