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PIMCO Blog

Finding Value in Midstream Energy

While we agree that most energy sectors look fair or even rich vis-à-vis current crude oil prices, we see an attractive investment opportunity in midstream master limited partnerships (MLPs) in North America.

John M. Devir

Portfolio Manager, Long/Short Equity Strategies


Mr. Devir is an executive vice president and portfolio manager in the Newport Beach office. Prior to joining PIMCO in 2011, he was a managing director and head of equity strategies at Barclays Capital in New York. He previously held a similar role at Lehman Brothers from 2005-2008. Before that, Mr. Devir worked for nine years in the equity division of Credit Suisse First Boston as director and portfolio manager in the European proprietary trading group in London and as director and head of U.S. equity proprietary trading in New York. He has 23 years of investment experience and holds an undergraduate degree from Siena College.