Investment Strategies

PIMCO To Acquire Muni Bond Manager Gurtin

Manny Roman, PIMCO’s CEO, and Bill Gurtin, Gurtin’s Founder, CEO and CIO, announce PIMCO’s strategic investment to provide a broader set of high-caliber municipal investment solutions to clients.

More from this section

Read Transcript

Text on screen: PIMCO To Acquire Muni Bond Manager Gurtin

Emmanuel Roman, CEO, PIMCO: Hello. I'm here today to share my personal excitement and the enthusiasm of my PIMCO colleagues for our future partnership with Gurtin Municipal Bond Management. As one of the world’s premier fixed income managers, PIMCO is making a strategic investment by acquiring Gurtin, a premier municipal bond management firm, to grow our muni capabilities and to deliver a broad set of muni investment solutions to our clients. I'm very pleased to have Bill Gurtin here -- Gurtin’s founder -- to celebrate the announcement.

Bill Gurtin, Founder/CEO/CIO Gurtin Municipal Bond Management: Thank you, Manny. When I look back, for a long time I thought the most -- if I was ever going to sell the business, that the right place was PIMCO. And it was sort of a dream of mine that this would someday happen, because PIMCO is in fixed income, so they share sort of our singular focus.

Text on screen: PIMCO and Gurtin Shared Culture

  • Focus on being best in breed at fixed income
  • Clients-first culture
  • Employees highly valued

PIMCO’s focused on the client. That’s been our focus. And I've learned that PIMCO is focused on their employees. So to me, it checks all of the boxes.

Well, for Gurtin clients, the most important thing is they should know there's continuity: that I'm still going to be responsible for our high-grade munis. Michael Johnson, who has been my co-CEO, will be right by my side.

Photographs of Gurtin employees working.

The management team that’s been managing your municipal bonds, credit, portfolio management, all of our quantitative analysts, they will continue to be there. Our client service people will continue to work with your accounts. We'll continue to use our own technology. Know that that will all be there. But on top of that, there is this breadth, depth of resources, the gravitas of PIMCO, that can only make us better.

Photos of PIMCO Newport Beach office and from a PIMCO forum.

And I'm really excited to make this work, to make this a resounding success.

This combined muni platform will tap each of our firm’s complementary strengths for a stronger, more sophisticated muni investment platform, and we're committed to maintaining continuity for all of our investors, including retaining PIMCO’s existing municipal investment process team and leadership.

Photos of PIMCO employees working.

More to come, but for now, please join us in welcoming Bill and his entire team to PIMCO.

Filters: Reset All


Close Filters Dropdown
  • Tags


  • Category


    Bond by Bond
    Economic and Market Commentary
    Investment Strategies
    PIMCO Foundation
    PIMCO Education
    View from the Investment Committee
    View From the Trade Floor
  • Order By


    Most Recent
() filters applied

Multimedia Finder

Filter By:
  • Bond by Bond
  • Careers
  • Economic and Market Commentary
  • Investment Strategies
  • PIMCO Foundation
  • PIMCO Education
  • View from the Investment Committee
  • View From the Trade Floor
  • Viewpoints
  • Understanding Investing
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • K
  • M
  • N
  • P
  • R
  • S
  • T
  • V
  • W
  • Z
Berdibek Ahmedov
Product Strategist
Robert Arnott
Founder and Chairman, Research Affiliates
Andrew Balls
CIO Global Fixed Income
Rachel Betton
Justin Blesy
Asset Allocation Strategist
Meredith Block
ESG Research Analyst
Allison Boxer
David L. Braun
Portfolio Manager
Jelle Brons
Portfolio Manager, Global and U.S. Investment Grade Credit
Nathaniel Brown
Director of the PIMCO Foundation
Erin Browne
Portfolio Manager, Asset Allocation
Grover Burthey
Portfolio Manager, ESG
Libby Cantrill
U.S. Public Policy
Kenneth Chambers
Fixed Income Strategist
Stephen Chang
Portfolio Manager, Asia
Devin Chen
Portfolio Manager, Commercial Real Estate
Richard Clarida
Global Economic Advisor
Mathieu Clavel
Portfolio Manager, Alternative Credit
Tony Crescenzi
Portfolio Manager, Market Strategist
Harin de Silva
Portfolio Manager, Special Situations
Pramol Dhawan
Portfolio Manager
Matt Dorsten
Portfolio Manager, Quantitative Strategy
Jason Duko
Portfolio Manager
Devin Ekberg
Senior Consultant, Advisor Education
David Forgash
Portfolio Manager
Preeyam Gandhi
Max Gelb
Product Strategist
Nick Granger
Portfolio Manager, Quantitative Analytics
Adam Gubner
Portfolio Manager, Distressed Debt
Bill Gurtin
Gregory Hall
Head of U.S. Global Wealth Management
David Hammer
Portfolio Manager
Daniel H. Hyman
Portfolio Manager
Daniel J. Ivascyn
Group Chief Investment Officer
Henry Kao
Account Manager, Stable Value
Mark R. Kiesel
CIO Global Credit
Erica Kinsella
Product Strategist, ESG Strategies
Sean Klein
Head of Client Business Strategy – Client Solutions and Analytics
Kristofer Kraus
Portfolio Manager
Brian Kyle
Global Wealth Management
Jason Mandinach
Head of Alternative Credit and Private Strategies
Kyle McCarthy
Alternative Credit Strategist
Lalantika Medema
Alternative Credit Strategist
Vidur Mehra
Product Strategist
Mohit Mittal
CIO Core Strategies
John Murray
Portfolio Manager, Global Private Real Estate
John Nersesian
Head of Advisor Education
Roger Nieves
Prashant Pandey
Sonali Pier
Portfolio Manager, Multi-Sector Credit
Christina Pihos
Defined Contribution Marketing
Gavin Power
Chief of Sustainable Development and International Affairs
Chitrang K. Purani
Lupin Rahman
Portfolio Manager
Graham A. Rennison
Quantitative Portfolio Manager
Antonese Robertson
Global Wealth Management
Steve A. Rodosky
Portfolio Manager
Emmanuel Roman
Chief Executive Officer
Jerome M. Schneider
Portfolio Manager
Marc P. Seidner
CIO Non-traditional Strategies
Emmanuel S. Sharef
Portfolio Manager, Asset Allocation and Multi Real Asset
Greg E. Sharenow
Portfolio Manager, Commodities and Real Assets
Kimberley Stafford
Global Head of Product Strategy; Responsible for Sustainability Oversight
Jason R. Steiner
Portfolio Manager, Private Lending and Opportunistic Strategies
Christian Stracke
President, Global Head of Credit Research
Richard Thaler
Distinguished Service Professor of Economics and Behavioral Science at the University of Chicago's Booth School of Business
François Trausch
CEO and CIO of PIMCO Prime Real Estate
D. Alan Trice
Matt Tuten
Portfolio Manager
Chad Van Dyk
Global Wealth Management
Megan Walters
PIMCO Prime Real Estate
Qi Wang
CIO Portfolio Implementation
Jamie Weinstein
Portfolio Manager, Corporate Special Situations
Paul-James White
Portfolio Manager
Tiffany Wilding
Jerry Woytash
Portfolio Manager, Short-Term Desk
Kirill Zavodov
Portfolio Manager, Real Estate
Mike Cudzil
Portfolio Manager
Chris Brightman
Chief Executive Officer and Chief Investment Officer, Research Affiliates
Ryan Mulvey
Seray Incoglu
Portfolio Manager, Commercial Real Estate
Ben Bernanke
Chair, Global Advisory Board
  • Alphabetical
  • Most Recent
Section : Date : Experts :
Reset All
RAE Strategies: Redefining Active Value Investing
Capitalizing on Diverging Global Economies
Positioning Portfolios Across Global Asset Classes (video)
Yield Matters: A Fresh Look at Core Bonds
Get Ahead: Term Out Your Assets (video)
Preparing for Diverging Economic Paths (video)

Load more results Load {{cCtrl.fetchResults}} more results