PIMCO has appointed Alice Cavalier as a senior vice president in the firm’s alternatives team.
Cavalier (pictured) will focus on the analysis of stressed and distressed investments in Europe and will be based in the firm’s London office.
Cavalier joins PIMCO’s established 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 and 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,” says Laurant.
“We have hired more than 140 new employees this year and continue to recruit top talent from around the globe. Recent hires include over 40 investment professionals across alternatives, client analytics, emerging markets, mortgages, real estate and macroeconomics,” says Dan Ivascyn, managing director and PIMCO’s group chief investment officer.
