Angelo Gordon is a privately held firm specializing in global alternative investments with an absolute return orientation. The firm was founded in 1988 and as of December 31, 2021 manages approximately $51 billion in assets. The firm manages capital across four investment categories: (i) corporate credit, (ii) direct lending, (iii) securitized products, and (iv) real estate. In each discipline, the firm seeks to generate absolute returns in all market environments and with less volatility than the overall markets, by exploiting market inefficiencies and capitalizing on situations that are not in the mainstream of investment opportunities. The firm is an SEC registered investment adviser.