Tuesday, 31 March 2015
Last updated 15 hours ago
Jun 28 2012 | 3:27am ET
Mutual fund giant Pacific Investment Management Co. is beefing up its alternative investments unit with a trio of hires.
The Newport Beach, Calif.-based firm, which manages about $16 billion in alternatives, has added Molly Hall, Neal Reiner and Jennifer Strickland. Reiner will serve as product manager for credit alternative strategies, while Hall and Strickland will serve as senior alternatives specialists.
"Our clients are looking for blue-chip managers who can consistently deliver value with an intense focus on managing downside risk," Jennifer Bridwell, head of alternatives at PIMCo since September, said. "Neal, Molly and Jennifer together have deep alternatives investment experience and will further enhance PIMCO's team of experienced and highly specialized alternatives investment professionals."
Hall joins PIMCo from Canyon Capital Advisors. Reiner was formerly with Gottex Fund Management and Strickland with BlueMountain Capital Management and HBK Capital Management.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…