William Richter
Founder at Cerberus Capital Management LP
Profile
Mr. Richter co-founded Cerberus with Steve Feinberg in 1992.
Since 1982, he has been President of Richter Investment Corp., a merchant bank, which from 1989 to 1999 owned and operated a NASD broker-dealer.
From 1970 to 1982, he was Chairman of the Board of Nexus Industries, Inc., a manufacturer and retailer of imprinted licensed sportswear and a maker of athletic equipment.
From 2003 until it was sold in 2016 to the Guardian Life Insurance Companies of America, he was Chairman of the Board of Avesis Incorporated, which managed a nationwide preferred provider network of dentists and optometrists.
Mr. Richter has been Chairman of the Board of AbsoluteCARE, Inc. since 2016.
AbsoluteCARE is a risk-bearing ambulatory intensive caring medical center provider for the “sickest of the sick”.
It becomes the Primary Care Provider for those who are enrolled.
Mr. Richter received his bachelor’s degree, magna cum laude, from Harvard College and his M.B.A.
from Harvard Business School.
William Richter active positions
| Companies | Position | Start |
|---|---|---|
Cerberus Capital Management LP
 Cerberus Capital Management LP Investment ManagersFinance Cerberus Capital Management LP (Cerberus) is a private equity firm founded in 1992 by Stephen A. Feinberg and William L. Richter. It is headquartered in New York. | Founder | 1991-12-31 |
AbsoluteCARE, Inc.
 AbsoluteCARE, Inc. Medical/Nursing ServicesHealth Services AbsoluteCARE, Inc. provides medical home services for patients and families. It specializes in laboratory, pharmacy, radiology, nutrition, educational, and support services. The company was founded in 2000 and is headquartered in Atlanta, GA. | Chairman | 2015-12-31 |
Richter Investment Corp. (New York)
 Richter Investment Corp. (New York) Financial ConglomeratesFinance Richter Investment Corp. is a private company based in New York, NY. The company provides investment services. The CEO of the company is William L. Richter. | Chief Executive Officer | - |
Former positions of William Richter
| Companies | Position | End |
|---|---|---|
Avesis, Inc.
 Avesis, Inc. Life/Health InsuranceFinance Avesis, Inc. engages in the provision of healthcare plans and services. It offers vision, dental, and hearing programs. The company was founded in 1978 and is headquartered in Phoenix, AZ. | Chairman | 2015-12-31 |
| LUCECO PLC | Chairman | 1982-12-30 |
Evermore Global Advisors LLC
 Evermore Global Advisors LLC Investment ManagersFinance Evermore Global Advisors LLC (Evermore) is an independent investment manager headquartered in Summit, New Jersey. The firm was founded in 2009 by David Marcus and Eric LeGoff. In March 2023, MFP Investors LLC acquired the business assets of Evermore and, in April 2023, became the sub-adviser to the Evermore Global Value Fund, a sub-adviser to a model account, and investment adviser to several separate accounts, all of which were formerly managed by Evermore. | Chairman | - |
Avesis, Inc.
Avesis, Inc. Life/Health InsuranceFinance Avesis, Inc. engages in the provision of healthcare plans and services. It offers vision, dental, and hearing programs. The company was founded in 1978 and is headquartered in Phoenix, AZ. | Chairman | - |
Training of William Richter
| Harvard Business School | Masters Business Admin |
| Harvard College | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| LUCECO PLC | Electronic Technology |
| Private companies | 5 |
|---|---|
Avesis, Inc.
Avesis, Inc. Life/Health InsuranceFinance Avesis, Inc. engages in the provision of healthcare plans and services. It offers vision, dental, and hearing programs. The company was founded in 1978 and is headquartered in Phoenix, AZ. | Finance |
Evermore Global Advisors LLC
Evermore Global Advisors LLC Investment ManagersFinance Evermore Global Advisors LLC (Evermore) is an independent investment manager headquartered in Summit, New Jersey. The firm was founded in 2009 by David Marcus and Eric LeGoff. In March 2023, MFP Investors LLC acquired the business assets of Evermore and, in April 2023, became the sub-adviser to the Evermore Global Value Fund, a sub-adviser to a model account, and investment adviser to several separate accounts, all of which were formerly managed by Evermore. | Finance |
Cerberus Capital Management LP
Cerberus Capital Management LP Investment ManagersFinance Cerberus Capital Management LP (Cerberus) is a private equity firm founded in 1992 by Stephen A. Feinberg and William L. Richter. It is headquartered in New York. | Finance |
AbsoluteCARE, Inc.
AbsoluteCARE, Inc. Medical/Nursing ServicesHealth Services AbsoluteCARE, Inc. provides medical home services for patients and families. It specializes in laboratory, pharmacy, radiology, nutrition, educational, and support services. The company was founded in 2000 and is headquartered in Atlanta, GA. | Health Services |
Richter Investment Corp. (New York)
Richter Investment Corp. (New York) Financial ConglomeratesFinance Richter Investment Corp. is a private company based in New York, NY. The company provides investment services. The CEO of the company is William L. Richter. | Finance |
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