Newport Beach, California (January 31, 2022) – PIMCO, one of the world’s premier fixed income investment managers, is committing $1 million annually to help build the next generation of financial leaders at PIMCO and in the industry. The PIMCO Future Leaders Scholarship will award 50 scholarships of $20,000 to Black and Hispanic/Latinx students in 2022.
Scholarship recipients will be selected from undergraduate and graduate student applicants. Scholarships will be awarded to candidates who have the potential to excel as leaders and exhibit PIMCO’s CORE values of collaboration, openness, responsibility and excellence.
As part of its commitment to Inclusion & Diversity, PIMCO is introducing this Future Leaders Scholarship following the success of the 2021 PIMCO Black Scholarship, where it received a high number of extremely qualified candidates. Six applicants were awarded scholarships last year. Under this new scholarship 50 recipients will receive $20,000 each.
More information on eligibility and the application process can be found on the PIMCO website.