Hints and tips:
...Revlon used a drop-down to borrow from a group led by Angelo Gordon....
...When they were founded, the likes of Kuvare, Canyon and Angelo Gordon did not occupy the most glamorous corners of Wall Street. Slow, steady and humdrum is having its day in the sun....
...TPG has agreed a $2.7bn deal for debt manager Angelo Gordon as the US private equity group diversifies its investment operations into credit based investments....
...Adam D’Angelo, chief executive of question-and-answer platform Quora, will remain a board member....
...Private credit stalwarts including Apollo, Oaktree, Angelo Gordon and a handful of others can then seize control, moving from creditors to owners....
...The acquisition of New York-based Angelo Gordon, one of the largest investors in private credit markets and a savvy distressed debt player, will be predominantly made in stock....
...In November, TPG acquired credit investment group Angelo Gordon for $2.7bn, while KKR earlier this year took full ownership of insurer Global Atlantic, purchasing a remaining 37 per cent stake at a valuation...
...In Gordon Gekko, “he was creating a charismatic villain, but a villain”, she says. “At the time, it was refreshing to see that.”...
...TPG, which went public in 2022, recently used its stock to help finance the $2.7bn purchase of credit manager Angelo Gordon....
...That question is prompted by the plan of buyout titan TPG to spend $2.7bn in cash and stock on the specialist credit and real estate manager Angelo Gordon....
...Serta and Angelo Gordon did not immediately respond to requests for comment....
...A US judge has dealt a blow to Apollo Global Management, Angelo Gordon and other big creditors in the bankruptcy of mattress maker Serta Simmons Bedding, in a ruling that could settle a fierce dispute on...
...Critics say Angelo Gordon is simply being too cute-by-a-half by asserting a difference in Revlon and Serta transactions....
...The 245 Park building was built in 1967 and hosts businesses including the investment managers Ares Capital and Angelo Gordon....
...Angelo Gordon and Apollo had challenged Serta Simmons and the majority lenders who led the refinancing....
...But by early this year, KKR decided even with all the brain damage — its creditors include the likes of Angelo Gordon, Centerbridge, Pimco and Strategic Value Partners — it was time to hand over the keys...
...The new AmSurg $1.1bn senior loan was provided by Angelo Gordon, Centerbridge Partners and Pimco....
...Among the most interesting parts of TPG’s argument was that its own IPO and $2.7bn purchase of private credit investor Angelo Gordon made it uniquely qualified to see through a transition to a new profit...
...Another group of creditors led by Angelo Gordon, which loaned Revlon $880mn in May 2020, will receive that money back in full and roughly 60 cents on the dollar for earlier loans that they also provided....
...Days earlier, TPG struck a $2.7bn deal to buy privately held distressed debt giant Angelo Gordon, underscoring a wave of consolidation in private markets....
...Other holders of the company’s loans, including Angelo Gordon and Apollo Global Management, were pushed further back in the queue to be repaid and the value of the loans they held crashed when Serta ultimately...
...Unsurprisingly, the stranded minority lenders, including titans such as Angelo Gordon and Apollo Global Management, sued....
...Vatican cardinal goes on trial Giovanni Angelo Becciu will become the first cardinal to face trial for financial crimes in the Vatican’s criminal court today....
...Chef Angelo Sato is ambitious. At 17, he flew from Tokyo to London with £300 in his pocket and hung around outside Restaurant Gordon Ramsay until chef Clare Smyth gave him a job....
...(FT) Vatican cardinal resigns Cardinal Giovanni Angelo Becciu, one of the Vatican’s most powerful cardinals, resigned suddenly on Thursday amid an ongoing investigation into the suspected misuse of Catholic...
International Edition