Since launching its initial opportunistic vehicle at the onset of the credit crisis, PIMCO has offered distressed strategies to clients seeking attractive return opportunities through a historic and ongoing dislocation in the credit markets.
In recognition of the importance of the significant asset level expertise required in this space, PIMCO has established a seasoned team of more than 50 individuals devoted to sourcing and analyzing distressed mortgage and corporate credit opportunities. We believe PIMCO’s opportunistic strategies are uniquely positioned to leverage the strength of PIMCO’s resources and personnel, including the firm’s extensive relationships with global financial institutions and other sellers of risk, and renowned macroeconomic and asset level research.
Finally, we believe PIMCO’s opportunistic strategies are constructed to effectively unlock value for investors amid an environment of unprecedented change. We believe flexibility, including freedom from ratings constraints, and a vehicle designed to mirror the limited liquidity of the underlying investments are key tenets of these strategies. In this way, PIMCO seeks to provide investors with access to the best investment opportunities across the credit spectrum.
PIMCO’s opportunistic/distressed funds include:
Mortgage Credit: Opportunistic strategies primarily focused on residential, commercial or consumer related assets.
- PIMCO Distressed Mortgage Fund I (DMF I)
- PIMCO Distressed Mortgage Fund II (DMF II)
- PIMCO Bank Recapitalization and Value Opportunities Fund (BRAVO)
Corporate Credit: Opportunistic strategies focusing on employing an active role in the financial restructuring of over-leveraged companies by investing primarily in stressed and distressed corporate loans, bonds, claims and other related securities.
- PIMCO Distressed Credit Fund (DCF)
Important: The funds listed above are those within the specific strategy that currently have assets under management and are closed to new investors. None of the foregoing is an offer, or a solicitation of an offer to buy any private fund or investment product. Private funds are only offered to qualified purchasers and then only pursuant to the fund’s offering documents.