Cerberus Capital Management, co-founded by Deputy Secretary of Defense Stephen Feinberg, is aiming to raise at least $4 billion for its newest supply-chain fund. This fund is designed to support investments that are considered vital to the U.S. economy.

The New York-based firm has reportedly started pitching the fund to its existing investors. Details about the fund's strategy and specific investment targets have not yet been publicly disclosed, but the focus on supply chains suggests a commitment to critical infrastructure and manufacturing.

This initiative by Cerberus highlights a growing trend among investment firms to focus on sectors deemed strategically important for national economic security. The $4 billion target indicates a significant appetite for such investments. The firm's past performance and its association with Feinberg are likely key factors in attracting investor interest for this latest venture, which aims to bolster the resilience and capabilities of U.S. supply chains.