New York alternative investment firm Angelo Gordon has launched a second fund in their real estate debt opportunities fund series, according to an SEC Form D filed in July.
The fund has raised approximately $165 million to date from 30 investors. The fundraising target was unknown at the time of publication.
The fund’s predecessor, AG Real Estate Debt Opportunity Fund, focused on debt and commercial mortgage-backed securities (CMBS) investments in the United States.
The high-yield, opportunistic fund held a final close in June 2008, just two months after its April launch, with $500 million in capital commitments. It invested on behalf of corporate and public pension funds.
Angelo Gordon acquires underperforming assets in the United States, Europe and Asia. It invests on behalf of pension funds, corporations, endowments, foundations, sovereign wea
