Pimco Revs Up Private-Fund Playbook to Profit in Next Recession
A man walks past a Pacific Investment Management Company LLC (PIMCO) advertisment which is displayed on a building in Hong Kong. (Photographer: Brent Lewin/Bloomberg)

Pimco Revs Up Private-Fund Playbook to Profit in Next Recession

(Bloomberg) -- Pacific Investment Management Co. is prepping for the next downturn, betting high-fee private funds can turbocharge its growth.
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