P

PIMCO

Global asset management with fixed income

Business Development Support Analyst Intern

Summer 2027
$37.50/hr+ Transition bonus + Discretionary bonus
Internship
Bachelor's
Newport Beach, CA, USA
In Person
Project & Program ManagementProposal Management

About the job

Requirements
  • Pursuing an undergraduate degree.
  • Beginning full-time employment from a PIMCO office between January 2028 and August 2028.
  • Remaining enrolled at a university during the Fall 2027 semester, from August 2027 through December 2027.
  • Having 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.
  • Being business proficient in English.
  • Demonstrating proficiency with Microsoft Office, including Outlook, Word, Excel, and PowerPoint.
  • Having familiarity with financial markets and a strong interest in fixed income, the asset management industry, and client relationship development.
  • Having strong analytical and problem-solving skills.
  • Having the ability to write and synthesize complex information into clear, persuasive narratives.
  • Having time-management and organizational skills suitable for a challenging, fast-paced professional environment.
  • Demonstrating commitment to quality and attention to detail, ensuring work is complete, accurate, and timely.
  • Communicating effectively and interacting professionally with internal and external personnel in written and verbal communications.
  • Demonstrating curiosity and experience using emerging technologies and artificial intelligence tools in work or school projects to solve problems and improve outcomes.
Responsibilities
  • Assist with completing Requests for Proposals, Requests for Information, and Due Diligence Questionnaires to support business growth and maintain client relationships.
  • Partner with Account Management, Product Strategy, and teams across the firm to provide thoughtful, accurate, and timely responses covering firm-level and strategy-specific topics.
  • Learn to navigate the firm's proprietary systems and the Business Development Support team's database to source, synthesize, and craft content.
  • Develop a strong understanding of the firm's investment strategies and overall approach.
  • 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.
  • Gain hands-on experience with artificial intelligence-powered tools through training and resources.
  • Complete formal mid-summer and end-of-summer reviews.
  • Complete a cognitive assessment and one-way video interview if selected to advance.
  • Participate in final-round live video interviews, which typically include behavioral and technical questions.
Desired Qualifications
  • Having experience or prior college internships in a financial or client-oriented role.
  • Demonstrating interest through business, finance, and analytics coursework, and relevant professional or student organizations.

About the company

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 launched GBOF on July 1, 2026, expanding flexible core fixed income.
  • March 11, 2026 ETFs broaden PIMCO's UCITS distribution across Europe and Switzerland.
  • April 24, 2026 Oracle financing showcased PIMCO's role as a preferred mega-debt arranger.

What critics are saying

  • Oi sued PIMCO on February 12, 2026, alleging abuse during restructuring.
  • Allianz's 1.4 billion euro M Unit buyout ends employee ownership and tightens control.
  • Heavy exposure to massive private placements concentrates credit risk if AI infrastructure or Gulf issuers stumble.

What makes PIMCO unique

  • PIMCO's $150 billion global-bond platform powers flexible, active fixed-income strategies.
  • Allianz now owns at least 95% after the July 30, 2026 M Unit buyout.
  • PIMCO finances giant private-market deals, including Oracle's Michigan data center and Waymo debt.

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Benefits

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
Bloomberg
Oct 6th, 2026
Waymo raises $5B in debut debt deal to fuel global robotaxi expansion

Waymo has increased its first private debt deal to $5 billion to support the robotaxi company's expansion. The self-driving vehicle operator is using the funds to fuel growth as it scales operations globally. The debt raise marks Waymo's entry into private credit markets as it seeks to expand beyond its current service areas.

Bloomberg
Sep 2nd, 2026
Waymo raises $3B in first debt deal with Pimco and Blackstone for robotaxi expansion

Waymo is finalising its first debt deal, raising over $3 billion from lenders including Pacific Investment Management Co. (Pimco) and Blackstone. The autonomous vehicle company aims to use the funds to strengthen its position as a leading global robotaxi operator. This marks Waymo's first venture into debt financing as it scales its self-driving taxi service.

The Economic Times
Aug 28th, 2026
IREN secures $2.8B financing and AI lab deal as $684M quarterly loss hits shares

Data centre firm IREN signed a multi-year contract with an undisclosed frontier AI lab and secured $2.8 billion in new financing to fund AI chip purchases. The financing includes a $2.4 billion facility led by Blue Owl and Pacific Investment Management Company. IREN reported a fourth-quarter net loss of $684 million, compared with net income of $176.9 million a year earlier. The loss included a $450.4 million non-cash impairment from decommissioning bitcoin mining hardware as the company transitions to AI cloud services. Revenue fell 27% to $137.2 million but exceeded analysts' estimates of $136.8 million. IREN shares dropped more than 7% in extended trading following the results. The company said its 2026 compute capacity was largely sold out.

FF News
Aug 17th, 2026
Ingenico secures $168M from PIMCO to restructure debt and expand cloud payment platforms

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.

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.