• PIMCO, Treasury

    Bill Gross: Bring Out The Bazooka

    Institutional buyers have no more appetite for the debt or preferred equity of financial companies, the manager of the world’s biggest bond fund said in an interview with CNBC’s Erin Burnett. Bill Gross, who manages the $130 billion Pimco Total Return Bond Fund, added that he didn’t expect retail investors had very many funds left […]

    / Sep 4, 2008 at 3:05 PM
  • Bond Trader, PIMCO

    Bond Giant Pimco Sits Out Citadel Sale

    The world’s biggest manager of bonds decided not to buy into a $500 million debt offering by the Chicago-based hedge fund Citadel, according to the Chicago Tribune. The Newport Beach-based Pacific Investment Management Co. told the Tribune that it couldn’t “get [its] hands around” the hedge fund’s business. And that’s likely because Citadel’s business is […]

    / Dec 11, 2006 at 9:26 AM

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