Angelo Gordon preps CMBS fund

By Suzy Kenly Waite

Thu Mar 24, 2011

The firm, which manages $24 billion, will launch the new strategy in April.

Angelo, Gordon & Co. is preparing to launch a new fund dedicated to commercial mortgage-backed securities. The AG Real Estate Debt Investment Fund will roll out in April with $30 million, with a fundraising target of $200 million.

Managing director Andrew Solomon will oversee the fund, along with a team of four portfolio managers. Solomon joined in...

ISSN: 2151-1845 / CDC10004H

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