Pimco’s Bridwell to Head Alternatives in Hedge Fund Push
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Pacific Investment Management Co. named Jennifer Bridwell head of alternatives product development as the firm expands hedge funds and distressed-debt strategies.
Bridwell was previously head of mortgage strategies development at Newport Beach, California-based Pimco, where she has worked since 2005, the firm said today in a statement. Pimco has attracted $16 billion in assets into such strategies over the past decade as it opened funds to invest in troubled mortgages and bonds backed by real-estate loans, the firm said.