Angelo Gordon collects $1.5bn for Europe-focused fund
Angelo Gordon announced that it has raised over $1.5 billion in equity commitments for its most recent European real estate fund, AG Europe Realty Fund III, exceeding the fund’s $1.2 billion target and hitting the fund’s hard cap.
The new fund will invest in off-market investment opportunities with a focus on sub-performing assets along the entire value-add spectrum, from those with attractive in-place cash flow to distressed assets that require significant capital restructuring and asset repositioning to stabilize.
Targeting all property types, the fund will invest in . . .
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