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DETROIT — Cerberus Capital Management, one of the private equity firms bidding on the Chrysler Group, has been buying up large stakes in the U.S. auto industry and appears hungry for more, leaving Detroit wondering who's taking over and what the group's intentions are.
Those aren't easy questions to get answered, even as the firm seems to make moves and news daily in southeast Michigan.

The New York private equity fund, named after the mythological three-headed dog that guards the gates of Hades, is known for being among the most secretive of the private equity world. Its founder Stephen Feinberg and other top executives rarely give interviews or make public statements — they weren't available for this report, either.

Cerberus has a website, but — for a firm with offices in 10 cities around the globe and whose companies generate more than $60 billion in annual revenues — there is little information on it.
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