PIMCo Names Alts. Product Development Chief

Sep 29 2011 | 10:55am ET

Pacific Investment Management Co., one of the world's largest asset managers, has named Jennifer Bridwell to build its hedge fund business.

Bridwell was appointed head of alternatives product development at the $1.3 trillion firm. PIMCo has been aggressively adding hedge funds and distressed-debt funds to its traditional bond products in recent years.

Bridwell had been head of mortgage strategies development at PIMCo, a role she will continue in. She has been with the firm since 2005.

"PIMCo has built over a number of years a large and very successful alternatives business that includes hedge funds and private strategies," Douglas Hodge, chief operating officer, said. "Jennifer's deep knowledge and experience in the alternatives space will enable us to marshal the full range of PIMCo's resources to develop and manage investment solutions that deliver value to our clients."

PIMCo has about $16 billion in alternative investment assets.


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note