Source: Plug and Play
Global innovation platform, Plug and Play, announced today its newest partnership with PIMCO, one of the world's premier fixed income investment managers.
"We are excited to partner with Plug and Play and engage with the network of innovative startups as PIMCO seeks the best ideas and solutions to augment its strategic evolution in a rapidly changing industry," said John Kirkowski, PIMCO Chief Financial Officer. "We also look forward to developing relationships with strong management teams in the Plug and Play network as we evaluate a range of startup ideas and technological solutions."
Throughout the firm's 50-year history, PIMCO has brought innovative strategies and solutions to clients through the active management of investment portfolios in the pursuit of superior returns in public and private markets. PIMCO looks forward to bringing a new perspective to the Plug and Play network through the firm's deep and global expertise across markets and the investment management industry.
"Our partnership with PIMCO will allow us the opportunity to further our presence across the fintech industry," said Saeed Amidi, Founder and CEO of Plug and Play. "I am excited to welcome PIMCO to our Plug and Play family and begin introducing them to our startup network."
While Plug and Play will have the opportunity to connect PIMCO to some of the brightest and most promising startups in the industry, PIMCO will bring decades of experience and perspective to Plug and Play's startups and team.