A piece of very sad news came across that one of the best people in the world, David Teitelbaum, passed away last week. He was known for his great work. He is head of the European consulting office Cerberus and head of Global Fig Consulting. The ones who knew him must know how great his organization was. He oversees Cerberus’ European advisory offices and helps oversee investment activity in the region. In addition to advising, he leads the Financial Institutions Group (FIG) and manages all of its work.
Who was David Teitelbaum? (Wiki, Age, Biography)
David Teitelbaum joined Cerberus in 1997. At that point in time, he did not know how to do many things at the same time. He did not know how to interact with anyone if some stranger meets him or any higher level reached him and starts a conversation. He didn’t know anything. He learned it step by step and gave time to improve himself. Now, he was one of the best consultants.
Graduated from the University of California at Berkeley. When he was in college, he took part in numerous activities and also participated in some shows to remove the label of being an introvert. He already knew that if he wanted to go to the next level, he would have to face the audience in front of the stage, which was difficult for him. He must face fear in order to advance to the next level. The interesting thing is that only a few people will do it. And he was among them. He began his career with Donaldson, Lufkin, and Jenrette in corporate finance. He started with the most basic level, then moved on to the next and the next.
About David Teitelbaum’s organization
David’s organization has managed many of the firm’s largest European transactions, including several acquisitions of the NPL portfolio. Before joining Cerberus, David was a Managing Director in Asia, where he supports the company’s dormant lending activities in the region. He has worked in this organization for 23 years and has extensive experience in the evaluation of distressed portfolios. He also builds strong relationships with some business owners to grow his company, which is a plus for him.