TPG Inc. said Monday it agreed to pay $2.7 billion for Angelo Gordon, a New York City-based private credit and real estate investment firm with $73 billion...
TPG Inc. TPG said Monday it agreed to pay $2.7 billion for Angelo Gordon, a New York City-based private credit and real estate investment firm with $73 billion of assets under management . The purchase price includes $970 million in cash and up to 62.5 million common units. The two firms combined manage $208 billion. TPG CEO Jon Winkelried said the transaction “meaningfully expands our investing capabilities and broadens our product offering.
7 billion for Angelo Gordon, a New York City-based private credit and real estate investment firm with $73 billion of assets under management . The purchase price includes $970 million in cash and up to 62.5 million common units. The two firms combined manage $208 billion. TPG CEO Jon Winkelried said the transaction “meaningfully expands our investing capabilities and broadens our product offering.
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