PIMCO Announces Paul Vosper Joins Firm as Executive Vice President and Real Estate Strategist

NEWPORT BEACH, CA--(Marketwired - Jul 25, 2016) -  PIMCO, a leading global investment management firm, announces that Paul Vosper has joined the firm as an Executive Vice President and Real Estate Strategist. Mr. Vosper is based in the firm's New York office and reports to Jennifer Bridwell, Managing Director and Global Head of PIMCO's Alternative Products.

Mr. Vosper joins PIMCO's established real estate team of 49 investment professionals globally and his hiring is part of the continued expansion of the firm's Alternatives investment platform.

"With more than 24 years of experience as a real estate investment professional, Paul brings significant experience and knowledge to our business and will enhance our ability to provide investment opportunities for our clients," said Ms. Bridwell.

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 opportunistic real estate, mortgage and corporate credit strategies.

As of March 31, 2016, PIMCO managed approximately $25 billion in alternative strategies, including $9.2 billion in opportunistic real estate strategies worldwide.

"PIMCO will continue to use its considerable resources to hire the best industry talent globally. Already this year, we have hired more than 140 new employees, including more than 30 investment professionals across many areas including alternatives, client analytics, mortgages, real estate and macroeconomics," said Dan Ivascyn, Managing Director and PIMCO's Group Chief Investment Officer.

Professional Biography

Paul Vosper:
Mr. Vosper is an Executive Vice President and Real Estate Strategist in the New York office. Prior to joining PIMCO, he held roles at Morgan Stanley as a Co-Head and Chief Operating Officer for Alternative Investment Partners ("AIP") responsible for AIPs real estate investment strategies and developing real estate customized solutions for both institutional and private clients. At AIP, he also sat on the Investment Committee. During his career at Morgan Stanley, he worked on real estate transactions in Europe, Asia and the U.S., combining both public and private market experience. Previously, Paul served as Head of Client Relations EMEA for Deutsche Bank RREEF. He was also a Managing Director, Real Estate Investing at Alliance Bernstein. Mr. Vosper holds Juris Doctor and Master's Degrees in Comparative & International law from Duke Law School. He also holds a Bachelor of Arts Degree in International Politics, Law and Organization from Georgetown University.

About PIMCO
PIMCO is a leading global investment management firm, with 13 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 statements.