Pacific Investment Management Co. has nabbed two bank loan portfolio managers from Lord Abbett & Co.
Elizabeth MacLean and Jason Duko will join PIMCO in early April. Their hiring was announced March 23.
They will work in Newport Beach, Calif., where PIMCO is based, and report to Marc Seidner, a managing director and senior member of the portfolio management group.
At Lord Abbett, in Jersey City, N.J., MacLean oversaw that investment management company's bank loan and structured-product areas.
She was previously a leveraged loan portfolio manager at Nomura Corporate Research and Asset Management, and before that was as a portfolio manager at Pilgrim Investments.
Duko was an associate portfolio manager at Lord Abbett, also focusing on bank loans and structured products.
Before joining that company in 2006, he was an assistant portfolio manager with Nomura Corporate Research and Asset Management in New York.
