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

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note