PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking.  We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

Internship positions are located in London.

You’re eligible to apply if you

  • Are an undergraduate currently pursuing a degree with an expected graduation date of December 2025 – June 2026
  • On track to achieve a minimum of 2:1 accredited university
  • Are business proficient in English

You’ll excel as an Alternatives Investment Intern if you

  • Have a strong interest in the financial markets, macroeconomics, investment finance, business operations
  • Have skills conducting research and basic financial modeling.
  • Demonstrate natural intuition to make good judgments, including a ‘trust but verify’ perspective when reviewing assumptions and conclusions
  • Are proactive in thinking about investments, including researching potential trends for opportunities and investment risks
  • Are a good communicator; have strong written and oral presentation abilities. Are persuasive and credible
  • Have strong work ethic and integrity; are a team player that is proactive and self-motivated
  • Have the ability to work effectively on multiple projects simultaneously

See yourself as an Alternatives Investment Intern

Since launching its first opportunistic credit vehicles over 15 years ago, PIMCO has developed a significant presence in both alternative credit and private investment strategies. Our strategies include those that seek to identify value primarily in listed securities, relying on fundamental and capital structure analysis, and also strategies that seek to privately finance the debt and equity needs of companies, asset holders, and origination platforms. We invest globally across commercial and residential real estate and mortgage credit, performing and distressed corporate debt, and specialty finance markets.

As an Alternatives Investment Intern, you will seek to identify operational opportunities and challenges of alternative credit and private strategy investments. You will work alongside seasoned associates and Portfolio Managers, focusing on financial modeling and qualitative analysis to evaluate performance and alternative paths for under-performing positions. Throughout the course of the summer, you will monitor performance of our positions; seeking to identify challenges and address them. Successful interns receiving full time offers will have the opportunity to join a two-year rotational program with a potential for a career track in Portfolio Management. Alts roles are available in Real Estate Debt, Real Estate Equity and Special Situation group.

The PIMCO Internship experience

  • The PIMCO Summer Internship Program beginning in early/mid-June 2025
  • During Week 1, you’ll participate in PIMCO Fundamentals Training, providing you with the skills, knowledge, and relationships that will prepare you for success
  • Alongside your colleagues, participate in PIMCO's Global Month of Volunteering, developed to heighten the impact of our employees' worldwide volunteer efforts
  • Join us for a variety of cross-divisional education, networking & social events!
  • Your supervisor, peer mentor, senior leaders and team offer guidance and mentorship throughout the summer
  • You’ll receive feedback at mid- and end-of-summer as part of a formal review process to keep you on the path to meeting your summer goals
  • As a PIMCO intern, you’ll receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations

Want to learn more? Hear about The PIMCO Internship Experience from past interns.

How you should apply

We review applications on a rolling basis and encourage you to apply by submitting your resume & unofficial transcript as soon as you are ready.

What to expect during the interview process

  • After we receive your application, we'll conduct an initial resume review.
  • You’ll showcase your interests, skills, and personality by completing a one-way video interview
  • If selected to move forward, you'll meet with us during final-round interviews conducted live via video conference. Interviews typically consist of behavioral and technical concepts.

PIMCO is an equal opportunity employer committed to creating an inclusive, cognitively diverse environment.