PIMCo Nabs Ex-Citadel I-Bank Research Chief

Feb 23 2011 | 6:37am ET

Mutual fund giant Pacific Investment Management Co. has hired a former executive of Citadel Investment Group's investment banking unit to lead its analytics effort.

Ravi Mattu will start as a managing director at the California firm next month, PIMCo said, reporting directly to CEO Mohamed El-Erian. Most recently, Mattu was head of research and strategy at Citadel Securities, leaving in July. Mattu is just one of a long series of high-level executives to leave the group in recent years.

"Ravi's mandate is to expand our state-of-the-art analytics solutions for PIMCO's clients," El-Erian and Bill Gross, the firm's co-chief investment officers, said. "Having a word-class integrated analytics framework has been key to PIMCo's success, and remains so."

Mattu, who will be based at PIMCo's Newport Beach headquarters, takes over for William de Leon, global head of portfolio risk management, who currently leads the analytics group on an interim basis.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note