NEWPORT BEACH, CA--(Marketwired - Aug 18, 2014) - PIMCO, a leading global investment management firm, has hired Mohsen Fahmi as Managing Director and Generalist Portfolio Manager focusing on global fixed income assets. He will report to Mihir Worah, Deputy Chief Investment Officer.
"Mohsen is a tremendous addition to our global portfolio management team," said Mr. Worah. "The breadth of his experience and his passion for investing will serve our clients well as they continue to expect PIMCO to deliver superior returns in a New Neutral world."
Mr. Fahmi is joining from Moore Capital Management where he served in various capacities, most recently as a senior portfolio manager. He will begin with PIMCO on September 2.
In addition to Mr. Fahmi, PIMCO has hired senior talent across its broad investment platform throughout this year, further strengthening capabilities in fixed income, asset allocation and alternatives in the United States and globally.
Recent hires include:
- Sudi Mariappa, Managing Director and Generalist Portfolio Manager
- Paul McCulley, Managing Director and Chief Economist, a new role for the firm
- Geraldine Sundstrom, Managing Director and Portfolio Manager who will assume a leadership role in asset allocation
- Rick Chan, Executive Vice President and Portfolio Manager focused on interest rate derivative strategies
- Jason Goldberg, Executive Vice President and Portfolio Manager focused on equity derivative strategies
- Harley Bassman, Executive Vice President and Portfolio Manager focused on volatility trading
- Ethan Schwartz, Executive Vice President and Portfolio Manager focused on distressed credit
Mr. Fahmi has spent eleven years at Moore Capital Management in both London and New York, serving in various capacities, most recently as a senior portfolio manager. His tenure at Moore included three years as its Chief Operating Officer. Prior to that, Mr. Fahmi worked for a number of investment banks including Salomon Brothers, Goldman Sachs and J.P. Morgan. He also held a number of positions at the World Bank where he actively managed its investment portfolios. Mr. Fahmi graduated from Ain Shams University in Cairo with a B.S. in Civil Engineering, Ohio State University with an M.S. in Civil Engineering and Stanford University with an MBA.
PIMCO is a leading global investment management firm, with offices in 12 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 statement.