Deals
Pimco Hires Ex-Blackstone's Studzinski to Advise Top Clients
- Studzinski will be a managing director and vice chairman
- Executive will help advise pensions, sovereign wealth funds
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Pacific Investment Management Co. hired John Studzinski, the former Blackstone Group executive who made his reputation in London and on Wall Street as an investment banker, to a newly created role working with the firm’s largest investors.
Studzinski will be a managing director and vice chairman and will advise clients such as pension funds, governments and sovereign wealth funds, the asset manager said Wednesday in a statement from Newport Beach, California. He will be based in New York and report directly to the firm’s chief executive officer, Emmanuel Roman.