Former Space Force chief joins Cerberus Capital Management

Retired Space Force Gen. Jay Raymond has joined Cerberus Capital Management as a senior managing director on the company's supply chain and strategic opportunities platform, the firm announced today.

Raymond will help "pursue investments in areas that advance supply chain and security integrity for the United States and its partner nations," a company statement reads. "In this role, he will focus primarily on technology, aerospace and defense modernization investments and provide strategic guidance to the broader platform and its portfolio of investments, including in the space domain."

Raymond served as the Space Force's first chief of space operations, leading the military branch from its creation in 2019 until his retirement in 2022.