NEWPORT BEACH, CA--(Marketwired - Sep 14, 2016) - PIMCO, a leading global investment management firm, is pleased to announce that the U.S. Chamber of Commerce Foundation named PIMCO a finalist in the 2016 Corporate Citizenship Awards, in the category of Best Economic Empowerment Program.
"We are honored to receive this recognition for our Emerging Enterprise Program," said Sarah Middleton, Executive Director, PIMCO Foundation. "We are privileged to partner with TechnoServe in this endeavor, and believe this program is a powerful initiative for developing our PIMCO colleagues as leaders to solve global challenges."
In 2016, the U.S. Chamber Foundation named PIMCO a finalist for the Corporate Citizenship Awards. The Citizens Awards honors excellence in corporate citizenship. Over the past 17 years, some of the most accomplished social and community initiatives within the business sector have been recognized through the Citizens Awards.
"PIMCO harnesses the power of its employees to help grow emerging markets around the world," said Marc DeCourcey, senior vice president of the U.S. Chamber of Commerce Foundation Corporate Citizenship Center. "It's an honor to showcase their partnership with TechnoServe. It's just one of the ways PIMCO helps communities around the world."
The winners of the 2016 Citizens Awards will be announced on November 17 at a ceremony in Washington, D.C. Learn more about the awards program here.
About The PIMCO Foundation
The PIMCO Foundation is the philanthropic arm of PIMCO, based in Newport Beach, California, which helps people around the world to reach their full potential by engaging, empowering and investing in communities. It carries out its mission by identifying areas of urgent community need and volunteering time and financial resources to support high impact projects and programs; through education with a focus on early childhood education and college access for students, and by investing in organizations that promote gender equality and financial empowerment for women and girls. The Foundation's website can be accessed directly at www.pimco.com/pimcofoundation and its Twitter, Instagram and Facebook feeds are @PIMCOFoundation.
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.
About The U.S. Chamber of Commerce Foundation
The U.S. Chamber of Commerce Foundation is dedicated to strengthening America's long-term competitiveness. We educate the public on the conditions necessary for business and communities to thrive, how business positively impacts communities, and emerging issues and creative solutions that will shape the future. The U.S .Chamber of Commerce is the world's largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.
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.