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Cerberus Business Finance opens San Francisco office

Cerberus Business Finance LLC has opened an office in San Francisco.

The company has hired Scott Johnston, managing director, and Kurt Peterson, vice president, to lead its efforts to deliver financial solutions to the region's businesses and financial sponsors.

Johnston will be responsible for sourcing, underwriting and managing new investment opportunities across Northern California and the Pacific Northwest for the company and its affiliated funds. Peterson will work with Johnston to implement the company's strategy to partner with companies headquartered in the region.

Cerberus Business Finance is the middle-market direct lending platform of Cerberus Capital Management LP.