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'''Angelo Gordon & Company''' is an American [[alternative investment]] manager founded in November 1988<ref>{{cite web|url=http://www.bloomberg.com/quote/725306Z:US/profile|title=Company Profile for Angelo Gordon & Co LP|publisher=Bloomberg|accessdate=3 June 2013}}</ref><ref name="IPE Asia Profile">{{cite web|title=Profile|url=http://asia.ipe.com/realestate/investment-manager-profile/angelo-gordon-co_1287.php?article=1|publisher=IPE|accessdate=7 January 2015}}</ref> by John M. Angelo and Michael L. Gordon<ref name="Company Overview of Angelo, Gordon & Co. Bloomberg Businessweek">{{cite web|title=Company Overview of Angelo, Gordon & Co.|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=1689088|publisher=Bloomberg Businessweek|accessdate=7 January 2015}}</ref> who together ran the arbitrage department of L.F. Rothschild in the 1980s.<ref name="WallstreetOasis.com/Angelo, Gordon & Co.">{{cite web|title=Angelo, Gordon & Co.|url=http://www.wallstreetoasis.com/company/angelo-gordon-co|website=WallstreetOasis.com|accessdate=7 January 2015}}</ref><ref>FABRIKANT, GERALDINE. "[http://www.nytimes.com/1988/11/02/business/business-people-2-officials-at-rothschild-leaving-to-start-firm.html BUSINESS PEOPLE; 2 Officials at Rothschild Leaving to Start Firm]." [[New York Times]], November 2, 1988</ref> |
'''Angelo Gordon & Company''' is an American [[alternative investment]] manager founded in November 1988<ref>{{cite web|url=http://www.bloomberg.com/quote/725306Z:US/profile|title=Company Profile for Angelo Gordon & Co LP|publisher=Bloomberg|accessdate=3 June 2013}}</ref><ref name="IPE Asia Profile">{{cite web|title=Profile|url=http://asia.ipe.com/realestate/investment-manager-profile/angelo-gordon-co_1287.php?article=1|publisher=IPE|accessdate=7 January 2015}}</ref> by John M. Angelo and Michael L. Gordon<ref name="Company Overview of Angelo, Gordon & Co. Bloomberg Businessweek">{{cite web|title=Company Overview of Angelo, Gordon & Co.|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=1689088|publisher=Bloomberg Businessweek|accessdate=7 January 2015}}</ref> who together ran the arbitrage department of L.F. Rothschild in the 1980s.<ref name="WallstreetOasis.com/Angelo, Gordon & Co.">{{cite web|title=Angelo, Gordon & Co.|url=http://www.wallstreetoasis.com/company/angelo-gordon-co|website=WallstreetOasis.com|accessdate=7 January 2015}}</ref><ref>FABRIKANT, GERALDINE. "[http://www.nytimes.com/1988/11/02/business/business-people-2-officials-at-rothschild-leaving-to-start-firm.html BUSINESS PEOPLE; 2 Officials at Rothschild Leaving to Start Firm]." [[New York Times]], November 2, 1988</ref> |
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The firm is 100% employee-owned, SEC-registered, and has approximately 350 employees. Angelo, Gordon focuses on four main investment disciplines: credit, real estate, private equity, and multi-strategy. 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. Angelo, Gordon offers two types of investment structures: open-ended hedge fund products and closed-ended private equity-style products. |
The firm is 100% employee-owned, SEC-registered, and has approximately 350 employees. Angelo, Gordon focuses on four main investment disciplines: credit, real estate, private equity, and multi-strategy.<ref name="IPE Asia Profile" /> Within those broad categories, the firm offers products in distressed debt and non-investment grade corporate credit, convertible and merger arbitrage,<ref name="Company Overview of Angelo, Gordon & Co. Bloomberg Businessweek" /> residential and consumer debt, energy direct lending,<ref name="Company Overview of Angelo, Gordon & Co. Bloomberg Businessweek" /> real estate private equity, real estate debt and lending, net lease real estate, private equity, multi-strategy, and middle market direct lending. Angelo, Gordon offers two types of investment structures: open-ended hedge fund products and closed-ended private equity-style products.<ref name="Company Overview of Angelo, Gordon & Co. Bloomberg Businessweek" /> |
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The firm is headquartered in [[New York City]] with additional offices worldwide including in [[Washington DC]], [[San Francisco]], [[Los Angeles]], [[Chicago]], [[Houston]], [[London]], [[Amsterdam]], [[Hong Kong]], [[Seoul]], and [[Tokyo]].<ref name="Company Overview of Angelo, Gordon & Co. Bloomberg Businessweek" /> |
The firm is headquartered in [[New York City]] with additional offices worldwide including in [[Washington DC]], [[San Francisco]], [[Los Angeles]], [[Chicago]], [[Houston]], [[London]], [[Amsterdam]], [[Hong Kong]], [[Seoul]], and [[Tokyo]].<ref name="Company Overview of Angelo, Gordon & Co. Bloomberg Businessweek" /> |
Revision as of 13:37, 7 January 2015
Angelo Gordon & Co. | |
Company type | Private |
---|---|
Industry | Private equity |
Founded | 1988 |
Headquarters | 245 Park Avenue New York City, New York, U.S. |
Products | Distressed securities, hedge funds, Leveraged buyouts |
Total assets | $25 billion |
Website | www.angelogordon.com |
Angelo Gordon & Company is an American alternative investment manager founded in November 1988[1][2] by John M. Angelo and Michael L. Gordon[3] who together ran the arbitrage department of L.F. Rothschild in the 1980s.[4][5]
The firm is 100% employee-owned, SEC-registered, and has approximately 350 employees. Angelo, Gordon focuses on four main investment disciplines: credit, real estate, private equity, and multi-strategy.[2] Within those broad categories, the firm offers products in distressed debt and non-investment grade corporate credit, convertible and merger arbitrage,[3] residential and consumer debt, energy direct lending,[3] real estate private equity, real estate debt and lending, net lease real estate, private equity, multi-strategy, and middle market direct lending. Angelo, Gordon offers two types of investment structures: open-ended hedge fund products and closed-ended private equity-style products.[3]
The firm is headquartered in New York City with additional offices worldwide including in Washington DC, San Francisco, Los Angeles, Chicago, Houston, London, Amsterdam, Hong Kong, Seoul, and Tokyo.[3]
Investments
Angelo Gordon operates three basic types of investment vehicles:
- Illiquid strategies — include a variety of investment strategies: distressed securities, private equity, triple net lease and real estate.
- Liquid strategies — credit opportunities, convertible arbitrage and risk arbitrage.
- Multi-strategy — takes advantage of attractive alternative investment opportunities from a range of the firm's disciplines.
In recent news reports, Angelo Gordon & Co is the lead secured creditor including that of Bally Technologies & New Evolution Fitness with founder Mark Mastrov, Jim Rowley & Dean Moloney will be purchasing Tribune Company, Philadelphia Media Holdings and the Star Tribune Media Company in Minneapolis.[6][7] The company was selected by the U.S. government to participate in the Public-Private Investment Program for Legacy Assets, under which the government will back investment managers' purchases of toxic assets from banks.
See also
External links
- Angelo Gordon & Company (official website)
References
- ^ "Company Profile for Angelo Gordon & Co LP". Bloomberg. Retrieved 3 June 2013.
- ^ a b "Profile". IPE. Retrieved 7 January 2015.
- ^ a b c d e "Company Overview of Angelo, Gordon & Co". Bloomberg Businessweek. Retrieved 7 January 2015.
- ^ "Angelo, Gordon & Co". WallstreetOasis.com. Retrieved 7 January 2015.
- ^ FABRIKANT, GERALDINE. "BUSINESS PEOPLE; 2 Officials at Rothschild Leaving to Start Firm." New York Times, November 2, 1988
- ^ “One Investment Firm Plays Role in 3 Biggest Newspaper Bankruptcies”, “Poynter Institute”, 2009-07-09.
- ^ “What's a Big City Without a Newspaper?”, “New York Times”, 2009-08-06.
- "Investors Sue Citigroup." New York Times, August 27, 2004
- "Mortgage Firm to File Bankruptcy." Reuters, December 7, 2007
- "Angelo Gordon moves into hedge-lite strategies." Reuters, June 13, 2007
- "Delta Financial selling big stake to Angelo Gordon." MarketWatch, Nov. 16, 2007
- "[1]." Business Week, October 18, 2011