Angelo Gordon

ANYWHERE APPOINTS JOE LENZ TO BOARD OF DIRECTORS

Retrieved on: 
Thursday, February 8, 2024

MADISON, N.J., Feb. 8, 2024 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS) ("Anywhere" and the "Company"), a global leader in residential real estate, today announced the appointment of Joseph Z. Lenz to its Board of Directors, effective February 13, 2024. Lenz is currently a Managing Director and Co-Head of Research of Credit Solutions at Angelo Gordon & Co., L.P. ("TPG Angelo Gordon"). With this appointment, the Anywhere Board will expand from 12 to 13 directors, 12 of whom are classified as independent directors for purposes of the listing standards of the New York Stock Exchange.

Key Points: 
  • Lenz is currently a Managing Director and Co-Head of Research of Credit Solutions at Angelo Gordon & Co., L.P. ("TPG Angelo Gordon").
  • With this appointment, the Anywhere Board will expand from 12 to 13 directors, 12 of whom are classified as independent directors for purposes of the listing standards of the New York Stock Exchange.
  • "We are pleased to welcome Joe Lenz to the Anywhere Board of Directors.
  • Lenz has distinguished public company Board experience, previously serving as a board member and member of the Compensation Committee of Northern Oil & Gas.

Vantiva appoints new Directors and Chairman to Board of Directors following strategic acquisition of CommScope Home Networks

Retrieved on: 
Thursday, February 8, 2024

Brian Shearer’s appointment follows the appointment of representatives of TPG Angelo Gordon and CommScope Company Inc. (“CommScope”), Nicola Mueller and Krista Bowen, respectively, who were elected to the Board at the last General Meeting.

Key Points: 
  • Brian Shearer’s appointment follows the appointment of representatives of TPG Angelo Gordon and CommScope Company Inc. (“CommScope”), Nicola Mueller and Krista Bowen, respectively, who were elected to the Board at the last General Meeting.
  • Vantiva also announced the appointment of Barclays Bank Ireland Plc, represented by Shabab Ditta, as Board Observer.
  • Brian Shearer replaces Richard Moat, who stepped down after a long tenure to allow, and in support of, a change in strategic direction following successful completion of the CommScope Home Networks acquisition.
  • Krista Bowen will bring over 25 years of legal experience to the Board in addition to a wealth of knowledge on CommScope Home Networks.

Regulatory Consultant Iron Road Partners Bolsters Team; Hires Compliance Executive Noah Levine, Promotes Paul McGowan to Partner

Retrieved on: 
Monday, January 8, 2024

NEW YORK, Jan. 8, 2024 /PRNewswire/ -- Iron Road Partners, a regulatory consulting firm serving the investment management industry, today announced the appointment of Noah Levine as director, effective Jan. 2, and the promotion of Paul McGowan to partner, overseeing the firm's regulatory compliance services.

Key Points: 
  • NEW YORK, Jan. 8, 2024 /PRNewswire/ -- Iron Road Partners, a regulatory consulting firm serving the investment management industry, today announced the appointment of Noah Levine as director, effective Jan. 2, and the promotion of Paul McGowan to partner, overseeing the firm's regulatory compliance services.
  • He now leads Iron Road's regulatory compliance offering to investment managers, including regulatory testing, investment adviser annual reviews, core compliance and outsourced reviews of marketing and advertising.
  • "Iron Road experienced strong growth in 2023 amid increasing regulatory uncertainty for asset managers," said Founder and Managing Partner Igor Rozenblit.
  • Iron Road Partners offers regulatory compliance and advisory services and partners with in-house compliance departments to address the growing strategic and operational challenges faced by asset managers in an increasingly complex regulatory landscape.

Bridge Growth Partners Appoints Garrett Walls as Senior Advisor

Retrieved on: 
Monday, January 8, 2024

Bridge Growth Partners, LLC, a leading technology investment firm, today announced that it has appointed Garrett Walls, former Global Head of Investor Relations at Angelo Gordon, as a Senior Advisor.

Key Points: 
  • Bridge Growth Partners, LLC, a leading technology investment firm, today announced that it has appointed Garrett Walls, former Global Head of Investor Relations at Angelo Gordon, as a Senior Advisor.
  • Walls will bring his deep knowledge of investors in private equity and other alternative investments to advise Bridge Growth on its capital strategies.
  • Alok Singh, CEO of Bridge Growth Partners, said, “Garrett is an industry veteran with a resume that speaks for itself.
  • Walls.

TPG Expands Board of Directors

Retrieved on: 
Friday, December 15, 2023

TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, announced today that Nehal Raj, Jeffrey Rhodes, and Josh Baumgarten have joined the firm’s Board of Directors.

Key Points: 
  • TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, announced today that Nehal Raj, Jeffrey Rhodes, and Josh Baumgarten have joined the firm’s Board of Directors.
  • Raj and Rhodes serve as Co-Managing Partners of TPG Capital, the firm’s U.S. and European private equity business, and Baumgarten, as Co-Managing Partner of TPG Angelo Gordon, the firm’s diversified credit and real estate investing platform.
  • “On behalf of the board and leadership team, we are pleased to welcome Nehal, Jeff, and Josh to the TPG board,” said Jon Winkelried, CEO of TPG.
  • Baumgarten brings more than 20 years of experience in credit investing, business-building, and firm management to the TPG board.

Roofstock Welcomes Andrew Schaffler as Chief Investment Officer

Retrieved on: 
Wednesday, December 6, 2023

Roofstock, a leading real estate services and investment platform specializing in the single-family rental (SFR) sector, is thrilled to announce the appointment of Andrew Schaffler as Chief Investment Officer.

Key Points: 
  • Roofstock, a leading real estate services and investment platform specializing in the single-family rental (SFR) sector, is thrilled to announce the appointment of Andrew Schaffler as Chief Investment Officer.
  • In this strategic role, Mr. Schaffler will lead the investment team for Roofstock Capital Management and execute research-driven fund strategies in the SFR and build-to-rent sectors.
  • "I am excited to join Roofstock and lead the fund investment team at this pivotal time for the SFR industry," said Mr. Schaffler.
  • "We are delighted to welcome Andrew Schaffler to Roofstock as our Chief Investment Officer," said Gary Beasley, CEO and co-founder of Roofstock.

Arc Home Appoints Brian Devlin as New President

Retrieved on: 
Tuesday, October 31, 2023

MOUNT LAUREL, N.J., Oct. 31, 2023 /PRNewswire/ -- Arc Home LLC, a top-producing Non-QM and Non-Agency wholesale and correspondent lender, is excited to introduce Brian Devlin as President.

Key Points: 
  • MOUNT LAUREL, N.J., Oct. 31, 2023 /PRNewswire/ -- Arc Home LLC, a top-producing Non-QM and Non-Agency wholesale and correspondent lender, is excited to introduce Brian Devlin as President.
  • Additionally, Mr. Devlin is set to assume the role of CEO following a transition period with current CEO, Richard Bradfield, who is leaving the firm to embark on new opportunities.
  • Nicholas Smith, a Managing Director at Angelo Gordon, Manager of Arc Home's parent company, expressed his enthusiasm for the hire, saying, "Brian is an exceptional leader with a background and strategic vision that align perfectly with the goals of Arc Home.
  • On leading Arc Home, Brian added, "Joining Arc Home is an incredible opportunity to work with some of the best professionals in the mortgage industry.

AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation Announce Final Exchange Ratio for Proposed Merger

Retrieved on: 
Thursday, October 19, 2023

Cash will be paid in lieu of fractional shares of MITT common stock that would have been received as a result of the Merger.

Key Points: 
  • Cash will be paid in lieu of fractional shares of MITT common stock that would have been received as a result of the Merger.
  • The Merger Agreement has been approved by both companies’ boards of directors.
  • The completion of the Merger is subject to the satisfaction of certain customary conditions, including approval of the common stockholders of both MITT and WMC.
  • The companies currently expect the transaction to close on November 9, 2023.

AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation Announce Final Exchange Ratio for Proposed Merger

Retrieved on: 
Thursday, October 19, 2023

Any difference between $7,000,000 and such smaller amount will be used to benefit the combined company post-closing by offsetting reimbursable expenses that would otherwise be payable to MITT Manager.

Key Points: 
  • Any difference between $7,000,000 and such smaller amount will be used to benefit the combined company post-closing by offsetting reimbursable expenses that would otherwise be payable to MITT Manager.
  • Cash will be paid in lieu of fractional shares of MITT common stock that would have been received as a result of the Merger.
  • The Merger Agreement has been approved by both companies’ boards of directors.
  • The completion of the Merger is subject to the satisfaction of certain customary conditions, including approval of the common stockholders of both MITT and WMC.

Medical Office Building M&A Activity Decreases 23% in Q3:23, According to Data from LevinPro HC

Retrieved on: 
Tuesday, October 10, 2023

NEW CANAAN, Conn., Oct. 10, 2023 /PRNewswire-PRWeb/ -- Merger and acquisition activity in the Medical Office Building (MOB) sector decreased by 23% in Q3:23 compared with the previous quarter, with 44 publicly announced transactions, according to data captured in LevinPro HC. Additionally, the third quarter of 2023 saw a 27% drop in M&A activity compared with the year-ago quarter when 60 MOB acquisitions were announced.

Key Points: 
  • Activity in the Medical Office Building M&A market decreased in the third quarter of 2023, with 44 publicly announced transactions, according to data captured by LevinPro HC.
  • NEW CANAAN, Conn., Oct. 10, 2023 /PRNewswire-PRWeb/ -- Merger and acquisition activity in the Medical Office Building (MOB) sector decreased by 23% in Q3:23 compared with the previous quarter, with 44 publicly announced transactions, according to data captured in LevinPro HC.
  • Much of its future performance will depend on the Federal Reserve and how it handles the eventual decline in interest rates."
  • In Q3:23, a few select states saw a significant concentration of M&A activity in the MOB sector, as per data collected by LevinPro HC.