Hilco Global and TPG Angelo Gordon to form a joint venture.

Hilco Global, a diversified financial services company, and TPG Angelo Gordon, an alternative investment firm focusing on credit and real estate strategies, agreed to form a joint venture aimed at identifying, acquiring, and financing consumer brands and intellectual property. Financial terms were not disclosed. "This partnership is an exciting opportunity for Hilco, allowing us to further build on our successful legacy in the consumer brand and licensing sectors. We look forward to leveraging our extensive network and strategic relationships across the consumer-retail sector as we work with TPG Angelo Gordon and Bluestar to execute on our strategy," Jeffrey Hecktman, Hilco Global Founder and CEO.