PIMCO names Managing Director and Portfolio Manager – Head of Private Credit Europe

PIMCO has hired Mathieu Clavel as Managing Director and Portfolio Manager – Head of Private Credit Europe. Clavel will be based in London when he joins in 2021.

In his role, Clavel will build upon and manage PIMCO’s European special situations business, working closely with the firm’s portfolio management team in its traditional, hedge fund, and private strategy groups to identify and capitalise on potential opportunities in private capital solutions, stressed and distressed corporate credit. He will also be responsible for continuing to develop PIMCO’s deep bench of portfolio management expertise in this area and continuing the firm’s strategic goal of hiring additional top industry talent into its private strategies business.

“Mathieu brings to PIMCO deep experience in identifying, analysing and executing investment opportunities in stressed and distressed credit in Europe, the Middle East and Asia across a wide range of sectors,” says Emmanuel Roman, PIMCO’s Chief Executive Officer. “We are excited to have Mathieu join our talented portfolio management team in identifying the excellent opportunities we see in stressed and distressed corporate credit.”

“Mathieu’s hiring is a critical part of our focus on further developing our special situations platform in Europe as part of our broader focus on opportunistic and alternative strategies for clients,” says Dan Ivascyn, PIMCO’s Group Chief Investment Officer.

“The dislocation in global markets has created excellent investment opportunities in stressed and distressed corporate credit and Mathieu’s deep expertise in this space will provide our clients with tremendous value,” says Jamie Weinstein, Managing Director and Head of Corporate Special Situations.

Clavel will join PIMCO from Sculptor Capital, the multi-strategy hedge fund formerly known as Och-Ziff Capital Management, where he was Head of European and Asian Corporate Credit and Co-Head of Europe.