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

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...