[We vs us]

Also: Austin just won PIMCO's 3rd office in the US, after Newport Beach and NYC. +200 jobs by 2019. Location TBD.

Pacific Investment Management Company LLC has settled on Austin for its new technology office.

The investment-management giant, with $1.77 trillion in assets under management, announced Tuesday that it chose the Texas capital for its third U.S. location in order to tap into the area's deep tech talent pool and to reach new clients. The office will focus on integrating digital tools into its operations but will also host business groups such as U.S. global wealth management, institutional client management and marketing. PIMCO won't have portfolio managers or traders in Austin, Bloomberg reports.

A spokeswoman for PIMCO declined to give the office's location and said she couldn't disclose whether a lease has been signed. However, per the announcement, the office is expected to open this summer with Patrick Feigley, executive vice president and head of U.S. global wealth management sales, as leader of the Austin office.

PIMCO plans to grow its Austin headcount to 200 by the end of 2019, the majority of them new hires.

https://www.bizjournals.com/austin/n...-nearly-2.html