Weil is advising TPG Inc., a leading global alternative asset management firm, in its definitive agreement to acquire Angelo, Gordon & Co., L.P., a $73 billion alternative investment firm focused on credit and real estate investing, in a cash and equity transaction valued at approximately $2.7 billion.

The transaction is expected to close in the fourth quarter of 2023.

The Weil team advising TPG is led by Private Equity partners Brian Parness and Harvey Eisenberg. The team also includes M&A counsel Claudia Lai, Private Equity counsel Alex Miachika and associates Larissa Lucas, Cruz Wiles, Ryan Divers and Brayden Ringel, as well as M&A associates Parker Collins and Jeremiah Lee; Public Company Advisory Group Co-Head Lyuba Goltser, partner Kaitlin Descovich and associate Shira Barron; Banking & Finance partner Benton Lewis and associate Olivia Franzblau; Capital Markets partners Michael Hickey and Michael Stein and associates Emma McBride and Emily Marshall; and Antitrust counsel Alexis Brown-Reilly. The U.K. team includes Private Equity associate Margaret Babalola; and Tax, Benefits, and Executive Compensation counsel Kevin Donegan and Mila Kostadinova; and Employment counsel Thomas Weatherill and associate Edward Dickinson. Brussels Antitrust partner Niklas Maydell is also advising on the deal. The Germany team includes Private Equity counsel Florian Wessel and Antitrust associate Steffen Giolda. The Hong Kong team includes Private Equity/M&A partner Henry Ong and associates Jacky Sin and Sam Flood.