ATLANTA--(BUSINESS WIRE)--Angel Oak Capital Advisors, LLC (Angel Oak) announced it has surpassed $7 billion in assets under management across its platform. Since the firm’s inception in 2008 amid the housing crisis, Angel Oak continues to establish itself as a market leader in mortgage credit through several recent milestones:
- New records broken for growth, including a 28% year-over-year increase in assets under management (between July 31, 2016 and July 31, 2017).
- Completion of two rated non-QM securitizations this year (AOMT 2017-1 and AOMT 2017-2) totaling approximately $357 million.
- Continued expansion of its institutional investor base both domestically and abroad through its mutual funds, UCITS and private placement vehicles.
- Key additions to its distribution team in high growth markets: Joseph Tramazzo in Florida and Puerto Rico, Tegan Call in Southern California and Matthew Werner in New York and New Jersey. Tramazzo and Werner were formerly with JP Morgan, while Call joins the team from PIMCO.
“We saw opportunities and value in an asset class that had been shunned by many investors amid the housing crisis. Our continued success can be attributed to our focused efforts on exploiting dislocations in the mortgage credit markets,” says Co-CEO Sreeni Prabhu.
About Angel Oak Capital Advisors, LLC
Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed income investment solutions for its clients. Backed by a value-driven approach, Angel Oak Capital Advisors seeks to deliver attractive risk-adjusted returns through a combination of stable current income and price appreciation. Its experienced investment team seeks the best opportunities in fixed income with a specialization in mortgage-backed securities and other areas of structured credit.
As of July 31, 2017, Angel Oak Capital had approximately $7.1 billion in assets under management across its mutual funds, private funds and separately managed accounts.
For more information, please visit www.angeloakcapital.com