Alternative investments firm Angelo, Gordon & Co. has hired Garrett Walls to lead the firm’s marketing efforts.
Walls, who will take up his new role on April 5, joins the firm from TCW where he served as group managing director responsible for strategic relationships.
Walls, who will be based in New York, takes over for Marsha Roth, who has led marketing for Angelo, Gordon for more than 20 years. Roth has been named senior managing director and will shift her focus to strategic initiatives, including geographic expansion in international markets including Australia and Asia, where the firm believes it has significant opportunity for growth and development.
“We are thrilled to have Garrett join us,” said John Angelo, chief executive officer and co-founder of the eponymous firm, which currently boasts $22 billion in assets under management. “Garrett has had a stellar career—first with IBM, next with JP Morgan, and then TCW for the last few years. He brings a history of strong leadership, strategic client knowledge, and extensive relationships with some of the most sophisticated institutional clients in North America.”
Ruth Gitlin, a senior executive and long-serving veteran of Angelo, Gordon, will continue to head up the firm’s client services team.
Angelo, Gordon & Co. was founded in 1988, and through a joint venture with General Electric, serves as a manager for the US Treasury’s Public-Private Investment Program. The firm’s core strategies include distressed, real estate, private equity, mortgage-backed securities and multi-strategy. The firm is headquartered in New York City, with offices in Chicago, Los Angeles, Hong Kong, Tokyo, Seoul and London.