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Emmanuel Roman

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Emmanuel Roman
BornAugust 1963
Paris, France
Alma materParis Dauphine University
University of Chicago Booth School of Business
Occupation(s)PIMCO, CEO
Known forInvestment management
PredecessorDouglas M. Hodge

Emmanuel "Manny" Roman (born August 1963) is a French financial executive. He is the chief executive officer (CEO) of PIMCO, a leading global investment management firm, based in Newport Beach, California.[1] In 2011, he was named by the Evening Standard as one of London's 1000 most influential people.[2]

Early life and education

Roman grew up in Paris, the only child of the artists Philippe Roman and Véronique Jordan Roman. He earned a bachelor's degree in applied mathematics from the University of Paris IX Dauphine in 1985.[3] He later received an MBA in Finance from the University of Chicago Booth School of Business.[4]

Career

Roman has over 30 years of experience in the investment industry. He joined Goldman Sachs, a global investment banking, securities and investment management firm, in 1987 where he spent the first 18 years of his career. From 1996 to 2000 he served as co-head of Worldwide Equity Derivatives and was promoted to co-head of Worldwide Global Securities Services in 2000.[5]

In 2005, Roman joined GLG Partners, a discretionary investment manager, as co-CEO and later played a key role in its listing in 2007.[6] In 2010, Roman instigated the sale of GLG to Man Group,[7] one of the world's largest publicly traded alternative asset managers, and was named as president and chief operating officer.[8] Roman was added to Man Group's executive board in 2011 and named as successor to CEO Peter Clark the following year.[9]

While at Man Group, Roman engineered a number of successful acquisitions including Connecticut-based Silvermine Capital,[10] Boston-based quantitative equity manager Numeric Holdings[11] and US fund of hedge funds Pine Grove.[12]

In October 2016, Roman was named CEO of PIMCO, a global investment management firm headquartered in Newport Beach, California, replacing Douglas M. Hodge, who was CEO from 2014 to 2016.[13] As CEO, he serves on PIMCO's Executive Committee and has executive oversight of the firm's client and business areas, including broad strategy-setting and resource management.[1]

PIMCO has over 2,800 employees working in 17 offices across the globe and $1.88 trillion in assets under management, as of 30 September 2019*.[14] The company provides mutual funds, and other portfolio management and asset allocation products.[15] Roman was awarded the Chicago Booth Distinguished Alumni Award in 2019 in recognition of outstanding professional achievement. [16]

Personal life

Roman has two daughters[4] and a son. In addition to collecting art and wine,[17] Roman supports British football club, Arsenal.[6]

He is President of The PIMCO Foundation and currently sits on the board of trustees for the Tate Foundation, and the University of Chicago and the Board of Directors for The Paris Review. He previously sat on the Board of Directors for Societe Generale and publisher Penguin Random House[18] and served as a trustee of the Hedge Fund Standards Board as well as the Royal Marsden NHS Foundation Trust.

References

  1. ^ a b "Emmanuel Roman". PIMCO. 19 December 2013. Retrieved 5 May 2017.
  2. ^ Evening Standard, accessed 28th Nov 2019
  3. ^ "Bill Gross Made a Mess of PIMCO. Manny Roman Is Here to Clean It Up" Institutional Investor, November 2017
  4. ^ a b Allen, Susie (1 October 2013). "Gift from Emmanuel Roman, MBA'87, to support Neubauer Collegium for Culture and Society | UChicago News". News.uchicago.edu. Retrieved 5 May 2017.
  5. ^ Stocks. "Stocks". Bloomberg. Retrieved 5 May 2017.
  6. ^ a b Harriet Agnew (22 July 2016). "Manny Roman's career is a case study in impeccable timing". Financial Times. Retrieved 5 May 2017.
  7. ^ Sam Jones (17 May 2010). "Man agrees $1.6bn takeover of rival GLG". Financial Times. Retrieved 6 May 2017.
  8. ^ "Manny Roman, the new power behind Man Group". Reuters Editorial. 22 December 2010. Retrieved 5 May 2017.
  9. ^ "Stocks". Bloomberg. Retrieved 5 May 2017.
  10. ^ "Man Group plc Announces Acquisition of Silvermine Capital Management LLC | Man Man Group". Man.com. Retrieved 5 May 2017.
  11. ^ "Deals of the day: Man Group buys Numeric". Fortune. 19 June 2014. Retrieved 5 May 2017.
  12. ^ "Man Group to Acquire Pine Grove Asset Management | Man Man Group". Man.com. Retrieved 5 May 2017.
  13. ^ Fletcher, Laurence; Turner, Giles (20 July 2016). "Pimco's New Turnaround Man: Manny Roman". The Wall Street Journal. Retrieved 5 May 2017.
  14. ^ https://www.pimco.com/en-us/our-firm *Includes assets, employees and offices from Gurtin acquisition in January 2019. Assets reflect those managed on behalf of third-party clients and affiliated assets. Fund of funds assets have been netted from each strategy. Assets include $14.3 billion in assets of clients contracted with Gurtin Fixed Income Management, LLC, an affiliate and wholly owned subsidiary of PIMCO.
  15. ^ "Who We Are". PIMCO. 19 December 2013. Retrieved 5 May 2017.
  16. ^ https://www.chicagobooth.edu/daa
  17. ^ Stephen Foley (15 April 2017). "Emmanuel Roman fixes his sights on Pimco's rivals". Financial Times. Retrieved 6 May 2017.
  18. ^ http://global.penguinrandomhouse.com/profile/emmanuel-roman/
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