Pacific Investment Management Co. is staying away from loans being put up for sale amid the tumult in the $1.8 trillion private credit market because they’re “pretty bad,” according to its president Christian Stracke.
Pacific Investment Management Co. is staying away from loans being put up for sale amid the tumult in the $1.8 trillion private credit market because they’re “pretty bad,” according to its president Christian Stracke.
The Pacific Investment Management Co. (Pimco) headquarters in Newport Beach, California, US, on Thursday, Dec. 4, 2025. In the best year for US debt since 2020, the $213 billion Pimco Income Fund - the largest actively managed bond fund - has returned 10.4%.
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