Angelo Gordon Nets $100 Million For New Fund

Jun 7 2012 | 10:44am ET

Angelo Gordon & Co.'s new hedge fund took only one day—and one investor—to reach nine figures.

The fund raised $100 million from one investor on the day it opened. The diversified income fund will remain open indefinitely, according to a Securities and Exchange Commission filing.

Angelo Gordon has $24 billion in assets under management.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of