NEWPORT BEACH (March 5, 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."