Pimco appoints executive to alternatives team

Pimco appoints executive to alternatives team

Pimco has announced that Alice Cavalier has joined the firm as a senior vice president in its alternatives team.

In this new role, Cavalier will focus on the analysis of stressed and distressed investments in Europe. She will be based in the firm’s London office.

Cavalier joins Pimco’s alternatives team of 110 investment professionals globally. Her hiring is part of the continued expansion of the firm’s alternatives investment platform and follows the hires of Paul Vosper, executive vice president and real estate strategist and Lionel Laurant, executive vice president and distressed credit portfolio manager earlier in the year.

Cavalier joins Pimco from Bayside Capital, the distressed debt and special situations affiliate of private equity firm HIG Capital. Prior to that, she worked as an analyst in the leverage & acquisition finance department at Morgan Stanley.

“Alice’s experience is a strong addition to our global team. Clients are continuing to diversify in their search for yield and alternative investment strategies are in high demand. We see excellent opportunities in the distressed credit market and expect this to continue for some time” Laurant said.

PIMCO manages approximately $26bn in alternative investment strategies. The firm has developed and managed alternative strategies for more than 10 years, including a range of distressed credit and opportunistic strategies.