New York firm Angelo, Gordon & Co said it collected $1.8 billion of equity commitments for its final closing of AG Credit Solutions Fund.
The $38 billion firm’s flagship closed-ended investment vehicle of the firm’s distressed and corporate special situations activities, employing an all-weather approach to generate risk-adjusted returns in any market environment.
Officials said that the investment strategy seeks to align with companies and create customized financing solutions that can help resolve idiosyncratic liquidity and capital structure situations.
The fund exceeded its $1 billion target with . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators