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In his new role, Hall will manage PIMCO's private strategies, which include a number of real estate, distressed, opportunistic and credit strategies in private equity vehicles. He will work with the firm's senior leadership in the portfolio, product and client management groups to identify investment opportunities and solutions which serve the needs of PIMCO clients. Mr. Hall will start May 1. He will split his time between PIMCO's Newport Beach and New York offices.

Emmanuel Roman, PIMCO's Chief Executive Officer and Managing Director said: "Greg is an exceptional executive who is a tremendous addition to PIMCO's outstanding team of product managers, portfolio managers, analysts and others focused on our private strategies. His leadership skills and industry expertise will be invaluable as PIMCO continues to capitalize on opportunities for investors who are increasingly looking for expertise in private strategies to meet their investment goals."

Hall has 18 years of investment experience and was most recently at The Blackstone Group, where he played a leadership role in the development of several investment businesses, each of which focused on identifying highly-skilled portfolio managers and helping them to achieve their investment, organizational, and commercial ambitions.

Over the last year, PIMCO has hired more than 210 new employees including more than 40 investment professionals across private strategies, client analytics, emerging markets, mortgages, real estate and macroeconomics. The firm will continue to hire the best talent globally in the investment management industry.