PIMCO has appointed Jennifer Bridwell as head of Alternatives Product Development, which is an expansion of her current role as Managing Director and Head of Mortgage Strategies Development for the firm.
Ms. Bridwell has been with PIMCO since 2005 and is based in the firm’s Newport Beach office.
'PIMCO has built over a number of years a large and very successful alternatives business that includes hedge funds and private strategies', said Douglas M. Hodge, PIMCO’s Chief Operating Officer. '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’s alternatives platform includes several hedge funds and private equity or distressed strategies, with total investor assets of approximately $16bn. More than 165 investment professionals throughout the firm contribute to PIMCO’s alternatives business, including portfolio managers, credit analysts, product managers, and client facing personnel located in the Newport Beach, New York, London, Munich, Hong Kong, Singapore, Tokyo and Sydney offices. The firm’s alternatives strategies benefit from PIMCO’s global resources and investment process and are managed by specialty groups with asset-level insights and significant experience in alternative assets.
'Our approach to delivering value in alternatives is to develop durable strategies where PIMCO has established expertise and capabilities that capitalize on market opportunities for our clients', said Ms. Bridwell.
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