Angelo Gordon Profits In Q2 From Tanker Take-Private Deal

Angelo Gordon’s Super Fund International Partners, LP posted a gain of 6.88% in the second quarter of 2020, bringing its year-to-date performance to -9.8% according to a copy of the firm’s second-quarter letter, which ValueWalk has been able to review. Founded in November 1988 by John M. Angelo and Michael L. Gordon, the $35 billion alternative investment firm noted in its letter that most of its second-quarter gains come from specific idiosyncratic events, rather than market beta. The firm was able to take advantage of the high demand from investors for alternative investment strategies earlier this year. In July, the…