Press Release

PIMCO Hires David Erdonmez as Senior Vice President and Account Manager to lead PIMCO Australia’s newly formed Investment Due Diligence Group (IDDG)


27 May 2015 (Sydney), – PIMCO, a leading global investment management firm, has hired David Erdonmez as Senior Vice President and Account Manager to head PIMCO Australia’s Investment Due Diligence Group (IDDG). Mr. Erdonmez will begin in June and report to Adrian Stewart, Executive Vice President and Head of PIMCO Australia and New Zealand.

In this new role, Mr. Erdonmez will be responsible for leading PIMCO Australia’s newly formed Investment Due Diligence Group (IDDG) which includes the servicing of all research house relationships. IDDG is also responsible for developing and executing on product strategies that help clients achieve their long-term investment objectives.

“David is an important addition to the Australian senior leadership team and his addition underscores PIMCO’s commitment to the Australian marketplace,” said Mr. Stewart.

Mr. Stewart adds, “We are committed to our clients’ unique requirements and delivering innovative investment solutions to help achieve their long-term investment objectives. David’s expertise and solid experience will further strengthen our capabilities to serve our clients in Australia.”

About David Erdonmez:

Prior to joining PIMCO, Mr. Erdonmez was most recently Chief Executive Officer of Lonsec Research. Before that, he was General Manager of Managed Funds Research at Lonsec and Head of Fixed Interest Managed Funds Research at Standard & Poor’s Funds Services. Mr. Erdonmez has 22 years of investment experience with additional positions including five years at JPMorgan London in a variety of fixed income analytical roles, and five years at JBWere Capital Markets as a money market dealer. Mr. Erdonmez holds a master's degree in applied finance from Macquarie University and a graduate diploma in applied finance and investment from FINSIA.

Media Contacts

Michael Reid
Global Head of Corporate Communications
New York

Donna Chan
APAC Corporate Communications
Hong Kong

Millie Dravers
Australia Corporate Communications

Agnes Crane
U.S. Corporate Communications
New York

Jennifer Spivey
U.S. Corporate Communications
Newport Beach

Laura Batty
U.K. and EMEA Corporate Communications

Jochen Haegele
EMEA Corporate Communications



PIMCO is a leading global investment management firm, with 13 offices in 12 countries throughout North and South America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

PIMCO Australia Pty Ltd ABN 54 084 280 508, AFSL 246862 (PIMCO Australia) offers products and services to both wholesale and retail clients as defined in the Corporations Act 2001 (limited to general financial product advice in the case of retail clients). This communication is provided for general information only without taking into account the objectives, financial situation or needs of any particular investors. PIMCO is a trademark or registered trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. THE NEW NEUTRAL and YOUR GLOBAL INVESTMENT AUTHORITY are trademarks or registered trademarks of Pacific Investment Management Company LLC in the United States and throughout the world. ©2015, PIMCO