2026 Summer Intern - Alternatives Business Management Analyst

PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives - regardless of shifting marketing conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission : delivering superior investment returns, solutions, and service to our clients.

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.

2026 Summer Internship - Alternatives Business Management Intern

Internship positions are located at PIMCO's Newport Beach, CA Headquarters.

You're eligible to apply if you :

• Pursuing an undergraduate degree
• Must be able to begin full time employment from 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

You'll excel as an Alternatives Business Management Intern if you :

See yourself as an Alternatives Business Management 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.

As an Alternatives Business Management Intern, you will support the smooth operation of PIMCO's alternatives business across relevant funds and accounts. You will work closely with portfolio managers to deliver relevant data and analytics to support decision-making. You will also support transformative strategic initiatives that are being led by the team.

Alts Business Management Responsibilities :

Business Management & Administration :

Strategic Initiatives : develop and manage strategic initiatives that allow PIMCO's alternatives business to scale, achieve its goals, and mitigate risk

Governance and Administration : oversee the Governance and Administration of Alts fund policies & procedures, processes, and transaction management in US & Europe.

Transaction Management / Deal Execution : manage and oversee transactions throughout the deal lifecycle in order to maximize efficiencies and minimize delays

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 Experience :

How you should apply :

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.

For more information on PIMCO and Career Opportunities, please visit www.pimco.com / careers / students

PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.

Hourly Rate : $ 43.26

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity / Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.