Angelo Gordon & Co. added two senior executives to its structured credit team, a company spokeswoman confirmed in an email.
Nicholas Smith and Rodney Hutter have joined the firm as managing directors.
Mr. Smith will lead Angelo Gordon's whole loan business, while Mr. Hutter will be responsible for private credit origination at the firm. Both will be based in New York and report to T.J. Durkin, Angelo Gordon's co-head of structured credit.
Mr. Smith was head of non-agency residential mortgage trading and asset-backed securities trading at Bank of America Securities, while Mr. Hutter was managing director and head of originations in the structured lending group at Waterfall Asset Management. Representatives from Bank of America and Waterfall could not be immediately reached for additional information.
Angelo Gordon manages roughly $43 billion in assets.