Clients
Angelo, Gordon & serves 366 clients, 364 of them pooled investment vehicles. The average client has about $317 million with the firm.
- Pooled investment vehicles364 clients99%
- Insurance companies2 clients1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 364 | $115,029,052,148 | 99.2% | $316.0M |
| Insurance companies | 2 | $911,042,929 | 0.8% | $455.5M |
| Total | 366 | $115,940,095,077 | 100% | $316.8M |
- Clients
- 364
- Regulatory AUM
- $115,029,052,148
- Share
- 99.2%
- Avg. per client
- $316.0M
- Clients
- 2
- Regulatory AUM
- $911,042,929
- Share
- 0.8%
- Avg. per client
- $455.5M
Total
- Clients
- 366
- Regulatory AUM
- $115,940,095,077
- Share
- 100%
- Avg. per client
- $316.8M
What it does
Angelo, Gordon & provides portfolio management for pooled vehicles and other activities. It is paid through a percentage of assets, performance-based fees and other arrangements.
Angelo, Gordon & advises 237 private funds.
100.0% of assets ($115.94B across 366 accounts) are managed with discretion. 41% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Cash4%
- Other96%
- Mbs/abs cdo/clo loans receivables accrued interests/dividends unfunded commitments96%
Custodians
Angelo, Gordon &’s client accounts are held mainly at US Bank National Association, with 1% of managed assets, and The Bank of New York Mellon, with 1%. Angelo, Gordon & has custody of $78.40B for 337 clients.
- US Bank National AssociationUS Bank National Association · Cincinnati, OH · $1.16B1%
- The Bank of New York MellonThe Bank of New York Mellon Corporation · Wilmington, DE · $719.3M1%
- OtherBank of America, National Association, The Northern Trust, All other custodians98%
Ownership and leadership
TPG Operating Group II, L.P. owns 75% or more of Angelo, Gordon &.
- Owns 75% or more of Angelo, Gordon & Co., L.P.
TPG Operating Group II, L.P.
Control person · since November 2023
- Owns 50% to 75% of TPG Operating Group II, L.P.
TPG Group Holdings (SBS) L.P.
Control person · since January 2022
- Owns 75% or more of TPG Group Holdings (SBS) L.P.
TPG New Holdings, LLC
since January 2022
- Owns 75% or more of TPG New Holdings, LLC
TPG Partner Holdings, L.P.
since January 2022
- Owns 25% to 50% of TPG Operating Group II, L.P.
TPG Opco Holdings, L.P.
Control person · since January 2022
- Owns 50% to 75% of TPG Opco Holdings, L.P.
TPG Lpco-1, LLC
Control person · since January 2022
- Owns 25% to 50% of TPG Opco Holdings, L.P.
TPG Lpco-2, LLC
Control person · since January 2022
TPG Holdings II-A, LLC
General partner · Control person · since January 2010
- Owns 75% or more of TPG Holdings II-A, LLC
TPG Gpco, LLC
Control person · since January 2022
- Owns 75% or more of TPG Gpco, LLC
TPG Inc.
Control person · since January 2022
Leadership
- Jean-Baptiste GarciaVice President
- Matthew WhiteVice President
- Brian SigmanChief Financial Officer
- Frank StadelmaierChief Operating Officer
- Roberta HarrisChief Compliance Officer
- Martin DavidsonChief Accounting Officer
- Christopher MooreGeneral Counsel
- Adam SchwartzManaging Partner
- Steven WillmannTreasurer
Staff
- 1,096 employees
- 389 in advisory functions
- 115 broker-dealer reps
Fees
Angelo, Gordon & is paid through a percentage of assets under management, performance-based fees and other.
Angelo, Gordon &’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Angelo, Gordon & has 18 offices, with 8 listed addresses across 6 states.
California · 2 listed addresses
- 345 California Street, San Francisco
- 2000 Avenue of the Stars, Suite 1020, Los Angeles
New York · 2 listed addresses
- 245 Park Avenue, 26th Floor, New YorkHQ
- 888 7th Avenue, New York
District of Columbia · 1 listed address
- 900 16th Street, NW, Washington, DC
Florida · 1 listed address
- 333 Se 2nd Avenue, Miami
Illinois · 1 listed address
- 111 South Wacker Drive, Chicago
Texas · 1 listed address
- 301 Commerce Street, Fort Worth
Registration details
- Legal name
- Angelo, Gordon & Co., L.P.
- Headquarters
- 245 Park Avenue, 26th Floor, New York, NY 10167
- Phone
- 212-692-2000
- Website
- angelogordon.com
- SEC file
- 801-34300
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Angelo, Gordon & have?
Angelo, Gordon & has 366 clients and manages $115.9 billion for them, as of August 2026. They include 364 pooled investment vehicles and 2 insurance companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 August 2026
What services does Angelo, Gordon & offer?
Angelo, Gordon & provides portfolio management for pooled vehicles and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Angelo, Gordon & use?
Angelo, Gordon &’s separately managed account assets are held at US Bank National Association (Cincinnati, OH), with $1,161,200,483, The Bank of New York Mellon Corporation (Wilmington, DE), with $719,251,973, Bank of America, National Association (Charlotte, NC), with $292,575,138 and The Northern Trust Company (Chicago, IL), with $30,470,332. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 August 2026
How many financial advisors does Angelo, Gordon & have?
Angelo, Gordon & has 0 investment adviser representatives registered with state securities authorities, out of 1,096 employees, and 389 perform investment advisory functions. 115 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Angelo, Gordon & invest in?
At the end of its last fiscal year, Angelo, Gordon &’s separately managed accounts held 96% mbs/abs cdo/clo loans receivables accrued interests/dividends unfunded commitments and 4% cash and equivalents. It advises 237 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Angelo, Gordon &?
Angelo, Gordon & is owned through a chain of holding companies by TPG Partner Holdings, L.P., TPG Inc., TPG Lpco-1, LLC and TPG Lpco-2, LLC. Its direct owner is TPG Operating Group II, L.P. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 August 2026
How does Angelo, Gordon & get paid?
Angelo, Gordon & is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file