Ex-PIMCO global strategist prepares macro fund
April 22, 2010
Suzy Kenly Waite
Lee Thomas, who helped grow PIMCO’s multibillion-dollar business as its global strategist, is preparing to launch a macro fund.
Flint Rock Global Investors, founded in 2008 by ex-Pacific Investment Management Co. global strategist Lee Thomas, is preparing to launch a global macro strategy, which will begin taking in outside investors on June 1. The fund manages $30 million, and Thomas hopes to increase assets to $300 million within the next two years.
Thomas launched Flint Rock Global Investors in June 2008 as a family office. The Flint Rock Global Macro Fund gained 11.64% in its first partial year and rose 12.26% in 2009.
Before Flint Rock, Thomas spent four years as head of investment management at Alpha Vision Capital Management, a subsidiary of Alliance Global Investors, a role he took in 2004 after leaving PIMCO.
Thomas joined PIMCO as a portfolio manager...
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