Angel Oak Capital Crosses $7 Billion in Assets Under Management (AUM)

09/12/17

ATLANTA — September 12, 2017 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.