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Cerberus Founder Feinberg’s Father Is Resident of Newtown

The father of Stephen Feinberg, the founder of the private-equity firm that owns gunmaker Freedom Group Inc., lives in the town where a Freedom Group-made rifle was used to kill 26 people in an elementary school.

Martin Feinberg, whose son founded Cerberus Capital Management LP in 1992, is a resident of Liberty at Newtown, a community for people 55 and older that’s about 6 miles from Sandy Hook elementary school. Cerberus today announced it will sell Freedom Group, which makes the Bushmaster semi-automatic rifle that authorities said was used to kill 20 children between the ages of six and seven, as well as six adults at the school.