NEWPORT BEACH, CA--(Marketwired - Dec 21, 2016) - PIMCO, a leading global investment management firm, has appointed Jeffrey Thompson, an Executive Vice President and Portfolio Manager, to join its commercial real estate team as the firm continues its expansion of its global alternatives investment platform.
In this new role, Mr. Thompson will be joining an established commercial real estate platform where he will focus on CRE lending opportunities which is an important area of growth. He will be based in the firm's New York office and will report to PIMCO's Co-heads of U.S Commercial Real Estate, John Murray, Managing Director and Portfolio Manager and Devin Chen, Executive Vice President and Portfolio Manager.
"Jeffrey brings more than 20 years of experience as an investment professional to our accomplished commercial real estate team, which continues to find significant investment opportunities in this space globally," said Mr. Murray.
"We are excited to welcome Jeffrey to the team. As a tested portfolio manager in commercial real estate and private credit, Jeffrey's hire further demonstrates the strength of talent and expertise we have at PIMCO," said Mr. Chen.
Globally, PIMCO's alternatives offerings span a range of strategies with more than 100 investment professionals overseeing hedge fund and opportunistic/distressed strategies, including global macro, credit relative value, multi-asset volatility, and distressed mortgage, real estate and corporate credit opportunities.
"PIMCO continues to look to attract the best investment talent globally and has hired more than 210 new employees this year including more than 40 investment professionals across alternatives, client analytics, emerging markets, mortgages, real estate and macroeconomics," says Dan Ivascyn, Managing Director and PIMCO's Group Chief Investment Officer.
Jeffrey Thompson is an Executive Vice President and Portfolio Manager in the New York office. Prior to joining PIMCO, he was a Managing Director and Co-Head of the Commercial Real Estate Group at Annaly Capital Management where he managed an origination team investing in commercial real estate debt and equity as well as the asset management and underwriting groups. Prior to his time at Annaly Capital Management, he spent 20 years at GE Capital, investing in and lending to institutional private equity commercial real estate clients. Mr. Thompson has a B.A. from the University of Toronto.
PIMCO is a leading global investment management firm, with 12 offices in 11 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.
Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.