TPG Angelo Gordon
American investment management company / From Wikipedia, the free encyclopedia
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TPG Angelo Gordon (formerly Angelo Gordon) is a global alternative investment manager founded in 1988[3][4] by John Angelo and Michael Gordon[5] who together ran the arbitrage department of L.F. Rothschild in the 1980s.[6][7] The firm focuses on four main investment disciplines: credit, real estate, private equity, and multi-strategy.[4]
Formerly | Angelo, Gordon & Co. L.P. |
---|---|
Company type | Subsidiary |
Industry | Alternative investment management |
Founded | November 1988; 35 years ago (1988-11) |
Founders |
|
Headquarters | 245 Park Avenue New York City, New York, U.S. |
Products | Real estate, Credit, Distressed securities, hedge funds[1] |
AUM | US$73 billion (2023)[2] |
Number of employees | 650 (2023)[2] |
Parent | |
Website | angelogordon |
Within those broad categories, the firm offers products in distressed debt and non-investment grade corporate credit, convertible and merger arbitrage,[5] residential and consumer debt, energy direct lending,[5] real estate private equity, real estate debt and lending, net lease real estate, private equity, multi-strategy, and middle market direct lending. It offers two types of investment structures: open-ended hedge fund products and closed-ended private equity-style products.[5]
The firm is headquartered in New York City with additional offices worldwide including in San Francisco, Los Angeles, Chicago, London, Amsterdam, Hong Kong, Seoul, Frankfurt, Tokyo and Singapore.[5][8]
On November 2, 2023, TPG Inc. announced that it had completed the acquisition of Angelo Gordon.[9]