TPG in talk to buy out Angelo Gordon
Title above. Am very interested given that Sixth street was recently spin out and has been doing very well in the credit space. Does this imply that in the future if this goes through Angelo's distressed team may have a similar turnout to that of GSO?
I think the guy that caused the GSO thing is actually leading Angelo’s distressed team. I think this is very interesting for the distressed team. Going to be a a great seat for those that can hold onto it (small team already from what I understand)
Yep, Ryan Mollet. The guy who did the Hovnanian manufactured default for the CDS trade.
Have met Ryan multiple times - absolute beast.
interesting acquisition
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