Angelo Gordon hires four to new Angelo Gordon Energy Team in Houston

By Tali David

Minneapolis, Oct. 24 - Angelo, Gordon & Co., LP announced the hiring of the new Angelo Gordon Energy Team. It is comprised of four professionals and located in Houston, according to a press release.

The team will be led by Todd Dittmann.

Dittmann has more than 20 years of experience as an investment and finance professional focusing on the energy industry, the release said. This includes the closing of about 85 senior secured, mezzanine, equity and other investments completed as a principal investor or lender.

"We recognize the opportunity to invest in capital-intensive energy companies that are consistently underserved by more traditional capital markets, with a particular focus on senior and junior secured debt investments," Dittmann said in the news release.

"Although we will consider larger transactions, our focus will be on making loans in a size range of $20 million to $60 million."

The team Dittmann assembled includes Damon Putman, managing director; David Taylor, managing director; and Paul Gottheim, associate.

Putman was recently chief financial officer of a private energy company. Taylor is a registered professional engineer and was recently a partner in an energy investment banking boutique and its associated investment practice. Both Putman and Taylor have been involved in the sourcing, evaluation and closing of more than 50 senior secured, mezzanine and equity investments, the firm said.

Angelo Gordon is a New York City-based alternative investment manager.

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