Summer 2027

Alternatives Analyst Intern

Global Wealth Management

Posted on 8/19/2026

PIMCO

PIMCO

1,001-5,000 employees

Global asset management with fixed income

Compensation Overview

$43.26/hr

+ Discretionary bonus + Transition bonus

New York, NY, USA

In Person

Bachelor's

Category
Finance & Banking (1)
Required Skills
Macroeconomics
Excel/Numbers/Sheets

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Requirements
  • Pursuing an undergraduate degree.
  • Be able to begin full-time employment from a PIMCO office between January 2028 and August 2028.
  • Remain enrolled at a university during the Fall 2027 semester, from August 2027 through December 2027.
  • Have a minimum cumulative collegiate grade point average of 3.2 on a 4.0 scale, or the equivalent, at an accredited four-year college or university.
  • Be business proficient in English.
  • Have a strong interest in the financial markets, macroeconomics, and investment finance.
  • Be able to articulate ideas and strategies clearly, both verbally and in writing.
  • Be able to develop client relationships into strategic partnerships and have an interest in a client-facing career within finance.
  • Be able to multitask and handle several projects while delivering completed work within expected timelines.
  • Demonstrate a high level of proficiency with Microsoft Excel.
  • Demonstrate curiosity and experience using emerging technologies and artificial intelligence tools in work or school projects to solve problems and drive better outcomes.
Responsibilities
  • Support the Global Wealth Management Alternatives Group’s key strategic initiatives.
  • Contribute to educating, servicing, and growing the distribution of PIMCO’s alternative solutions across wealth markets.
  • Participate in the full 10-week internship program from early June to mid-August and remain available for its full duration.
  • Participate in PIMCO Fundamentals Training during the first week of the internship.
  • Participate in PIMCO’s Global Month of Volunteering.
  • Participate in cross-divisional education, networking, and social events.
  • Complete a cognitive assessment, one-way video interview, and final-round live video interviews, including behavioral and technical questions.
Desired Qualifications
  • Finance or capital markets coursework is recommended but not required.
  • Experience using emerging technologies and artificial intelligence tools in work or school projects.

PIMCO is a global investment management firm that provides financial solutions for institutions, financial professionals, and individual investors by managing assets across fixed income, equities, commodities, and real estate. Its core product is actively managed investment strategies designed to meet clients’ financial goals. The company earns fees from assets under management and, when benchmarks are surpassed, performance fees, using rigorous research, risk controls, and a deep understanding of global markets. Unlike firms that rely on a narrow focus, PIMCO combines expertise across multiple asset classes and maintains a large network of investment professionals to offer insights worldwide. Its goal is to deliver consistent, long-term results for a diverse client base, including pension funds, endowments, central banks, sovereign wealth funds, and individual investors, while growing assets under management.

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$564.6M

Headquarters

Newport Beach, California

Founded

1971

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Simplify's Take

What believers are saying

  • PIMCO drew €31.7 billion in second-quarter 2026 third-party inflows, despite market volatility.
  • Allianz raised its Pimco stake to at least 95% on July 31, 2026.
  • PIMCO's July 2026 UCITS ETF platform reached $8.9 billion assets across twelve strategies.

What critics are saying

  • PIMCO faces Brussels skyscraper litigation over alleged undue pressure on valuers on May 15, 2026.
  • Altisource keeps pursuing BlackRock and PIMCO in the Virgin Islands case for $18 billion.
  • PIMCO warned on June 10, 2026 that leveraged and private direct lending losses are rising.

What makes PIMCO unique

  • PIMCO dominates active fixed income, spanning public bonds, private credit, and structured finance.
  • PIMCO anchored Oracle's $16 billion Michigan data-center financing in April 2026.
  • PIMCO launched SPLS, GOVI, EUGO, and PCPI ETFs in 2026.

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Benefits

Performance Bonus

Company News

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Handelsblatt
Jul 31st, 2026
Allianz increases stake in Pimco to at least 95% for minimum $1.6B

Allianz is increasing its stake in US asset management subsidiary Pimco from 90.6% to at least 95%, investing a minimum of €1.4 billion. The Munich-based insurance giant has terminated an employee participation programme that was launched 18 years ago and expired in 2020, through which Pimco managers held a 9.4% stake in the bond fund specialist. The company announced the move on Thursday evening. Pimco specialises in bond funds and operates as a subsidiary of the German insurance group.

Forbes España
Jul 2nd, 2026
Pimco launches global fixed income fund with four-manager team

Pimco has launched the Pimco GIS Global Bond Opportunities Fund, a global fixed income fund within its Pimco GIS UCITS range. The vehicle focuses on the global bond market through allocation across regions, yield curves, sectors and currencies without tracking a bond market index. The fund will be managed by a four-person team: Andrew Balls, managing director and CIO of global fixed income; Sachin Gupta, managing director and portfolio manager; Lorenzo Pagani, managing director and portfolio manager; and Martin Svorc, executive vice president and portfolio manager. The fund is available in the UK, Switzerland, Germany, Austria, Italy, France, Spain, Netherlands, Belgium, Luxembourg, Sweden, Norway, Denmark and Finland, amongst other countries.

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Fannie Mae Sells $564.6M Reperforming Loan Pool to PIMCO

Fannie Mae has announced the results of its 36th reperforming loan sale transaction, awarding a pool of 2,330 mortgage loans with an... Read More

News.Az
Apr 25th, 2026
Blackstone, PIMCO finance $16B data centre in Michigan for AI computing

Related Digital has secured $16 billion in funding to build a massive data centre campus in Michigan's Saline Township, designed to support AI computing demand. The project is backed by equity from Blackstone funds and debt financing anchored by PIMCO, which reportedly purchased approximately $10 billion in project bonds. The development, expected to exceed one gigawatt of capacity, will rank amongst the largest data centre campuses in the United States. It forms part of a collaboration involving OpenAI, Oracle and Related Digital to rapidly expand computing infrastructure for next-generation AI systems. Construction commenced earlier this year. Bank of America helped structure the deal, arranging and selling around $14 billion in bonds, whilst Blackstone's equity contribution is estimated at $2 billion. The project reflects broader industry trends, with tech giants expected to invest hundreds of billions in AI infrastructure this year.