PIMCO Hires Marc Seidner as Managing Director and Portfolio Manager - Seite 2

Biographies:

Marc Seidner

Mr. Seidner will be a Managing Director and Chief Investment Officer - Non-traditional Strategies. He previously worked at PIMCO from August 2009 until January 2014, during which he served as a Generalist Portfolio Manager and member of PIMCO's Investment Committee. After leaving PIMCO in 2014, Mr. Seidner was a Partner and Head of Fixed Income at GMO LLC. Prior to joining PIMCO in 2009, Mr. Seidner was a Managing Director and Domestic Fixed Income Portfolio Manager at Harvard Management Co., Inc. and also the Director of Active Core Strategies at Standish Mellon Asset Management Company LLC. He also held senior portfolio management roles at Fidelity Management & Research Company. Mr. Seidner is a C.F.A. charter holder. He holds an Undergraduate degree in Economics from Boston College.

Curtis A. Mewbourne

Mr. Mewbourne is a Managing Director and Head of Portfolio Management in the New York office. He manages institutional accounts and mutual funds across a wide range of strategies. Prior to joining PIMCO in 1999, he was a bond trader at Salomon Brothers and at Lehman Brothers. He has 22 years of trading and portfolio management experience and holds an engineering degree in computer science from the University of Pennsylvania.

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.

Contact:
Mark Porterfield
[e-mail]