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PIMCO initially functioned as a unit of Pacific Life Insurance Co., managing separate accounts for that insurer's clients. The firm was founded in 1971, [ 1 ] 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 ...
Called "the nation's most prominent bond investor" by The New York Times, [14] he co-founded Pacific Investment Management (PIMCO) and managed PIMCO's Total Return fund (once the world's largest bond fund with almost $293 billion in assets) [15] and several smaller funds until his departure in September 2014.
America's richest families are feeling pressure to sell their long-held properties as the office sector struggles — here's what you need to know about commercial real estate going into 2025
1 BlackRock: United States 10,473 2 Vanguard Group: United States 9,300 3 Fidelity Investments: United States 5,303 4 State Street Global Advisors: United States 4,340 5 Morgan Stanley: United States 3,629 6 JPMorgan Chase: United States 3,564 7 Crédit Agricole (which includes Amundi) France 2,858 8 Goldman Sachs: United States 2,848 9 UBS ...
Private equity real estate funds may sell for opportunity or liquidity, among other reasons. Active secondary brokers are focused on the secondary markets for trading of syndicated shares, real estate funds and other alternative fund investments. The real estate secondary market has grown in recent years to an estimated $5.3 billion in 2013.
Only assets in private funds following hedge fund strategies are counted. Some of these managers also manage public funds and offer non-hedge fund strategies. The data for this table comes from Pensions & Investments with data compiled as of June 2024. [1]
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