Fort Worth’s TPG paying $2.7 billion to buy property investor Angelo Gordon

United States News News

Fort Worth’s TPG paying $2.7 billion to buy property investor Angelo Gordon
United States Latest News,United States Headlines
  • 📰 dallasnews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Fort Worth-based TPG paying $2.7 billion for international investor Angelo Gordon.

TPG, which has main offices in Fort Worth and San Francisco, is acquiring the company in a cash and stock transaction.

“Following more than a year of building relationships between the leadership teams of both organizations, we are confident the combination represents a strong strategic and cultural fit and will create additional opportunities for employees of both firms.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

dallasnews /  🏆 18. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TPG buying alternative manager Angelo Gordon for $2.7 blnTPG buying alternative manager Angelo Gordon for $2.7 blnTPG Inc. said Monday it agreed to pay $2.7 billion for Angelo Gordon, a New York City-based private credit and real estate investment firm with $73 billion...
Read more »

Breakingviews - TPG returns to credit party fashionably lateBreakingviews - TPG returns to credit party fashionably lateTPG is taking a page from bigger rivals’ books – one it previously tore out. The buyout firm is acquiring Angelo Gordon, an asset manager that specializes in private credit, for $2.7 billion, it said on Monday. It will make TPG look more like giant peers Blackstone and KKR , and is a return to a market that TPG left when it spun out its own credit-focused business in 2020. While the wave of private lending that marked the last couple of years is now receding, TPG ought to be well positioned to catch the next one.
Read more »

Fort Hood renamed to Fort Cavazos after Hispanic 4-star generalFort Hood renamed to Fort Cavazos after Hispanic 4-star generalFORT CAVAZOS, Texas — The U.S. Army base formerly known as Fort Hood in central Texas was officially changed to Fort Cavazos on Tuesday during a ceremony at the III Armored Corps Headquarters in honor of the first Latino four-star general in the Army, Gen. Richard Edward Cavazos.
Read more »

Australia's InvoCare gets higher $1.3 bln offer from TPG, shares jumpAustralia's InvoCare gets higher $1.3 bln offer from TPG, shares jumpAustralia's InvoCare Ltd said on Monday it had received a higher A$1.86 billion ($1.26 billion) offer from TPG Global, weeks after the private equity firm revoked its A$1.81 billion pursuit for the funeral services provider.
Read more »

How a Military Base’s New Name Honors a Military Spouse and MotherHow a Military Base’s New Name Honors a Military Spouse and MotherFORT MOORE, Ga. — Lt. Gen. Harold G. Moore commanded troops in the first major battle of the Vietnam War, a role depicted in a book and a movie. His wife, Julia, was a champion for military spouses and changed the way next of kin are notified when a service member is killed. In their honor, Fort Benning in Georgia officially became Fort Moore on Thursday as the Defense Department removes Confederate names and symbols from military property. Fort Moore is the only base named for a married couple.
Read more »

Lakers’ D’Angelo Russell quickly caught trying to promote Coco5 drink againLakers’ D’Angelo Russell quickly caught trying to promote Coco5 drink againIf you fail once, try, try again. D’Angelo Russell did just that in another failed attempt to sneak his Coco5 drink, his partner, into a postgame press conference.
Read more »



Render Time: 2025-02-22 10:34:56