NEWPORT BEACH, California (Sept. 8, 2014) - PIMCO, a leading global investment management firm, has hired Said Saffari as an Executive Vice President and Portfolio Manager for Emerging Markets Corporate Debt. Mr. Saffari will be based in Newport Beach and will report to Michael Gomez, Managing Director and Head of Emerging Markets Portfolio Management. His first day at PIMCO is September 8.
“Said is a tremendous addition to our team as clients continue to increase allocations to emerging markets,” said Mr. Gomez. “The asset class has expanded well beyond government bonds to increasingly include corporate issuers as well as more complex security structures. Said brings a unique combination of intensive research skills and investing experience that we think are critical for navigating these less efficient markets.”
Mr. Saffari has 17 years of experience as an investment professional. Previously, he worked for GoldenTree Asset Management in New York as a partner and portfolio manager.
Mr. Saffari is an executive vice president portfolio manager in the Newport Beach office and leads the firm's Emerging Markets Corporate investing strategies. Prior to joining PIMCO in 2014, he was a partner and portfolio manager at GoldenTree Asset Management responsible for emerging markets. Prior to that, he was a senior portfolio manager at ICE Canyon focused on emerging markets strategies investing in loans, bonds and structured products. Mr. Saffari was previously the head of Pan-European credit research at Credit Suisse. He has 17 years of investment experience and holds a Ph.D. from Harvard University and an undergraduate degree from University of California at Berkeley.