Bloomberg – Angelo, Gordon & Co., the manager of $23 billion of investments in fixed income, real estate, buyout and hedge funds, won a $100 million pledge from Oregon’s state pension for an Asian property fund.
The Oregon Investment Council, which oversees about $65 billion in retirement accounts for state workers, voted today to invest in the $600 million AG Asia Realty Fund II LP. Most of the fund’s investments will be in China, while Japan will get about 30 percent and South Korea 10 to 15 percent, said Keith Barket, senior managing director for Angelo, Gordon.
