Apollo's John Lane Joins PIMCO as Alternatives CFO

Jul 15 2015 | 1:24pm ET

PIMCO has hired John Lane as EVP and Global CFO for its $23 billion alternatives platform. 

Lane will be based in Newport Beach, CA, and will report to Jay Jacobs, managing director and PIMCO President, according to a press release. 

Lane will manage a global alternatives finance team of 20 professionals, brings more than two decades of alternatives experience to his new role.

Prior to joining PIMCO, Lane was the CFO of private equity and real estate for Apollo Global Management and served as CFO for Lehman Brothers’ private equity business. Early in his career, he was a member of the audit practice at PwC.

"We are thrilled to have John join the PIMCO alternatives team," said Jacobs. "His expertise in managing the financial infrastructure for alternative platforms will further strengthen PIMCO's position as a premier manager of hedge fund, real estate and private credit strategies."

PIMCO’s alternatives platform has grown substantially since its founding in 2004, going from a single hedge fund strategy to a complex of eight managing more than $23 billion. In the last eight years, the firm has launched and successfully managed seven alternative vehicles in real estate and private equity strategies.

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