Pimco Taps Deutsche ABS Expert

Brigitte Posch has left Deutsche Bank, where she was head of LatAm securitization, to join Pimco. At Deutsche, she led an effort to establish a new Brazilian ABS asset class called precatorio, which involves the securitization of settlement payments by federal, state and municipal governments. Separately, Pimco’s EM team recently lost corporates analyst Adam Borneleit, who left to join BlueBay Asset Management in London.