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Tag: "PIMCO"

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Local Receives Obama Appointment

Local Receives Obama Appointment

Laguna Beach resident Mohamed A. El-Erian was appointed by President Barak Obama to chair the U.S. Global Development Council, according to a White House announcement. El-Erian will continue in his role as chief executive officer and co-chief investment officer of Newport Beach’s Pacific Investment Management Company LLC (PIMCO), positions he has held since 2007. The […]

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PIMCO Founder Supports Health Causes

PIMCO Founder Supports Health Causes

Cedars-Sinai Medical Center in Los Angeles announced this week naming a new surgical center in a soon-to-open pavilion in honor of Bill and Sue Gross, Laguna Beach philanthropists and donors of a $20 million gift toward the building. Earlier this month, the Grosses pledged $4 million in matching funds to a UC Irvine stem-cell research […]