Cerberus RMBS Opportunities Fund: Cerberus Capital Management

Winner: Best new hedge fund

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The Cerberus RMBS Opportunities Fund was one of the biggest fund launches of 2011, raising more than $1 billion from investors in its first 12 months.

As with any overnight success story, it took years of planning and preparation to achieve.

[Pictured: Jeffrey Lomasky, senior managing director and chief financial officer (left), and Joshua Weintraub, senior managing director and head of residential mortgage investments (right), Cerberus Capital Management]

Cerberus started laying the groundwork

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