Summer 2027
Posted on 8/19/2026
Global asset management with fixed income
$43.26/hr
New York, NY, USA
In Person
Bachelor's
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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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Ingenico has secured €150 million in funding from a PIMCO-led investor group to restructure its capital and accelerate its shift towards cloud-based payment technology. The Paris-based company will use the investment to scale its AXIUM family of Android-based payment devices and expand Ingenico 360, a unified cloud platform consolidating device management, transaction services, and analytics. The funding supports Ingenico's transition from hardware sales to a platform-as-a-service model. The company is opening new offices in London, San Francisco, and Istanbul to house Customer Excellence teams providing localised support. Newly appointed CEO Floris de Kort said the investment enables faster execution on product development and customer service priorities. The recapitalisation aims to strengthen Ingenico's balance sheet whilst funding innovation across its core payment acceptance solutions for retailers, banks, and fintech companies.
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.
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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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.