PIMCO enters into private corporate credit venture with Solar Capital

'Capitalise on targeted market opportunities'

Tom Eckett
clock • 1 min read

PIMCO is expanding its private credit platform by partnering with Solar Capital Partners.

Solar Capital Partners has a ten-year track record of making private loans to corporate borrowers and the joint venture is a result of previous work done between the two firms since 2014. Man Group chief Manny Roman to join PIMCO as CEO Emmanuel Roman, CEO at PIMCO, said: "This joint venture is a continuation of the disciplined expansion of PIMCO's alternatives' strategies since 2004, where we have sought to capitalise on targeted market opportunities by leveraging PIMCO's broad investment expertise and long-term performance focus."  PIMCO already has significant presence in privat...

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