It has been a busy year for asset management group Angelo, Gordon & Co. The alternative investment firm, which manages a total of $35 billion for clients, has moved quickly to take advantage of opportunities resulting from the pandemic.
Q3 2020 hedge fund letters, conferences and more
In June, it was reported that the hedge fund group was looking to raise as much as $1.5 billion from investors to buy the debt of distressed oil and gas companies. That followed a $1.8 billion fundraising in February for another distressed debt fund.
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