PIMCO was founded in Newport Beach, California in 1971. PIMCO is a global investment solutions provider with more than 1,800 dedicated professionals in 10 countries focused on a single mission: to manage risks and deliver returns for our clients. PIMCO started as a subsidiary of Pacific Life Insu…
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PIMCO was founded in Newport Beach, California in 1971. PIMCO is a global investment solutions provider with more than 1,800 dedicated professionals in 10 countries focused on a single mission: to manage risks and deliver returns for our clients. PIMCO started as a subsidiary of Pacific Life Insurance Company to manage separate accounts for institutional clients. Today, PIMCO has offices in Newport Beach, New York, Amsterdam, Singapore, Tokyo, London, Sydney, Munich, Zurich, Toronto and Hong Kong.
In 2000, PIMCO was acquired by Allianz SE (“Allianz”), a large global financial services company based in Germany. PIMCO operates as a separate and autonomous subsidiary of Allianz.
PIMCO has enjoyed a stable organization throughout its 40-year history, and has retained key professionals in part due to strong financial incentives. Many of the professionals who were instrumental in PIMCO’s founding and subsequent growth are still active in its management.