Corporate Distressed Investment Specialist
1 week ago
PIMCO is a global leader in active fixed income, boasting deep expertise across public and private markets.
Estimated Salary:£90,000 - £120,000 per annum (London office)
Job DescriptionPIMCO's growing £40+ billion alternative investing platform invests in a wide range of asset types and geographies.
PIMCO's corporate distressed and special situations team manages funds with a private equity structure and focuses on investing in corporate opportunities across stressed/distressed corporate bonds and bank loans, direct lending, rescue financings, post-reorg equity, and other illiquid corporate securities.
Key Responsibilities- Sourcing differentiated distressed and special situations investment ideas in both secondary and primary markets
- Analysing and underwriting complex corporate credit investments with meaningful total return opportunities
- Driving negotiation and documentation of restructurings and special situations direct lending deals
- Interacting extensively across the private and public desks with portfolio managers/traders to implement strategies
- Minimum of 8 years' experience investing in European distressed and special situations markets
- Prior established relationships with restructuring community (both advisory firms and other buy-side firms) to drive idea flow as well as ease execution of ideas where collaboration with other debt holders is required or desirable
- Strong work ethic and integrity; you should be a team player that is proactive and self-motivated
- Good communicator, strong written and oral presentation abilities; needs to be persuasive and credible
- Proficiency in German and/or Spanish will be considered an asset
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