Sunil Kothari Joins Angelo Gordon as Managing Director, Residential & Consumer Debt

NEW YORK–(BUSINESS WIRE)–Angelo, Gordon & Co., L.P. (“Angelo Gordon” or the “Firm”), a $33
billion alternative investment firm focused on credit and real estate
investing, today announced that Sunil Kothari has joined the Firm as a
Managing Director. In this role, Mr. Kothari is responsible for
originating and executing on residential and consumer debt investment
opportunities across Europe. Based in London, Mr. Kothari reports to
T.J. Durkin, Co-Head of Structured Credit at Angelo Gordon.

Mr. Kothari most recently served as Executive Vice President, Portfolio
Manager at PIMCO Europe Ltd, where he was head of the European ABS and
covered bond desks and led acquisitions of whole loan portfolios for
fixed income and alternatives strategies.

“Sunil is a seasoned executive whose extensive knowledge of European
mortgage and asset-backed markets will be key as we grow our Residential
& Consumer Debt team outside the U.S.,” said Mr. Durkin. “As the local
regulatory environment evolves and the pace of central bank stimulus
subsides, Sunil’s significant industry and originations experience will
support and enhance our international operations going forward.”

Mr. Kothari added, “Angelo Gordon has a skilled Residential & Consumer
Debt group, and I look forward to working with T.J. and his entire team.”

Prior to his role in Europe, Mr. Kothari served as a Vice President on
PIMCO’s U.S. structured credit team, where he focused on consumer ABS
and 2^nd lien non-agency RMBS. In this role, he also served as
the lead ABS analyst for PIMCO’s mandate as Collateral Monitor to the
Term Asset-Backed Securities Loan Facility Program (TALF), advising the
Federal Reserve Bank of New York on new issue consumer ABS and providing
ongoing surveillance for the Program.

Established in 2008, Angelo Gordon’s Residential & Consumer Debt
platform employs extensive proprietary models to identify attractive
investments across the multi-trillion dollar residential and consumer
debt markets. Angelo Gordon’s Residential & Consumer Debt business
currently manages approximately $4.4 billion of equity and primarily
invests in U.S. and select international mortgage and asset-backed
markets, along with other related asset classes.

ABOUT ANGELO, GORDON & CO., L.P.

Angelo, Gordon & Co., L.P. (“Angelo Gordon”) is a privately held limited
partnership founded in November 1988. The Firm currently manages
approximately $33 billion with a primary focus on credit and real estate
strategies. Angelo Gordon has 510 employees, including nearly 210
investment professionals, and is headquartered in New York, with
associated offices elsewhere in the U.S., Europe, and Asia. For more
information, visit www.angelogordon.com.

Contacts

MEDIA
Kaitlin Bilby
(212) 692-8231
Media@angelogordon.com

Amanda Klein/Kevin FitzGerald
Gasthalter & Co.
(212)
257-4170