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

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of