Angelo, Gordon & Co., L.P. , a $33 billion alternative investment firm focused on credit and real estate investing, 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.
 
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.”
 
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 2nd 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.