Investment management firm Pimco hires ex-Blackstone vice chair John Studzinski
US investment management firm Pimco has hired top deal maker John Studzinski to advise the company's most important clients.
Former Blackstone vice-chairman Studzinski will be based in New York as managing director and vice chairman, reporting to chief executive Emmanuel Roman.
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Before joining Californian-headquartered Pimco, which was founded by legendary investor Bill Gross, Studzinski served as head of European investment banking at Morgan Stanley and sat on HSBC's group management board. He also led the American International Group through the 2008 financial crisis.
His new role will involve supporting and advancing Pimco's global strategy and serving as strategic adviser to pension funds, corporations, sovereign wealth funds and governments.
“I have known John personally and professionally for 20 years and have huge admiration for his enviable breadth of experience, expertise, integrity, wisdom and relationships. He’s a true statesman in the world of global finance,” Roman said.
“Offering our clients insightful advice is one of Pimco’s most enduring values.
"John’s unique, powerful perspective and experience – combined with our outstanding client management leadership and teams – will prove invaluable as we continue to expand our global business.”
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