Bio

Mr. Yedid is the Head Portfolio Manager for Cerberus’ global residential investments in mortgage credit across whole loans and securities. During his more than 14-year tenure at Cerberus, he has invested across a broad range of asset types in the residential agency and non-agency markets, as well as various consumer debt sectors. Under Mr. Yedid’s management, Cerberus has earned recognition as an innovator and market leader in securitizing seasoned residential loans in the U.S. In 2015, Cerberus issued the first ever investment grade rated re-performing loan securitization, and since then has been the largest global issuer of this asset class and other seasoned loans. Additionally, Mr. Yedid leads Cerberus’ global residential bond distribution and financing programs and sits on the board of FirstKey Mortgage, a Cerberus portfolio company. Prior to joining Cerberus in 2008, Mr. Yedid worked at Bear, Stearns & Co. where he was in charge of agency CMO trading. Mr. Yedid graduated from The Wharton School at the University of Pennsylvania. He is an active supporter of the Valerie Fund, an organization dedicated to helping children with cancer and rare blood disorders.