Ron Rawald joined Cerberus in 2006, first working in the firm’s Frankfurt and then London offices as the Head of European Real Estate focusing on property related assets and non-performing loans. In 2017, after 13 years in Europe, he returned to New York to assume his current role of Head of International Real Estate. Before joining Cerberus, Mr. Rawald was with Fortress Investment Group from 2004 to 2005, where he was responsible for commercial property investments and special situations in Europe. Prior to moving to Frankfurt for Fortress in 2004, he was a founding partner of Aetos Capital, a private equity real estate fund investing in Japanese assets, where he worked from 2001 to 2004. Mr. Rawald lived in Tokyo from 1998 to 2003, and helped develop Morgan Stanley’s Special Situations Group, investing in distressed assets throughout Asia from 1998 to 2001. During the period from 1991 to 1998, Mr. Rawald worked in New York at Merrill Lynch in distressed loan trading and in real estate portfolio management and at TIAA/CREF from 1989 to 1991. Mr. Rawald started with Equitec Properties from 1986 to 1989 in Indianapolis. Mr. Rawald is a graduate of Indiana University and received an MBA from the Fordham University. Mr. Rawald is a member of the Cerberus Capital Management Real Estate Investment Committee.