Services and clients
Angelo, Gordon & Co. provides portfolio management for pooled vehicles.
The firm advises 237 private funds.
Clients
Angelo, Gordon & Co. reports 366 clients. They include 364 pooled investment vehicles and 2 insurance companies.
- Pooled investment vehicles364 clients$115.03B in assets
- Insurance companies2 clients$911.0M in assets
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | 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
- AUM share
- 99.2%
- Avg. per client
- $316.0M
- Clients
- 2
- Regulatory AUM
- $911,042,929
- AUM share
- 0.8%
- Avg. per client
- $455.5M
Total
- Clients
- 366
- Regulatory AUM
- $115,940,095,077
- AUM share
- 100%
- Avg. per client
- $316.8M
100.0% of assets ($115.94B across 366 accounts) are managed with discretion. 41% of clients are outside the U.S.
Additional activity details
- Clients outside the U.S.
- 41%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 237
Fees and minimums
Angelo, Gordon & Co. is paid through a percentage of assets under management, performance-based fees and other.
Brochure fee details have not yet been processed for this profile. Find its brochure on the SEC’s site.
Ownership and people
TPG Operating Group II, L.P. owns 75% or more of Angelo, Gordon & Co..
- 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
Staff
- 1,096 employees
- 389 in advisory functions
- 115 broker-dealer reps
Investments and reported holdings
What the accounts hold
- Cash4%
- Other96%
- Mbs/abs cdo/clo loans receivables accrued interests/dividends unfunded commitments96%
Custodians
Angelo, Gordon & Co.’s named custodians for separately managed accounts include US Bank National Association ($1,161,200,483), and The Bank of New York Mellon ($719,251,973). Angelo, Gordon & Co. has custody of $78.40B for 337 clients.
- US Bank National AssociationCincinnati, OH
- $1,161,200,483
- The Bank of New York Mellon CorporationWilmington, DE
- $719,251,973
- Bank of America, National AssociationCharlotte, NC
- $292,575,138
- The Northern Trust CompanyChicago, IL
- $30,470,332
Offices and registration details
Besides its headquarters, Angelo, Gordon & Co. has 18 offices, with 19 listed addresses in the U.S. and abroad.
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
International offices
- 83 CLEMENCEAU AVENUE, SINGAPORE, 239920, Singapore
- 111 - 115 ALBION STREET, SYDNEY, NSW 2010, Australia
- ROPPONGI HILLS MORI TOWER 17TH FL, TOKYO, 106-6117, Japan
- 72 VIJZELSTRAAT, AMSTERDAM, 1017 HL, Netherlands
- 1 TAUNUSTOR, FRANKFURT, 60310, Germany
- ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE, HONG KONG, Hong Kong
- 1 VIA SAN RAFFAELE, MILAN, 20121, Italy
- 9F A TOWER, K TWIN TOWERS, SEOUL, 03142, Korea, South
- UNIT 5, LEVEL 7, AL MARYAH TOWER, ADGM SQUARE, ABU DHABI, United Arab Emirates
- GATE BUILDING FLOOR 15 UNIT 7, DUBAI, United Arab Emirates
- 5TH FLOOR, PARK HOUSE, LONDON, W1K6AF, United Kingdom
Registration details
- Legal name
- Angelo, Gordon & Co., L.P.
- Headquarters
- 245 Park Avenue, 26th Floor, New York, NY 10167
- @tpg-angelo-gordon
- SEC file
- 801-34300
- Structure
- Delaware limited partnership
- Fiscal year end
- December
- State notice filings
- 6 jurisdictions, most recently 28 March 2025
Notice filing jurisdictions
- California
- Notice Filed · 31 March 2011
- District of Columbia
- Notice Filed · 28 March 2024
- Florida
- Notice Filed · 28 March 2025
- Illinois
- Notice Filed · 31 March 2011
- New York
- Notice Filed · 31 March 2005
- Texas
- Notice Filed · 28 March 2024
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 & Co. have?
Angelo, Gordon & Co. 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 & Co. offer?
Angelo, Gordon & Co. provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Angelo, Gordon & Co. use?
Angelo, Gordon & Co.’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 & Co. have?
Angelo, Gordon & Co. has 0 investment adviser representatives registered with state securities authorities, out of 1,096 employees, and 389 perform investment advisory functions. 115 employees are registered representatives of a broker-dealer and 0 employees 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 & Co. invest in?
At the end of its last fiscal year, Angelo, Gordon & Co.’s separately managed accounts held 96% other and 4% cash and equivalents. The 96% other category is described as: MBS/Abs Cdo/Clo Loans Receivables Accrued Interests/Dividends Unfunded Commitments. 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 & Co.?
Angelo, Gordon & Co. 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 & Co. get paid?
Angelo, Gordon & Co. 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