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Sign in Sign up for a FREE subscriptionAngelo Gordon closes 10th value-added real estate fund at $2.75b
Angelo Gordon, a global entrepreneurial and opportunistic investment firm, has held a final closing for AG Realty Value Fund X.
AG Realty Value Fund X is the firm’s 10th closed-end real estate debt investment vehicle. It raised at total of $2.75 billion in capital commitments, exceeding its target of $2.5 billion.
Since its April 2018 launch, it received 13 commitments from different investors.
The value-added fund invests in distressed and underperforming properties in the United States, primarily, and 20 percent in Europe and Asia.
Angelo Gordon acquires underperforming assets in the United States, Europe and Asia. It invests on behalf of pension funds, corporations, endowments, foundations, sovereign wealth funds and individuals.
Angelo Gord
