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Ron Rawald, Cerberus’ head of international real estate, dies at 56 - Pensions & Investments

Reported by Pionline
Aug 19, 2020· 2 min read
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Key Takeaways
  • • Ron Rawald, senior managing director and head of international real estate at Cerberus Capital Management, died unexpectedly at age 56 over the weekend of August 17-18, 2020.
  • • Rawald was a long-serving executive with 13 years of tenure at Cerberus, leading the firm's expansion into European real estate markets and nonperforming loan strategies.
  • • His role as head of international real estate positioned him as a key figure in Cerberus's global real estate investment operations, a major component of the alternative asset manager's portfolio.
Summary
Ron Rawald, a senior managing director and head of international real estate at Cerberus Capital Management, died suddenly at age 56 over the weekend of August 17-18, 2020. According to multiple sources covering the announcement, his death was unexpected and marked the loss of a prominent figure within the alternative investment firm.

Rawald had spent 13 years with Cerberus Capital Management, a major global alternative asset manager. During his tenure, he played a critical role in leading the firm's charge into the European real estate market and building out its international real estate investment platform. His expertise extended to nonperforming loans and distressed real estate assets—a strategic focus area for Cerberus's real estate operations.

As head of international real estate, Rawald held a senior position within Cerberus's global real estate team, where he oversaw significant investment activities across European and other international markets. His departure represents a notable loss of institutional knowledge and leadership in a division that has been central to Cerberus's alternative investment strategy. The firm has not announced succession plans or publicly commented on the impact of his death on ongoing operations or deal flow.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Pionline Ron Rawald, Cerberus’ head of international real estate, dies at 56 - Pensions & Investments