Angelo Gordon, a $50 billion alternative investment firm focused on credit and real estate investing, today announced the final close of the AG Credit Solutions Fund II, L.P. (the “Fund”) with $3.1 billion of equity commitments, exceeding the Fund’s $3.0 billion target in seven months from the initial to final close. The Fund received significant support from current Angelo Gordon clients and new institutional and retail investors globally.
The closed-end Fund is the latest in a series of vehicles raised over the last three years that comprise a now $11 billion all-weather distressed and special situations platform. Consistent with its predecessor, the Fund’s investment strategy seeks to leverage the firm’s capital base and structuring expertise in partnering with companies to create customized financing solutions that can help resolve idiosyncratic liquidity and capital structure situations.
Angelo Gordon’s entire credit business manages $36 billion in assets and invests across corporate credit, lending and structured credit strategies.
Read more: Business Wire
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