TPG ANGELO GORDON
TPG ANGELO GORDON is a Series C+, debt and private-equity fund in the US, Global, Europe and Asia investing in credit, real-estate, private-equity, distressed-debt, corporate-credit, merger-arbitrage, consumer-debt, energy-direct-lending, real-estate-debt, net-lease-real-estate and middle-market-direct-lending.
- Stages
- Series C+, debt, private-equity
- Sectors
- credit, real-estate, private-equity, distressed-debt, corporate-credit, merger-arbitrage, consumer-debt, energy-direct-lending, real-estate-debt, net-lease-real-estate, middle-market-direct-lending
- Invests in
- US-wide, Global, Europe, Asia
- Actively investing
- Yes
- Founded
- 1988
- Assets under management
- $104B
- Website
- angelogordon.com
Check size not disclosed
Thesis
TPG Angelo Gordon is a global alternative investment manager with a diversified strategy focused on credit and real estate, founded in 1988. Following its acquisition by TPG Inc. in November 2023, the firm's investment disciplines now encompass credit, real estate, private equity, and multi-strategy approaches, offering products in distressed debt, non-investment grade corporate credit, convertible and merger arbitrage, residential and consumer debt, energy direct lending, real estate private equity, real estate debt and lending, net lease real estate, private equity, multi-strategy, and middle market direct lending. The firm's strategy prioritizes disciplined portfolio construction, rigorous research, and capital preservation to deliver consistent absolute returns globally, with offices in the U.S., Europe, and Asia. The integration with TPG aims to create a more diversified offering, leveraging credit and real estate for stable fee streams to complement private equity's carry potential. As of October 31, 2025, AUM was approximately $104 billion. TPG AG Realty Value Fund XII has a fundraising target of $3 billion and a hard-cap of $4 billion. The middle-market direct lending business, TPG Twin Brook, focuses on loans to private equity-backed U.S. middle-market companies with EBITDA of $25 million or less.
Common questions
Does TPG ANGELO GORDON invest at the Series C+ stage?
Yes. TPG ANGELO GORDON lists Series C+, debt and private-equity among the stages it invests in.
Where does TPG ANGELO GORDON invest?
TPG ANGELO GORDON invests in the US, Global, Europe and Asia.