Since first entering the alternatives space in 2002, PIMCO has provided clients access to non-traditional investment strategies that seek to deliver attractive risk-adjusted returns across all market cycles. PIMCO’s Alternatives group consists of more than 70 investment professionals across the globe, overseeing hedge fund and opportunistic/distressed strategies focused on global macro, credit relative value, volatility arbitrage, and distressed mortgage and corporate credit opportunities.
PIMCO’s alternative strategies combine a time-tested macroeconomic investment process and a strong risk management culture with detailed asset-level credit analysis. Through the use of investment vehicles designed to match the liquidity and volatility of the underlying investments, we believe these strategies permit investors access to sources of return often not available through traditional strategies.
As of March 30, 2012, PIMCO managed approximately $20.1 billion in alternative strategies on behalf of our clients, $7.3 billion of which is managed through hedge fund vehicles and $12.8 billion of total cumulative capital commitments to opportunistic funds.