2026 Summer Intern Private Strategies Intern, US

2026 Summer Internship Private Strategies Intern, US

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

Internship opportunities are located at PIMCOs Newport Beach, CA Headquarters and New York, NY office. Youre eligible to apply if you :

• Pursuing an undergraduate degree
• Must be able to begin full time employment at a PIMCO office between January 2027 August 2027
• Must be enrolled at a university during the Fall 2026 semester (August 2026 December 2026)
• Have a minimum 3.2 cumulative collegiate grade point average on a 4.0 scale (or the equivalent) at an accredited 4-year college or university
• Are business proficient in English

Youll excel as a Private Strategies Intern if you :

See yourself as a Private Strategies Intern :

Since launching its first opportunistic credit vehicles over 15 years ago, PIMCO has developed a significant presence in both alternative credit and private investment strategies. Our strategies include those that seek to identify value primarily in listed securities, relying on fundamental and capital structure analysis, and also strategies that seek to privately finance the debt and equity needs of companies, asset holders, and origination platforms. We invest globally across commercial and residential real estate and mortgage credit, performing and distressed corporate debt, and specialty finance markets.

You will work alongside seasoned associates and Portfolio Managers, focusing on financial modeling and qualitative analysis in support of direct lending and special situations / distressed debt investing. Throughout the course of the summer, you will support their team efforts in sourcing, evaluating, underwriting and managing of alternative credit and private strategy investments. Successful interns receiving full time offers will have the opportunity to join a two year rotational program with a potential for a career track in Portfolio Management.

While our eligibility requirements are not flexible, we encourage you to apply even if you do not possess 100% of the desired skills outlined above.

The PIMCO Internship Program runs between Monday, June 8th Friday, August 14th, 2026, with the expectation that you will be available for the full duration of the program. During Week 1, youll participate in PIMCO Fundamentals Training, providing you with the skills, knowledge, and relationships that will prepare you for success. Alongside your colleagues, participate in PIMCOs Global Month of Volunteering, developed to heighten the impact of our employees worldwide volunteer efforts. Join us for a variety of cross-divisional education, networking & social events! Your supervisor, peer mentor, senior leaders and team offer guidance and mentorship throughout the summer. Youll receive feedback at mid- and end-of-summer as part of a formal review process to keep you on the path to meeting your summer goals. As a PIMCO intern, youll receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations.

Applications open August 2025. We review applications on a rolling basis and encourage you to apply by submitting your resume as soon as you are ready.

What to expect during the interview process :

PIMCO is an equal opportunity employer committed to creating an inclusive, cognitively diverse environment.