TPG Angelo Gordon
TPG Angelo Gordon (formerly Angelo Gordon) is a global alternative investment manager founded in 1988 by John Angelo and Michael Gordon who together ran the arbitrage department of L.F. Rothschild in the 1980s. The firm focuses on four main investment disciplines: credit, real estate, private equity, and multi-strategy.
Headquarters at 245 Park Avenue | |
| Formerly | Angelo, Gordon & Co. L.P. |
|---|---|
| Company type | Subsidiary |
| Industry | Alternative investment management |
| Founded | November 1988 |
| Founders |
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| Headquarters | 245 Park Avenue New York City, New York, U.S. |
| Products | Real estate, Credit, Distressed securities, hedge funds |
| AUM | US$73 billion (2023) |
Number of employees | 650 (2023) |
| Parent | |
| Website | angelogordon |
Within those broad categories, the firm offers products in distressed debt and non-investment grade corporate credit, convertible and merger arbitrage, residential and consumer debt, energy direct lending, 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.
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.
On November 2, 2023, TPG Inc. announced that it had completed the acquisition of Angelo Gordon.