Cerberus head of international real estate passes away

Ron Rawald, senior managing director and head of international real estate at Cerberus Capital Management, died over the weekend, according to media outlets.

Rawald was 56. The cause of death was not disclosed.

Rawald began his 13-year tenure at Cerberus as head of European real estate, and in 2017 he was appointed to oversee the firm’s international real estate strategy.

Prior to Cerberus, Rawald was a managing director at Fortress Investment Group in Frankfurt from 2004 to 2005, and a founding partner of Aetos Capital, a private equity real estate fund investing in Japanese assets, where he worked from 2001 to 2004.