Angelo Gordon Raises more than $1.5bn

The investment firm holds a final close on its AG Europe Realty Fund III.

Fund name: AG Europe Realty Fund III
Amount raised: $1.5 billion
Stage of fundraising: Final close
Final close date: July 2020

Angelo Gordon has held a final close on its AG Europe Realty Fund III, raising an amount significantly above its $1.2 billion dollar target. The fund will target value-add opportunities and will focus on underperforming assets. It will invest in the UK, the Nordics and other parts of western Europe.