The $4.9 billion San Mateo County Employees’ Retirement Association (SamCERA) has committed $25 million to Angelo Gordon Credit Solutions Fund Annex Dislocation Fund, as part of its opportunistic credit portfolio.
The action was taken at a special board meeting last week.
Angelo Gordon already has two funds in SamCERA’s opportunistic credit portfolio, which returned 9.2% in 2019. Those funds are Angelo Gordon Opportunistic and Angelo Gordon STAR which hold roughly $4 million each, according to year-end investment documents.
Both funds had strong returns in 2019. The AG Opportunistic fund . . .
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.