PIMCO and Girls Who Invest Partner to Build Pipeline of Women in Asset Management

NEWPORT BEACH, Calif., March 05, 2018 -- PIMCO, one of the world’s premier fixed income investment managers, today unveiled its partnership with Girls Who Invest, a non-profit organization dedicated to increasing the number of women in portfolio management and executive leadership in the asset management industry. 

As the non-profit’s champion level sponsor, PIMCO and Girls Who Invest will help further build a talent pipeline of bright young women in the asset management industry. 

Girls Who Invest helps promising female college students from diverse backgrounds learn core investment concepts through an intensive educational program, meet industry luminaries and intern at leading asset management firms.  As part of the partnership, PIMCO investment professionals will speak at Girls Who Invest’s Summer Intensive Programs, hosted at University of Pennsylvania and University of Notre Dame, as well as hire six of the organization’s female scholars as interns in Newport Beach, New York and London this summer.  

Girls Who Invest’s innovative program aims to inspire and empower today’s young women to successfully become tomorrow’s leading investors.

“Girls Who Invest is taking a leading role in promoting gender diversity in the asset management industry and we are immensely proud to partner with them on this critical initiative,” said Emmanuel Roman, CEO of PIMCO.  “Their innovative program is helping to build a robust pipeline of female investment talent, creating a more diverse industry and ultimately leading to better outcomes for clients.”

Girls Who Invest aims to see 30 percent of the world's investable capital managed by women by 2030. In its first two years in operation, Girls Who Invest has empowered 382 young women, sending a total of 90 undergraduates through their flagship 10-week Summer Intensive Program and another 292 through two additional online learning programs which launched last summer.

“Partners like PIMCO make it possible for Girls Who Invest to continue our trajectory of rapid growth, empowering as many bright young women as possible,” said Janet Cowell, CEO of Girls Who Invest.  “Together we are making a meaningful change in the lives of these women, the asset management industry and the investors we serve.”

About PIMCO 
PIMCO is one of the world’s premier fixed income investment managers. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing.  In the 45+ years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today we have offices across the globe and 2,150+ professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

About Girls Who Invest 
Girls Who Invest is a non-profit organization founded in April 2015 dedicated to inspiring and empowering young women to pursue investment careers in the asset management industry—a field challenged by a lack of diversity. We are committed to changing this imbalance. Our goal is to see 30% of the world’s investable capital managed by women by 2030. Our approach is simple and practical: create a pipeline of talented, motivated young women through an intensive educational program, a meaningful paid internship experience and a robust ongoing community. For more information, visit www.girlswhoinvest.org.

Media Contacts
PIMCO:
Laura Batty
U.S. Corporate Communications – Newport Beach
[email protected]
949-720-6374

Girls Who Invest:
Julia B. Mellon
Bliss Integrated Communication
[email protected]
212-584-5474

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.