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TPG Angelo Gordon Credit Fund Makes First Foray into Market with Uijeongbu and Busan Namcheon-dong Residential Development Business Loans

2024. 11. 21 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    TPG Angeo Gordon’s KRW 500 billion loan fund is making its first move. TPG Angelo Gordon recently received funds from CPPIB and established a credit fund in the form of an SMA to invest in the Korean market. The target annual rate of return is known to be around 10-15%. TPG Angelo Gordon has made its presence known, actively seeking opportunities in the Korean lending market, where traditional lenders have been avoiding risks and creating a gap for investors, by investing in the PF development project in Heonin Village and the officetel development project established last year. These successes played a big role in being selected by CPPIB […]

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