Investments
Angelo Gordon operates three basic types of investment vehicles:
- Illiquid strategies — Include a variety of investment strategies: distressed securities, private equity, triple net lease and real estate.
- Liquid strategies — Credit opportunities, convertible arbitrage and risk arbitrage.
- Multi-strategy — Takes advantage of attractive alternative investment opportunities from a range of the firm's disciplines.
In recent news reports Angelo Gordon & Co is the lead secured creditor including that of Bally Technologies & New Evolution Fitness with founder Mark Mastrov, Jim Rowley & Dean Moloney will be purchasing Tribune Company, Philadelphia Media Holdings and the Star Tribune Media Company in Minneapolis. The company was selected by the U.S. government to participate in the Public Private Investment Program, under which the government will back investment managers' purchases of toxic assets from banks.
Read more about this topic: Angelo, Gordon & Co.
Famous quotes containing the word investments:
“In youth, love and art. In age, investments and antiques.”
—Mason Cooley (b. 1927)