Pacific Investment Management Co. LLC has hired Marc P. Seidner as an executive vice president and portfolio manager.
He will run several fixed-income portfolios and help formulate investment strategies, the company said in a statement today
Mr. Seidner's first day at Pimco is Aug. 17.
“Marc is a seasoned and extremely talented investment professional,” Bill Gross, co-chief investment officer at Pimco of Newport Beach, Calif., said in a statement. “We are delighted to have him on Pimco's portfolio management team. His addition will help to further strengthen our ability to deliver value to our clients.”
Mr. Seidner joins Pimco from Harvard Management Co. of Boston, where he was a managing director and a domestic-fixed-income portfolio manager.
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