Angelo Gordon raised its second credit solutions offering in just over seven months with $3.1 billion in equity commitments.
AG Credit Solutions Fund II is a closed-end fund that is the latest in a series of investment vehicles that have raised a total of $11 billion over three years across the firm’s all-weather distressed and special situations platform. The strategy is in line with the $50 billion firm’s ongoing strategy to leverage its capital base and structuring expertise in partnering with companies to create customized financing solutions that can help resolve idiosyncratic . . .
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