Pimco plans to outperform come rain or shine with $4.5bn all-weather fund

By Michelle D'Souza

Pimco has become the latest manager to fashion a flexible, all weather credit fund that invests across public and private markets, geographies and capital structures. The Newport Beach-based manager is hoping to raise $3 billion for the strategy. With half a turn of leverage, it could have up to $4.5 billion to deploy.

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TAGS: Direct lending Europe High yield bonds Pimco Distressed debt Leveraged loans Fundraising North America