Pimco has hired Laurent Luccioni as an executive vice president and head of commercial real estate portfolio management – Europe.
Luccioni (pictured) will join Pimco on 22 April and he will be based in the firm's London office, reporting to Dan Ivascyn, managing director and head of Pimco's mortgage credit portfolio management team.
Pimco manages more than USD17bn in alternative investment strategies including hedge funds and opportunistic private equity strategies.
"Pimco's global investment platform, deep real estate and mortgage capabilities and intellectual capital enable us to provide a range of investment opportunities for our clients," says Ivascyn. "Laurent is an outstanding investor and leader, and he brings to Pimco significant experience and knowledge of the commercial real estate investment space in Europe and around the world.”
Pimco has developed and managed alternative strategies for over a decade, including a range of hedge funds, distressed credit funds and opportunistic strategies. More than 75 investment professionals across the firm contribute to Pimco's alternatives efforts, including specialist portfolio managers, credit analysts, product managers, and client facing personnel across its global offices.