Cerberus is the name of a hedge fund well known for its restructuring feats in companies going bust. The fund’s name, taken from Greek mythology, evokes memories of the Divine Comedy in which the Florentine poet Dante meets the three-headed, red-eyed dog Cerberus who guards the gates of hell and barks and rends the spirits of the damned. In the same way, the hedge fund Cerberus feeds insatiably on companies that have been caught by a downdraft and driven to the hell of bankruptcy, and through a creative destruction process seeks to restructure them and sell them out again to make a profit.