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Pacific Investment Management Company LLC history
Pacific Investment Management Company LLC company history timeline
The firm was founded in 1971, launching with $12 million of assets.
In 2000, PIMCO was acquired by Allianz SE, a large global financial services company based in Munich, Germany, but the firm continues to operate as an autonomous subsidiary of Allianz.
On September 26, 2014, it was announced that Bill Gross, co-founder and former Chief Investment Officer (dubbed the "Bond King" in the investment arena), was stepping down to join Janus Capital Group.
In April 2015, PIMCO announced the hire of former Federal Reserve Chairman Doctor Ben Bernanke as a senior advisor, following in the footsteps of predecessor Federal Reserve Chairman Alan Greenspan.
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Pacific Investment Management Company LLC competitors
| Company Name | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| The Vanguard Group | 1975 | $6.9B | 17,600 | 158 |
| Brandes Investment Partners | 1974 | $119.9M | 200 | - |
| BNY Mellon | 2007 | $16.4B | 48,400 | 762 |
| Charles Schwab | 1971 | $1.6B | 32,000 | 483 |
| Morgan Stanley | 1935 | $3.0B | 68,097 | 846 |
| VanEck | 1955 | $12.0M | 50 | 2 |
| Lazard | 1848 | $2.8B | 3,179 | 30 |
| Neuberger Berman | 1939 | $2.8B | 2,000 | 242 |
| AllianceBernstein | 1967 | $4.1B | 3,450 | 144 |
| J.P. Morgan | 1985 | $2.0B | 6,000 | - |
Pacific Investment Management Company LLC history FAQs
Zippia gives an in-depth look into the details of Pacific Investment Management Company LLC, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Pacific Investment Management Company LLC. The employee data is based on information from people who have self-reported their past or current employments at Pacific Investment Management Company LLC. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Pacific Investment Management Company LLC. The data presented on this page does not represent the view of Pacific Investment Management Company LLC and its employees or that of Zippia.
Pacific Investment Management Company LLC may also be known as or be related to PIMCO, Pacific Investment Management Company, Pacific Investment Management Company LLC and THE PIMCO FOUNDATION.