American investment management firm PIMCO has appointed Gregory Hall as its new managing director and head of private strategies.
Hall will be responsible for managing the firm’s private strategies such as real estate, distressed, opportunistic and credit strategies in private equity vehicles.
He will assume the new role on 1 May 2017, and will work alongside the firm’s senior leaders in the portfolio, product and client management groups to identify investment opportunities.
Hall has an experience of 18 years in the investment industry. Before joining PIMCO, he served for 12 years at The Blackstone Group, most recently as a senior managing director at Blackstone Alternative Asset Management. He previously also worked as a financial analyst at Goldman Sachs.
PIMCO CEO and managing director Emmanuel Roman said: “Greg is an exceptional executive who is a tremendous addition to PIMCO’s outstanding team of product managers, portfolio managers, analysts and others focused on our private strategies.
“His leadership skills and industry expertise will be invaluable as PIMCO continues to capitalize on opportunities for investors who are increasingly looking for expertise in private strategies to meet their investment goals.”