Angelo, Gordon & Co., L.P.
- Regulatory AUM
- $116B
- Discretionary
- $116B
- Clients
- 366
- Avg AUM / client
- $317M
- Accounts
- 366
- Employees
- 1,096
AUM over time
Annual snapshots from Form ADV filings · as of May 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 364 | $115B | 99.2% |
| Insurance companies | 2 | $911M | 0.79% |
Private funds (204)
View all →Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $92.4B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Tpg Ag Essential Housing Fund Iii Aggregator, L.P. master | Hedge Fund | Delaware | $12.8B | 27 |
| Ag Mortgage Value Partners Master Fund, L.P. master | Hedge Fund | Cayman Islands | $6.4B | 1,417 |
| Ag Essential Housing Company 2, L.P. | Hedge Fund | Delaware | $6.0B | 12 |
| Ag Direct Lending Fund Iv, L.P. | Hedge Fund | Delaware | $2.9B | 537 |
| Ag Credit Solutions Master Fund Ii A, L.P. master | Hedge Fund | Delaware | $2.6B | 1,664 |
| Ag Realty Value Fund X, L.P. | Hedge Fund | Delaware | $1.6B | 110 |
| Ag Csf2 A Dislocation Master Fund A, L.P. master | Hedge Fund | Delaware | $1.6B | 643 |
| Ag Essential Housing Fund Ii Aggregator, L.P. master | Hedge Fund | Delaware | $1.5B | 76 |
| Ag Direct Lending Fund Iii, L.P. | Hedge Fund | Delaware | $1.5B | 539 |
| Ag Asia Realty Fund Iv, L.P. master | Hedge Fund | Cayman Islands | $1.5B | 121 |
| Ag Direct Lending Fund (Tx), L.P. | Hedge Fund | Delaware | $1.5B | 2 |
| Ag Asia Realty Fund V, L.P. master | Hedge Fund | Cayman Islands | $1.4B | 84 |
| Ag Realty Value Fund Xi, L.P. | Hedge Fund | Delaware | $1.4B | 83 |
| Ag Europe Realty Fund Iii (Usd) Sub, L.P. master | Hedge Fund | Canada | $1.2B | 90 |
| Ag Direct Lending Fund V, L.P. master | Hedge Fund | Delaware | $1.2B | 269 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Operating Engineers' Local 324 Pension Fund Joint Board Of Trustees Operating Engineers Local 324 | 2024 | |
| Teamsters Local Union No. 115 Pension Plan Teamsters Local Union No.115 Pension Plan | 2024 | |
| Pension Fund For Hospital And Health Care Employees, Philadelphia And Vicinity Pension Fund For Hospital And Health Care Employees | 2024 | |
| U. S. Retirement Plan Mars, Incorporated | 2024 |
People (11)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Sigman, Brian, Chad | Chief Financial Officer | Jan 2019 (8y) | Less than 5% | |
| Stadelmaier, Frank, Emil | Chief Operating Officer | Jan 2019 (8y) | Less than 5% | |
| Moore, Christopher, D. | General Counsel | Apr 2020 (6y) | Less than 5% | |
| Baumgarten, Joshua, Sean | Head Of Credit | Nov 2023 (3y) | Less than 5% | |
| Davidson, Martin, Louis | Chief Accounting Officer | Nov 2023 (3y) | Less than 5% | |
| Garcia, Jean Baptiste | Vice President | Nov 2023 (3y) | Less than 5% | |
| Harris, Roberta, Joann | Chief Compliance Officer | Nov 2023 (3y) | Less than 5% | |
| Schwartz, Adam, Robert | Head Of Real Estate | Nov 2023 (3y) | Less than 5% | |
| Willmann, Steven, Andrew | Treasurer | Nov 2023 (3y) | Less than 5% | |
| David Nmn Bonderman | Registered representative | May 2024 (2y) | ||
| James George Coulter | Registered representative | May 2024 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Ag Gp Llc | General Partner | Mar 2021 | A | 75% or more |
| Tpg Operating Group Ii, L.P. | Managing Member | Nov 2023 | A | 75% or more |
| Tpg Operating Group Ii, L.P. | Managing Member | Nov 2023 | B | ≈ 56.25% – 100% via Ag Gp Llc |
| Tpg New Holdings, Llc | Limited Partner | Jan 2022 | B | ≈ 28.13% – 75% via Tpg Group Holdings (Sbs) L.P. |
| Tpg Partner Holdings, L.P. | Shareholder | Jan 2022 | B | ≈ 21.09% – 75% via Tpg New Holdings, Llc |
| Tpg Group Holdings (Sbs) L.P. | Limited Partner | Jan 2022 | B | ≈ 37.5% – 75% via Tpg Operating Group Ii, L.P. |
| Ag Gp Llc | General Partner | Nov 2023 | B | GP / trustee / elected manager of Tpg Operating Group Ii, L.P. (indirect) |
Estimated effective ownership (look-through of filed bands):
- Tpg Operating Group Ii, L.P.: 75% – 100% of Ag Gp Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Tpg New Holdings, Llc: 75% – 100% of Tpg Group Holdings (Sbs) L.P. × 50% – 75% of Tpg Operating Group Ii, L.P. × 75% – 100% direct ≈ 28.13% – 75% of the firm
- Tpg Partner Holdings, L.P.: 75% – 100% of Tpg New Holdings, Llc × 75% – 100% of Tpg Group Holdings (Sbs) L.P. × 50% – 75% of Tpg Operating Group Ii, L.P. × 75% – 100% direct ≈ 21.09% – 75% of the firm
- Tpg Group Holdings (Sbs) L.P.: 50% – 75% of Tpg Operating Group Ii, L.P. × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (204, $92.4B gross assets)
Top 25 of 204 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Retirement plans served (4)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Operating Engineers' Local 324 Pension Fund | Joint Board Of Trustees Operating Engineers Local 324 | 8,819 | $1.9B | 05/01/2024 |
| Teamsters Local Union No. 115 Pension Plan | Teamsters Local Union No.115 Pension Plan | 597 | $131M | 01/01/2024 |
| Pension Fund For Hospital And Health Care Employees, Philadelphia And Vicinity | Pension Fund For Hospital And Health Care Employees | 1,923 | $353M | 01/01/2024 |
| U. S. Retirement Plan | Mars, Incorporated | 8,193 | $5.1B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/29/2026 | 73.7 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • INVESTMENT CONSULTING FEES
Services
- • Portfolio management for pooled investment vehicles
- • Other services
Custody
Reported custodians
- U.S. Bank $1.2B (1% of AUM) May 2026
- State Street $1.1B (1% of AUM) Feb 2025
- BNY Mellon $719M (1% of AUM) May 2026
- Bank Of America, National Association $293M (0% of AUM) May 2026
- J.P. Morgan $103M (0% of AUM) Feb 2022
- Northern Trust $30.5M (0% of AUM) May 2026
- Citibank $20.4M (0% of AUM) Feb 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 29, 2026.
View current Form ADV (SEC/IAPD) ↗