pacific investment management company , llc ( commonly called pimco ) , is an american investment management firm headquartered in newport beach , california , with over 2,000 employees working in 13 offices across 12 countries , and $ 1.51 trillion in assets under management as of 30 june 2016 .

the company provides mutual funds and other portfolio management and asset allocation solutions for millions of investors worldwide .

pimco offers a broad list of investment strategies that encompass the entire risk spectrum and capital structure , including core bonds and credit , structured credit , alternatives , real assets , equities and currencies .

pimco oversees investments on behalf of millions of clients , including retirement savers , public and private pension plans , educational institutions , central banks and government agencies , foundations and endowments and financial intermediaries among others .

the firm , a prominent thought leader in the financial markets , is known to have coined and popularized the phrase " the new normal " in the aftermath of the subprime mortgage crisis in 2009 .

" the new normal " as a standalone phrase has a long history dating to the post-first world war era and then seeing a new resurgence in use in the post 9/11 era .

more recently , pimco introduced " the new neutral " thesis to characterize a period of lower but stable economic growth , and interest rates to remain lower than historically for a longer period of time .

in april 2015 , pimco announced the hire of former federal reserve chairman , dr. ben bernanke as a senior advisor , following in the footsteps of predecessor federal reserve chairman , alan greenspan .

pimco

pimco <EOT> pimco investments llc , distributor , 1633 broadway , new york , ny , 10019 is a company of pimco . ©2017 , pimco .

pacific investment management company llc ( “pimco” ) is an investment adviser registered with the u . s . securities and exchange commission ( “sec” ) . pimco investments llc ( “pimco investments” ) is a broker - dealer registered with the sec and member of the financial industry regulatory authority , inc . ( “ finra ” ) . pimco and pimco investments is solely responsible for its content . pimco investments is the distributor of pimco investment products , and any pimco content relating to those investment products is the sole responsibility of pimco investments .

pimco is a trademark of allianz asset management of america l . p . in the united states and throughout the world . ©2018 pimco

pimco started as a subsidiary of pacific life insurance company to manage separate accounts for institutional clients . in 2000 , pimco was acquired by allianz se , a large global financial services company based in germany . pimco operates as a separate and autonomous subsidiary of allianz . the acquisition by allianz provided an opportunity for many of pimco ' s professionals to purchase an equity stake in pimco . [ 3 ]

pimco 1 - 3 year u . s . treasury index exchange - traded fund

pimco 1 - 5 year u . s . tips index exchange - traded fund

said the independent trustees for pimco’s fixed income and equity mutual funds and the chairman of pimco’s closed - end funds : ”we are “fully supportive of pimco , its executive leadership and its portfolio management teams . they have our complete confidence . ”

pimco has called the lawsuit “ legally groundless ” and is seeking its dismissal .

pimco co - ceo bill thompson to retire at end of 2008 . marketwatch .

largest bond fund pimco cuts us government holdings . gold anti trust action committee .

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learn how emmanuel roman expects to build on pimco’s legacy of delivering value to clients .

pimco has appointed man group chief manny roman as its next ceo , effective november 1 .

mr . hodge will move into a new role as managing director and senior adviser , pimco said .

the appointment indicates a shift back towards pimco’s traditional core focus on fixed income . in this morning’s statement , pimco referred to roman’s “expertise in fixed income” during his 30 - year career in financial services .

in a separate announcement earlier this week , pimco made two additions to its senior portfolio management staff .

pacific investment management company ( pimco ) has seen a massive outflow of investor funds since bill gross left abruptly in september 2014 . gross went to work for competitor janus after his working relationships soured at pimco .

very well done app to read the thought leadership posted by pimco . i like the push notification feature .

client withdrawals at pimco have weighed on the operating profit of allianz’s asset management arm in recent years , and they have caused some investors to call for the insurer to take a more direct role in managing pimco .

hundreds of billions in client money followed mr . gross out of pimco , which later faced a breach - of - contract lawsuit from its former star . pimco settled that suit for $ 81 million in march .

pimco’s industry - renowned experts analyze the world’s risks and opportunities , from global economic trends to individual securities .

pimco funds c / o dst asset manager solutions , inc . 30 dan road canton , ma 02021 - 2809

last year , pimco shut down two equity strategies following the resignation of virginie maisonneuve from her role as global equities cio . she went on to launch a boutique consulting firm in october , recruiting four former pimco equities specialists .

about pimco pimco is a leading global investment management firm , with offices in 12 countries throughout the americas , europe and asia . founded in 1971 , pimco offers a wide range of innovative solutions to help millions of investors worldwide meet their needs . our goal is to provide attractive returns while maintaining a strong culture of risk management and long - term discipline . pimco is owned by allianz s . e . , a leading global diversified financial services provider .

weathering withdrawals pimco can weather withdrawals from institutional and retail clients of as much as $ 350 - billion without hurting performance , according to morningstar . pimco had $ 1 . 87 - trillion in assets under management as of sept . 30 .

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“manny’s deep understanding of global markets , unique skills in investment management , and appreciation of pimco’s macro - based investment process make him the ideal executive to position the firm for long - term success , ” said daniel ivascyn , pimco’s group cio .

bill gross had a great run at the helm of the pimco total return fund , starting at its inception in 1987 .

the headquarters of investment firm pimco in newport beach , california , is seen a file photo taken january 26 , 2012 .

the appeal to resilience and determination is apposite in a period that ranks among the trickiest and most unpleasant in pimco’s history .

pimco europe ltd ( company no . 2604517 ) , is authorised and regulated by the financial conduct authority ( 25 the north colonnade , canary wharf , london e14 5hs ) in the uk . pimco is a trademark of allianz asset management of america l . p . in the united states and throughout the world . © 2018 , pimco europe limited . all rights reserved .

mr . gross added : " pimco ' s focus remains on delivering value to our clients through superior investment performance and client service . the firm ' s new leadership team embodies pimco ' s culture and values , and it reflects the strength and depth of our talent in both portfolio management and business management . with this team to lead us forward , pimco is in great hands . "

douglas hodge , chief executive officer : mr . hodge is a managing director in the newport beach office and is currently pimco ' s chief operating officer . previously he led the firm ' s asia pacific region from the tokyo office . he joined pimco in 1989

however , mr el - erian’s departure prompted many institutional clients to put their pimco holdings on a formal “watchlist” , which means they will be subject to greater scrutiny . certainly pimco’s rivals hope to prise some of its $ 1 . 9tn into their own hands .

jay jacobs , president : mr . jacobs is a managing director in the newport beach office and is currently the head of talent management globally . previously , he was the head of pimco ' s german business , based in munich . he joined pimco in 1998 .

pimco’s parent company , allianz , has welcomed the broader management bench and it expects mr gross’s successor as cio to emerge from there .

the pimco foundation , the charitable arm of global investment management firm pimco , presented per scholas with the 2015 leadership circle award on december 3 . recipients of this award are organizations adept at growing their impact and demonstrating ingenuity , while maintaining their quality and increasing their results .

" he is the perfect cio for the pimco we think of in the future , " pimco chief executive manny roman said in an interview . " what we & apos ; ve lost , and i would say it is a good thing , is the autocratic style . "

el - erian , who shared the role of cio with gross and served as pimco ' s chief executive officer , in january announced his resignation from the firm . el - erian is now chief economic adviser at pimco ' s parent allianz se and a contributor to bloomberg view .

unnerved by the potential loss of mr . ivascyn and other key employees , pimco parent allianz intended to fire mr . gross . mr . gross quit on sept . 26 . 2014 , and hours later pimco named mr . ivascyn as the firm & apos ; s next cio .

bond giant pacific investment management co . ( pimco ) , owned by germany’s allianz , is again reshuffling deck chairs on the executive ship . [

mr . ivascyn declined to comment about his interactions with mr . gross . pimco officials have disputed mr . gross & apos ; s allegations .

“manny’s deep understanding of global markets , unique skills in investment management and appreciation of pimco’s macro - based investment process make him the ideal executive to position the firm for long - term success , ” daniel j . ivascyn , pimco’s chief investment officer , said in a news release on tuesday .

douglas hodge , chief executive officer of pimco and president of the pimco foundation , shared in the presentation of the award , “since inception , the pimco foundation has awarded nearly $ 22 million to our nonprofit partners that are focused on solving some of the world’s most pressing issues . and this year is no different , as we continue to invest in organizations that are engaging in our local and global communities and empowering others to better their lives . ”

under this leadership structure , mr . balls and mr . worah have additional managerial responsibility for pimco’s portfolio management group and trade floor activities globally . mr . balls will oversee portfolio management in europe and asia - pacific , and mr . worah will oversee portfolio management in the u . s . said michael diekmann , chief executive officer of allianz group : “since becoming part of the allianz group in 2000 , pimco has grown enormously and contributed consistently to allianz’s success . we join our pimco colleagues in recognizing bill gross for his accomplishments over the 43 years since pimco’s founding . we wish bill good luck . the management and investment structure put in place in january as well as the thorough succession planning gives us complete confidence in pimco’s investment and executive leadership team . ”

pimco is a large global investment firm . it had around $ 1 . 52 trillion assets under management ( aum ) as of june 2015 . despite investors pulling their money , its flagship total return fund has performed reasonably well since the exit of gross . pimco ' s other funds have had mixed performances .

you will need your pimco funds account number to establish a user id and password for this site . your account number can be found on your quarterly statement .

now you can stay connected to pimco ' s investment expertise and thought leadership wherever life takes you , with our new pimco app for your iphone and ipad . enjoy instant access to our most up - to - date market intelligence , economic perspectives and the thinking of our world - renowned investment professionals around the globe .

thank you to the pimco foundation for this honor . to learn more about how your company can support per scholas in many different ways , go to urltoken .

by secular dynamics , pimco has always emphasized a 3 - 5 year focus on secular political , economic , demographic , and market sector trends . [ 2 ]

mr . ivascyn & apos ; s ascension to the top of pimco epitomizes the new direction taken by the california money manager as it recovers from the most tumultuous period in its history . he succeeded bill gross , the pimco co - founder and bond market legend who exited in september 2014 after clashes with fellow executives .

in a sign of how closely gross was identified with pimco , a riptide of client assets followed in the wake of his abrupt departure from the company last month . pimco said some $ 23 . 5 billion poured out of the fund during the month , most in the aftermath of gross’ announcement that he would join janus capital .

but mr . ivascyn wasn & apos ; t immune to the strain that developed inside pimco as mr . gross & apos ; s relationships with fellow executives deteriorated .

daniel ivascyn , deputy chief investment officer : mr . ivascyn is a managing director in the newport beach office , head of mortgage credit portfolio management , and a lead portfolio manager for pimco ' s alternatives investment strategies . morningstar named him 2013 fixed - income fund manager of the year ( us ) . he joined pimco in 1998 .

pimco is a major partner of per scholas , representing multiple levels of engagement with our organization over the past four years , including funding , volunteerism and leadership . in addition to hosting two volunteer events , pimco has given more than $ 150 , 000 in support of per scholas’ commitment to diversifying the tech - talent pipeline by training 1 , 000 women technologists by 2018 . pimco has supported numerous per scholas events , including our first annual women in technology event in 2014 . and in 2015 , mr . sagar bhatt , vice president portfolio manager at pimco , joined the new york city advisory board , bringing his leadership to help further the work of per scholas in nyc .

craig dawson , head of strategic business management : mr . dawson is a managing director and is currently head of pimco germany , austria , switzerland and italy , based in the munich office . he is also head of product management for europe . in his new role , he will relocate to the newport beach office . he joined pimco in 1999 .

when it comes to the tussle for market share in the asset management industry , pimco’s pain is someone else’s gain . last week jpmorgan asset management sent a triumphant internal email .

" the kid is not working out , " one portfolio manager told then - pimco mortgage boss scott simon . " he & apos ; s not a great fit . "

they had begun to argue openly , which was unusual . el - erian left pimco in march 2014 , though he remained on the management committee of allianz , pimco ' s parent company , despite his departure . there were also reports that gross was beginning to act erratically . he even discussed the death of his cat in a strange letter to investors .

as manager of the world ' s largest bond fund , pimco made headlines when it cut the fund ' s exposure to u . s . government - related debt in january 2011 . pimco ' s total return fund , run by bill gross , reported that holdings fell from 22 percent in december 2010 to 12 percent in january 2011 . [ 6 ]

said mr . hodge : “as part of our responsibilities to our clients , employees and parent , pimco has been developing a succession plan for some time to ensure that the firm is well prepared to manage a seamless leadership transition in its portfolio management team . we have passed the torch of leadership to a team of investors who are among the very best in the investment management industry . they are seasoned , highly skilled professionals who embody pimco’s values and have established track records of delivering value to clients . ” mr . hodge continued : “today’s announcement marks the completion of our portfolio management succession process . these appointments are a continuation of the structure that pimco established earlier in 2014 and they reflect our long - held belief that the best approach for pimco’s clients and our firm is to evolve our investment leadership structure to a team of seasoned , highly skilled investors overseeing all areas of pimco’s investment activities . ”

“pimco has become the global leader in active management of fixed income by seeking to provide investors with innovative solutions as the global markets change , ” said hodge . “as the asset management industry continues to evolve , manny will bring new perspectives to pimco’s leadership team and add his unique talents to our already successful firm and i look forward to working with him . ”

competitors are rubbing their hands in glee . but questions about pimco’s future predate the fractious end of the “bill and mohamed show” , and will continue even as the personal drama recedes .

bill gross’s decision to assume personal control of pimco’s unconstrained bond fund was not enough to prevent it being surpassed , as the battle for fixed income supremacy moves on to new turf .

the hiring of mr . roman , a former goldman sachs banker who joined man in 2010 , comes at a pivotal time for pimco , which is owned by the german insurer allianz .

in june , pimco notified employees that it was cutting 68 jobs , or about 3 percent of its work force , and closing some funds as part of a cost - cutting effort .

roman will succeed douglas hodge , who has led the newport beach , california - based company since 2014 . hodge will become managing director and senior advisor , pimco said in a statement .

investors pulled $ 19 . 4 - billion ( u . s . ) from pimco total return fund in december , bringing redemptions in 2014 to a record $ 105 - billion , according to data compiled by bloomberg using information from newport beach , california - based pimco and morningstar inc . assets in the world ' s biggest bond fund fell to $ 143 . 4 - billion as of dec . 31 , according to a jan . 2 statement from pimco , down by more than half from a peak of $ 293 - billion in april , 2013 .

pimco & apos ; s new cio bears little resemblance to his predecessor . mr . gross was known inside pimco for his outbursts , was a regular fixture on financial tv shows and occupied an extra - large desk at the center of the firm & apos ; s trading floor . mr . ivascyn typically lets others speak first in meetings , rarely appears on tv and chose a desk no bigger than others . he ended pimco & apos ; s practice of reserving choice parking spots for key executives and , until recently , he drove a toyota prius to work .

• minor bug fixes . for uninterrupted use of the pimco app , please update to version 2 . 0 . 5 and above . soon , older versions will no longer receive content updates .

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the announcement comes nearly two years after william h . gross , pimco’s co - founder — who is known as the “bond king” — was forced out and joined its rival , janus capital group .

ivascyn said luk’s and wilding’s hires were examples of the “top industry talent” pimco has added to its roster , adding that the firm has hired more than 140 new employees globally so far in 2016 .

andrew balls , deputy chief investment officer : mr . balls is a managing director in the london office , a member of the investment committee and head of european portfolio management . he joined pimco in 2006 .

gross resigned from the company in september 2014 to join janus capital group managing a newly created bond fund . pimco named daniel ivascyn as group chief investment officer , replacing gross in that position . [ 7 ]

douglas hodge , cfa : mr . hodge is a managing director in the newport beach office and pimco ' s chief executive officer - elect . he is currently pimco ' s chief operating officer . he also serves on pimco ' s executive committee and on the global executive committee for allianz asset management , the governing body of asset management for the allianz group . earlier , mr . hodge led the asia pacific region from the firm ' s tokyo office from 2002 - 2009 . he joined pimco in 1989 and has previously served the firm as a senior account manager responsible for client relationships worldwide and as a global product manager . mr . hodge currently serves on the board of the securities industry and financial markets association . he has 28 years of investment experience and holds an mba from harvard business school . he received an undergraduate degree from dartmouth college .

he survived this rocky start after mr . simon argued that mr . ivascyn hadn & apos ; t been given a fair shot . but it was the 2008 financial crisis that made him a star within pimco .

“for 20 years , per scholas has been an innovator and leader in new york city . our work shows that we will stop at nothing to create better opportunities for our students and their families . we are extremely honored to be chosen out of pimco’s 57 grantee partners for this award , and grateful to pimco for their continued support of our mission and programs , ” shares executive director of social venture and innovations , angie kamath .

allianz said that in the first quarter of 2016 , those outflows at pimco slowed , but continued to weigh on its overall client assets in its asset management arm . allianz had 9 billion euros , or about $ 9 . 9 billion , in net outflows in the three - month period , driven by clients pulling funds from pimco , the company said . that was compared with €62 billion in outflows in the first quarter of 2015 .

you will need your pimco account number and social security or tax identification number ( ssn / tin ) . once you have created your user id and password , you will be able to access your account ( s ) .

london — the bond giant pimco has hired emmanuel roman , the chief executive of the british hedge fund manager man group , as its new top executive , as the california - based fund looks to turn around its fortunes .

jay jacobs , cfa : mr . jacobs is a managing director in the newport beach office and pimco ' s president - elect . he is currently the head of talent management globally . previously , he was the head of pimco ' s german business and a member of the company ' s european management team for five years , based in munich . he joined the firm in 1998 , working initially in the management group in newport beach . prior to joining pimco , mr . jacobs was a vice president at commercial trust company . he has 19 years of investment experience and holds an mba from georgetown university . he received his undergraduate degree from washington university , st . louis .

at pimco , mr . roman will find a company that has struggled to regain its stride — and client trust — since the departures of mr . gross and mohamed a . el - erian , the company’s former chief executive .

morningstar , whose recommendations are widely followed by retail investors and their advisers , downgraded its “stewardship” rating on pimco’s funds , for fear that the new deputy cios might not have the “temerity” to challenge mr gross and that the decisions of pimco’s investment committee would be less robust as a result . but mr jacobson has not changed his overall assessment of the total return fund , which he reiterated in a conference call for financial advisers on wednesday remains “a compelling choice” .

mr gross took over the pimco fund in december , after chris dialynas , its manager of five years , said he would take a sabbatical . he has since shifted money from super - safe us treasuries into riskier corporate credit .

mr . balls is cio global , a managing director in the london office and a member of the investment committee . he is head of european portfolio management , leading pimco ' s european investment team ( which is based in london and munich ) , and he also oversees pimco ' s investment teams in the asia pacific region . he manages a range of global and european portfolios , including pimco’s global advantage strategy , combining developed and emerging fixed income markets . mr . balls was previously a portfolio manager in newport beach and the firm ' s global strategist . prior to joining pimco in 2006 , he spent eight years at the financial times as an economics correspondent and columnist in london , new york and washington , dc . he has 16 years of investment experience and holds a bachelor ' s degree from oxford and a master ' s degree from harvard university . he was a lecturer in economics at keble college , oxford .

the reasons for mr el - erian’s exit , and mr gross’s sometimes startling public reaction to it , have prompted a second look at what morningstar analyst eric jacobson calls the “pressure cooker atmosphere” inside pimco’s headquarters in newport beach , california .

repeated bouts of underperformance by pimco funds , or evidence of sustained outflows , could change that view , mr jacobson said , but “we believe bill gross is no less the investor than he was prior to mohamed el - erian’s departure” .

september 27 , 2014 , ( newport beach , ca ) : pimco , a leading global investment management firm , has elected daniel ivascyn to serve as group chief investment officer ( “group cio” ) , succeeding william h . gross who has left the firm . in addition , the firm appointed andrew balls , cio global ; mark kiesel , cio global credit ; virginie maisonneuve , cio equities ; scott mather , cio u . s . core strategies ; and mihir worah , cio real return and asset allocation . douglas hodge , pimco’s chief executive officer , and lew “jay” jacobs , president , will continue to serve as the firm’s senior executive leadership team , spearheading pimco’s business strategy , client service and the firm’s operations .

daniel ivascyn : mr . ivascyn is a managing director in the newport beach office . he is the head of the mortgage credit portfolio management team and a lead portfolio manager for pimco ' s credit hedge fund and mortgage opportunistic strategies . mr . ivascyn is a member of pimco ' s executive committee and has also periodically served as a member of the investment committee . prior to joining pimco in 1998 , he worked at bear stearns in the asset - backed securities group , as well as t . rowe price and fidelity investments . he has 22 years of investment experience and holds an mba in analytic finance from the university of chicago graduate school of business and a bachelor ' s degree in economics from occidental college .

mr . el - erian , who had long been seen as mr . gross’s heir apparent and had served as pimco’s most prominent spokesman , abruptly left the company in january 2014 . mr . gross was forced out about nine months later .

pimco ' s total assets dropped by 15 % from september 2014 to march 2015 . the total return fund lost around $ 180 billion in assets from mid - 2013 to may 2015 . the fund went below $ 100 billion in assets in september 2015 for the first time since 2007 . other large bond funds at pimco also saw substantial outflows . the vanguard total bond market index fund is now the largest bond fund , with $ 147 billion in assets as of december 2015 .

pimco believes that investing at its best is an act of conviction . the research , analysis and thought leadership of our industry - renowned experts allow us to anticipate and innovate , delivering opportunities that aim to maximize the possibilities for our clients .

andrew balls : mr . balls is a managing director in the london office , a member of the investment committee and head of european portfolio management . he leads pimco ' s european investment team ( which is based in london and munich ) and manages a range of global and european portfolios , including pimco ' s global advantage strategy , combining developed and emerging fixed income markets . he is also a member of the pm management group , overseeing pimco ' s global interest rate and foreign exchange teams . mr . balls was previously a portfolio manager in newport beach and the firm ' s global strategist . prior to joining pimco in 2006 , he spent eight years at the financial times as an economics correspondent and columnist in london , new york and washington , dc . he has 15 years of investment experience and holds a bachelor ' s degree from oxford and a master ' s degree from harvard university . he was a lecturer in economics at keble college , oxford .

but in early 2008 , mr . ivascyn directed a team of temps to scour the offering documents of scores of bonds linked to souring mortgages . the research helped pimco determine which bonds were more or less likely to meet their obligations to investors .

according to its own preliminary estimates , it has overtaken pimco and is now running the largest fund in the fast - growing category of “alternative” bond funds , which are a popular place for fixed income investors to put their money while interest rates rise .

gross left pimco in september 2014 . he suddenly announced his departure and said that he was joining janus . it was rumored that allianz was planning to replace gross because of his issues working with others . gross jumped the gun before he could be replaced .

investors should consider the investment objectives , risks , charges and expenses of the fund carefully before investing . this and other information are contained in the fund’s prospectus , which may be obtained by contacting your pimco representative . please read the prospectus carefully before you invest .

mr . parikh is a managing director in the newport beach office and generalist portfolio manager . mr . parikh is also a member of the pimco investment committee and leads the firm’s cyclical economic forums . he previously served as a specialist portfolio manager on the short - term , mortgage and global portfolio management teams . prior to joining pimco in 2000 , mr . parikh was a financial economist and market strategist at ubs warburg . he has 15 years of investment experience and holds undergraduate degrees in economics and biology from grinnell college .

invested . pimco believes there is nothing more important than the partnership with our clients . markets don’t stand still and neither do we , innovating to build solutions to meet investors’ evolving needs . we are invested in helping our clients achieve what they set out to accomplish .

mr . ivascyn is group cio , and a managing director in the newport beach office . he is the head of the mortgage credit portfolio management team and a lead portfolio manager for pimco ' s credit hedge fund and mortgage opportunistic strategies . mr . ivascyn is a member of pimco ' s executive committee and a member of the investment committee . morningstar named him fixed - income fund manager of the year ( u . s . ) for 2013 . prior to joining pimco in 1998 , he worked at bear stearns in the asset - backed securities group , as well as t . rowe price and fidelity investments . he has 23 years of investment experience and holds an mba in analytic finance from the university of chicago graduate school of business and a bachelor ' s degree in economics from occidental college .

investors began pulling their money in droves once the departure was announced . even though pimco moved quickly to install new leadership and took steps to soothe the fears of investors , they were understandably nervous that the fund ' s iconic founder had left the firm under a cloud .

prepared . pimco believes that performance starts with preparation . we conduct exhaustive research and analysis to continuously evaluate the world’s changing risks and opportunities , from broad economic trends to individual securities . our aim is to deliver forward - looking solutions that maximize the possibilities for our clients .

pacific investment management company , or pimco , has seen hundreds of billions of dollars in client assets walk out the door since mr . gross’s departure , and it is facing a lawsuit by mr . gross accusing the company of wrongful termination and seeking $ 200 million in damages .

the total return fund did not have a very good performance in 2014 . investors were starting to pull money from the fund as the entire bond market was under significant pressure . employees at pimco were likewise under a significant amount of pressure . mohamed el - erian was the chief executive officer ( ceo ) and co - chief investment officer ( cio ) of pimco and a very respected member of the international finance community . he was also very visible in the media . there were rumors that the working relationship between el - erian and gross was deteriorating .

according to its own preliminary estimates , it has overtaken pimco and is now running the largest fund in the fast - growing category of “alternative” bond funds , which are a popular place for fixed income investors to put their money while interest rates rise ( see section below ) .

investors should consider the investment objectives , risks , charges and expenses of the funds carefully before investing . this and other information are contained in the fund’s prospectus , which may be obtained by contacting your pimco representative or by clicking here . please read the prospectus carefully before you invest .

investment performance will settle the short - term battle for market share in fixed income . mr gross had what he called a “stinker” of a 2011 , too , missing a rally in us treasuries , but he bounced back in 2012 . this past year’s underperformance has not been confined to the total return fund ; the average pimco mutual fund is in the bottom half of its class over a one - year horizon , according to morningstar . but pimco says the figures do not include accounts managed separately for institutional clients and therefore do not reflect the firm as a whole .

mr . dialynas is a managing director in the newport beach office , a portfolio manager , and a member of pimco’s investment committee . he has written extensively and lectured on the topic of fixed - income investing . mr . dialynas served on the editorial board of the journal of portfolio management and was a member of the fixed income curriculum committee of the association for investment management and research . he has 36 years of investment experience and holds an mba from the university of chicago graduate school of business . he received his undergraduate degree from pomona college . he joined pimco in 1980 .

craig dawson , cfa : mr . dawson is a managing director and head of strategic business management . he is currently based in the munich office and is also responsible for pimco ' s business in germany , austria , switzerland and italy . he is also head of product management for europe . prior to joining pimco in 1999 , mr . dawson was with wilshire associates , an investment consulting firm . he has 19 years of investment experience and holds an mba from the university of chicago graduate school of business . he received his undergraduate degree from the university of california , san diego .

our portfolio management team is headed by our chief investment officers ( cios ) , led by daniel j . ivascyn . investment decision - making at pimco , however , is very much a team effort , one that draws upon the skills and insights of our portfolio managers and analysts around the globe .

the pair join new hires gene frieda and yacov arnopolin , whose appointments to pimco’s emerging markets team were made public earlier this month . frieda , global strategist for emerging markets , was previously a partner at moore capital management—another hedge fund—while arnopolin , a portfolio manager , joined from goldman sachs asset management .

jpmorgan’s strategic income opportunities fund hit $ 25 . 8bn in assets last week , according to the internal email , up from $ 15 . 3bn a year ago and edging out pimco’s fund , which suffered outflows in each of the six months to february , according to morningstar , the research house .

pimco exchange - traded funds ( etfs ) provide investors with another way to access our time - tested investment process with daily transparency , convenient access and low investment minimums . our wide range of actively managed and smart index etfs offer efficient exposure across a variety of sectors , geographical regions and investment objectives .

mr . kiesel is cio global credit and a managing director in the newport beach office . he is a member of the pimco investment committee , a generalist portfolio manager and the global head of corporate bond portfolio management , with oversight for the firm’s investment grade , high yield , bank loan , municipal and insurance business as well as credit research . morningstar named him fixed - income fund manager of the year in 2012 and a finalist in 2010 . he has written extensively on the topic of global credit markets , founded the firm’s global credit perspectives publication and regularly appears in the financial media . he joined pimco in 1996 and previously served as pimco ' s global head of investment grade corporate bonds and as a senior credit analyst . he has 22 years of investment experience and holds an mba from the university of chicago ' s graduate school of business . he received his undergraduate degree from the university of michigan .

pimco’s outgoing ceo hodge was responsible for steering the company through its toughest period following the shock exit of bill gross in september 2014 , and ex - ceo mohamed el - erian a few months earlier . chief economist paul mcculley left the firm in 2015 after working there on - and - off since 1990 .

pimco insiders say they have made more progress than they have been given credit for . core bond funds , two - thirds of assets under management at the start of the 2000s , now account for less than one - third . new products include racier credit funds , high yield and hedge funds and real estate .

his career at pimco nearly ended before it began . it was the summer of 1998 , and mr . ivascyn was the newest trader on the firm & apos ; s mortgage desk . a week into his new job , hedge fund long term capital management & apos ; s implosion roiled markets around the world .

i really like the convenience of having a voice of reason right on my iphone . i don ' t have to wait to see these guys on cnbc or dig through websites . this app is nicely laid out . i hope they don ' t start charging for this information or restrict it to only pimco clients .

mr . ivascyn , who had never traded anything before , struggled to keep up with the chaos . pimco pulled him from the mortgage desk and exiled him to the opposite end of the same floor , where he sometimes sat alone . colleagues encouraged him to send out his résumé , people familiar with the matter said .

he had just taken over a new mutual fund , launched with little fanfare , that sought to meet retail investors & apos ; appetite for steady income from bonds . several other senior pimco officials turned down the chance to manage the income fund because it veered from mr . gross & apos ; s total return strategy .

the analysis helped pimco weather the downturn . and in the years that followed the crisis , it gave mr . ivascyn the confidence to invest heavily in bonds that stood to snap back in value as the economy stabilized . the income fund , now co - managed with alfred murata , was a prime beneficiary of those trades .

pacific investment management co . , or pimco as it is widely known , is a global investment management firm that had over $ 829 . 5 billion in assets under management as of june 30 , 2008 . it was founded by william ( bill ) h . gross in 1971 with only several million of assets . [ 1 ]

pimco has also signalled a willingness to push more aggressively into equities . virginie maisonneuve , poached from schroders to head the equities division , was promoted to one of the deputy cio slots within days of arriving at the company . she plans to expand the equities staff from 50 to 65 , with further hiring to come after that .

all investments contain risk and may lose value . this material is intended for informational purposes only . forecasts , estimates and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security , strategy or investment product . no part of this material may be reproduced in any form , or referred to in any other publication , without express written permission . pimco is a trademark of allianz asset management of america l . p . in the united states and throughout the world . the new neutral is a trademark of pacific investment management company lcc in the united states and throughout the world . ©2018 , pimco

said mr . gross : " mohamed has been a great leader , business builder and thought leader for pimco and our clients . together we have guided the firm and served our clients during a period of significant change in the global economy and financial markets . we are pleased that he will remain a part of the allianz group . "

as manager of pimco & apos ; s income fund , mr . ivascyn also attracted enough new money to claim the title of world & apos ; s largest actively managed bond fund - - a perch long occupied by mr . gross & apos ; s total return fund . the income fund now manages more than $ 79 billion .

things didn’t get much better . in 2013 , bill gross had the worst year of his career . the unceremonious departure of co - ceo mohamed el - erian earlier this year was followed by a series of stories detailing the difficulties of working under gross . the wall street journal reported that pimco executives planned to fire gross before he left .

coro received a $ 150 , 000 grant from the pimco foundation to expand its youth leadership programming . this funding will expand the youth leadership academy program which prepares student leaders with an understanding of how education policy and practice is shaped ; the skills to develop their ideas ; and the opportunities for senior policymakers to meaningfully engage youth around their solutions .

gross founded pimco in 1971 with an initial $ 12 million in assets . he started the total return fund in 1987 and successfully built it into the largest mutual fund in the world . the fund grew to as large as $ 293 billion in aum in april 2013 . the fund lost its crown as the largest mutual fund in october 2013 .

“if the bond market is going to be as treacherous as i think it might be , bill gross is going to be a tremendous competitor , ” says michael lipper , who has tracked the rise of pimco over four decades , first through the mutual fund data company that bears his name and now as an adviser to endowments and wealthy families .

bond firms including doubleline capital have benefited as investors are reviewing their investments with pimco . doubleline , the bond firm co - founded by jeffrey gundlach , received $ 2 . 2 - billion in december , bringing last year ' s total of net new money to $ 10 . 9 - billion , the los angeles - based firm said in a statement .

“the idea he runs a one - man show is absolutely inaccurate , ” says a long - time trustee of pimco mutual funds . “he cannot manage the full $ 2tn . it hasn’t been that way for years . it is a driven firm , and to meet client expectations they work hard . 2013 wasn’t up to their standards but they will get back there . ”

gross , who co - founded pimco in 1971 and built it into one of the nation ' s largest money managers , left after deputies including now - group chief investment officer daniel ivascyn said they would quit and management debated his ouster , according to people familiar with the matter . gross resigned to run an unconstrained fund at denver - based money manager janus capital group inc .

when mr el - erian resigned , pimco planned to introduce a new management structure with mr hodge taking the chief executive role and three deputy chief investment officers under mr gross . however , within hours of the announcement , marc seidner , an el - erian lieutenant who was also fed up with the tensions , said he was quitting to run fixed income for gmo in boston .

blackrock in particular is ready to pounce . the biggest money manager in the world , blackrock’s fixed income business performed poorly during the crisis , in stark contrast to the resilience shown by pimco . now , blackrock is pointing to better comparative numbers as the crisis period is falling out of the five - year performance record that many retail and institutional investors use to assess potential managers .

mr . gross said in his lawsuit that his pimco career reached a breaking point when mr . ivascyn and other managing directors threatened to resign . he said in the suit that mr . ivascyn , who was named as a deputy cio in 2013 , was " foremost " among the individuals who sought to oust him as a way of collecting his share of the bonus pool .

newport beach , ca - - ( marketwired - jan 21 , 2014 ) - pimco , a leading global investment management firm , announced today that chief executive officer and co - chief investment officer mohamed a . el - erian has decided to step down from his role and leave the firm in mid - march . he will remain a member of the allianz international executive committee and , as of mid - march , also advise the board of management of allianz on global economic and policy issues . pimco ' s founder william h . gross will continue to serve as the firm ' s chief investment officer . at the same time , the firm has appointed a new portfolio management and executive leadership team . they will immediately begin to transition into their new roles .

mr . mather is cio u . s . core strategies , and a managing director in the newport beach office and head of global portfolio management . previously , he led portfolio management in europe , managed euro and pan - european portfolios and worked closely with many allianz - related companies . he also served as a managing director of allianz global investors kag . prior to these roles , mr . mather co - headed pimco ' s mortgage - and asset - backed securities team . prior to joining pimco in 1998 , he was a fixed income trader specializing in mortgage - backed securities at goldman sachs in new york . he has 20 years of investment experience and holds a master ' s degree in engineering , as well as undergraduate degrees , from the university of pennsylvania .

except for the historical information and discussions contained herein , statements contained in this news release constitute forward - looking statements within the meaning of the private securities litigation reform act of 1995 . these statements may involve a number of risks , uncertainties and other factors that could cause actual results to differ materially , including the performance of financial markets , the investment performance of pimco ' s sponsored investment products and separately managed accounts , general economic conditions , future acquisitions , competitive conditions and government regulations , including changes in tax laws . readers should carefully consider such factors . further , such forward - looking statements speak only on the date at which such statements are made . pimco undertakes no obligation to update any forward - looking statements to reflect events or circumstances after the date of such statements .

mr . roman will join pimco on nov . 1 , replacing douglas hodge as chief executive , and will be based at the company’s headquarters in newport beach . mr . roman , 52 , joined man in 2010 after it acquired glg partners , where he was co - chief executive . he has nearly 30 years of experience in the investment industry , including 18 years at goldman sachs .

“it would be poor form to talk down a competitor , ” says matthew appelstein , head of us distribution at rbc global asset management , “but we can talk about the ‘efficient frontier’ for a portfolio and the optimal risk - return trade - offs . ” like many , rbc’s pitch to investors is that it would be prudent to shift a portion of their pimco allocation to another firm .

with our launch in 1971 in newport beach , california , pimco introduced investors to a total return approach to fixed income investing . in the 45 + years since , we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions . today we have offices across the globe and 2 , 200 professionals united by a single purpose : creating opportunities for investors in every environment .


wachusett brewing company is a microbrewery and craft brewery in westminster , massachusetts .

founded in 1993 , by former attendees of worcester polytechnic institute , wachusett brewing company is worcester county 's first and only brewery and was well-accepted by the town of westminster .

one of the founders said , " the town has just opened their arms .

the area 's been hit hard by lay-offs and they 're excited to see a new business and a new industry try to make a go of it . "

the company maintains a relationship with the founders ' alma mater and has arranged for students of worcester polytechnic institute 's department of chemical engineering to earn college credit in cooperation with the brewery .

in 2005 , the company 's founders received the college 's ichabod washburn young alumni award for professional achievement .

the brewery produces a variety of beers including ales and a porter .

its most distinctive and unusual product is probably " wachusett blueberry " , a wheat ale with a hint of natural blueberry flavor .

wachusett brewing company 's largest account is the wachusett mountain ski area and together they co-sponsor such events as the annual " the wachusett to wachusett 5m " ski race .

wachusett brewing company

wachusett brewing company <EOT> wachusett brewing company , westminster : hours , address , wachusett brewing company reviews : 4 . 5 / 5

wachusett brewing company was founded in 1994 by 3 massachusetts college buddies who developed a s . . .

while at smartfish , mcmahan worked on branding and creative projects for dozens of beverage clients , including pabst brewing , golden road brewing , creature comforts , wormtown brewery , long trail brewing , otter creek brewing and half full brewery , among others .

wachusett brewing company was founded in 1994 by 3 massachusetts college buddies who developed a significant appreciation for craft beer during their adventures of biking , canoeing and hiking around n . . .

nestled between route 2 and the new hampshire border , in the rolling hills of north - central massachusetts , lies worcester county ' s first and only brewery , the wachusett brewing company .

wachusett brewing company today announced that christian mcmahan , who most recently served as a managing partner of creative agency smartfish , would join the massachusetts - based craft brewery as its new president .

much of wachusett’s anticipated growth will depend on the success of wally ipa , a recently introduced new england - style ipa that was co - developed by mcmahan and lafortune , along with the company’s brewing team .

quinn summed up his approach to brewing this way : " everyone thinks brewing is just a recipe , but brewing is a process . you can take two different people and give them the same ingredients to work with and they ' ll give you two different beers . "

wachusett grew 36 percent , to 55 , 000 barrels , in 2016 , and the company expects to produce 70 , 000 barrels of beer and hard seltzer this year .

“his passion for beer and all related to brewing is infectious , ” he added . “with our shared leadership of wbc , i am bullish on the future of our company and the entire craft segment . ”

sales representative in northern california ( alameda county and other delta pacific territory ) - barley forge brewing co .

the company ' s largest account is the wachusett mountain ski area , which was going through a brisk 10 kegs per week in february . wachusett country ale can also be found at beer bars such as o ' connor ' s restaurant and bar in worcester .

i would give 0 stars if that was an option . i’ll never support a company that deletes negative customer comments and blocks people for sharing their honest feedback . grow up , wachusett !

ned l . says , “wachusett mountain is the place for winter fun ! while you are there , check out the lounge and grab a wachusett brew . ”

wachusett co - founder ned lafortune , meanwhile , will continue to serve as the company’s ceo and remain active in various “planning , strategy , design , process and problem solving” projects , a press release noted .

the three longtime friends - lafortune is ceo and quinn head brewer in their as - of - yet loosely constructed hierarchy - developed the idea for the brewery in 1993 , although " ned probably started worrying about it in ' 92 , " said quinn . the group studied brewing under vermont ' s ray mcneill and at the ipswich brewing company . the first kegs and 40 - ounce growlers of wachusett country ale rolled off the line december 19 , 1994 .

westminster , ma — wachusett brewing company is taking their brewery to the next level . the new brew yard promises to be the next great addition to the vibrant new england craft beer destination scene . guests will now be able to visit the brewery , buy a pint , grab a bite to eat from a local food truck and relax while listening to a wide variety of music .

at wachusett , mcmahan’s initial directives will be threefold : he’ll first look to create a strategic innovation plan for the wachusett brand , which could include “portfolio architecture” adjustments as well as a possible rebrand , he told brewbound .

the beer is the best quality and enjoyment in the state ( massachusetts ) . whatever type of beer you enjoy wachusett brewing has an excellent selection . i think their ipas are my favorites . the food wagon has the best fish taco that i have ever had . the . . .

“we are excited to create a whole new experience for our fans with the opening of our brew yard” said christian mcmahan , president of wachusett brewing . “the new england beer scene is amazing right now and we look forward to adding our brewery as a must visit destination for craft beer enthusiasts and everyone living in our surrounding communities . ”

mcmahan will also be tasked with refining the go - to market strategy for nauti seltzer , the company’s hard seltzer offering , and creating a “best in class on - site experience , ” for brewery visitors .

as part of the move to wachusett , mcmahan has agreed to sell his equity stake in smartfish back to the firm’s other partners , he confirmed to brewbound .

wachusett brewing company was founded in 1994 by 3 massachusetts college buddies who developed a significant appreciation for craft beer during their adventures of biking , canoeing and hiking around new england . armed with a " we can do this " attitude , the three cast off from their careers in engineering and biology to pursue their passion to make great beer . today , wachusett has grown to become one of the largest breweries in northeast with a diverse and award - winning portfolio of ales and lagers that are still made with the same " we can do this " attitude that started the brewery over 20 years ago . come visit us at the brew yard located at our brewery in westminster ma to learn more about our story and sample our wide variety of beers . we hope to see you soon !

wachusett currently distributes its beer throughout massachusetts , new hampshire , connecticut , rhode island , maine , and vermont . mcmahan said he also planned to assess additional distribution opportunities outside of the northeast .

ned l . says , “looking for a bite to eat with a great selection of wachusett ales ? this is the place . blueprint has the biggest selection of our beer in central ma . ”

the expansive wachusett facility , located just a half - mile north off route 2 in westminster , is the handiwork of flannel - clad 20 - something grunge brewers ned lafortune , peter quinn and kevin buckler .

meanwhile , on june 17 , wachusett plans to open its new “brew yard , ” an outdoor beer garden featuring food and a selection of draft beers . a separate , indoor “tap barn” is also planned , mcmahan said .

the company produces a diverse , award - winning line of beers ranging from their best - selling blueberry ale to their latest introduction , the highly rated wally , a new england style ipa . wbc is the second largest packaging brewer in massachusetts and was one of the top 10 fastest growing craft breweries in the us in 2016 .

lafortune is optimistic about his company ' s future . he made this clear when he opened a door at what i thought was the back wall of his 4 , 500 - square - foot facility . the door led to a cavernous 6 , 000 - square - foot room which will be used if and when the brewery expands .

mcmahan , who previously spent 2 1 / 2 years as the cmo of heineken usa ( 2008 – 2010 ) and worked for six years as the vice president of marketing for diageo ( 2002 – 2008 ) , will officially join wachusett in mid - june .

join us two weeks from tomorrow for the @ wachusett mountain food truck festival ! we will be there pouring blueberry , wally , summer , and mass soul to go along with amazing food from a host of awesome food trucks . see you at the mountain on july 14th ! urltoken

“wachusett’s new brew yard is open . featuring a 1968 airstream trailer converted into a one - of - a - kind outdoor bar , as well as a huge copper kettle fire pit and frequent live music , there’s no better place to enjoy their classic blueberry ale or one of their juicy new england ipas”

ned , kevin and quinny are now backed by some of the most passionate and capable co - workers in the industry . wachusett ales continue to be hand crafted with the finest ingredients available , bottled and kegged in our westminster facility . the three have never strayed from their plan to brew and sell the freshest , highest quality beers possible .

awesome place , fantastic beer , amazing vibe , & super friendly staff ! love coming here for a couple beers & to fill my wachusett growlers ! tons of games to play while in the brewyard , and plenty of seating if you just want to chill . . . even a super cool outside seating area with a fire that keeps you plenty warm !

if you ' re a craft beer fan , wachusett brewing is perfect for a day trip . it ' s about an hour away from boston located in central mass . the brewery is in an non - descript office building . if not for the large sign on the side of trailer truck in the parking lot , the brewery would be easy to miss . the guided tour starts off in the tasting room that feels like you ' re in a small pub . after the introduction they provide the first round of samples ! a tour highlight . the tour continues with the usual showing of the beer processing tanks , bottling machinery , etc . then near the end of the tour , the guide gets behind a beer stand and gives out more samples . it kinda of reminded me of a lemonade stand . after the tour is over , next is the gift shop stocked with their full array of beers and apparel . it ' s a fun way to spend a saturday or sunday afternoon .

“i think wachusett has done a great job of being who they are and they have understood themselves as good as anyone in craft , ” he said . “now the question is — how do we grow and develop our core market , but have the brand appeal to markets outside of new england ? we know certain brands can travel well , and certain brands can’t , and i certainty want to leverage my market knowledge and relationships to take the brand as far as it is prepared to go . ”

a great deal of support comes from the fact that all three come from " solid civic - minded families " that have contributed a great deal to the community , said james krauss when quinn , buckler and lafortune were out of earshot , " that ' s why they ' re doing so well . " krauss himself is testimony to the fact that this has been a civic - minded venture ; an out - of - work ge employee , he has volunteered numerous hours to help wachusett become a viable entity .

having had plenty of wachusett beer , what made us finally make the trek to the brewery was the strawberry white , a seasonal only available in the tap room or in the city at tavern in the square locations ( which we are not super fans of ) . at first , we were worried . the tour guide put on a hilarious dvd of on of the brewers going through and explaining the processes and history of wachusett . . the production of the dvd was painful , but the video ended up being pretty informative . to our relief , a real tour did follow and our tour guide was quick , knowledgeable and very sweet . the tasting comes in two forms , free for a tasting of a few beers or $ 2 for a tasting glass that you keep and a half sample of them all if you want . we took the $ 2 sample and tried all of the offerings , we were pleased as expected . in total , there were 9 beers available ( all ales ) . the larry ( also only available at the tap room and at publick house in brookline ) was my personal favorite , but with so many offerings everyone on our tour liked a different beer best . one star deducted because of the growler prices . being about an hour away , having to purchase a growler is a little much . wachusett does not participate in deposits , so once you pay the price ( $ 18 . 50 ) you own the growler . we still purchased one , but most breweries will only fill their own growlers so we may not be able to get much use of it .

jeezus christ could your beers get any better ? it ' s like these beers have been sucked from the teet of a goddess ( and i ' m a catholic saying that ) . i ' ve come there for a brewery tour and certainly makes me want to work there ! i love mostly the wachusett blueberry , sometime i try to throw more fruit in it but just can ' t get the perfect concoction like you guys did ! merry christmas ps please make your product more nationally spread ! i live in nebraska 6 mo out of the year and would love to have it there !

i rated this brewery a five in 2012 . i have come here at least a dozen times . this is my all time favorite brewery . . . however what they have recently done is a complete sell out . the tour was horrible and they completely limit your sampling so you can go dump your money in their new " brew yard " . it ' s not about the beer anymore . i have had amazing tours there however the lights to the brewing area were off and the guide didn ' t even know how to turn them on . she knew nothing about the history , brew process and even less about the company ' s beer . without a doubt from previous experiences i could have given the tour better . another great thing that used to exist about this tour was they would let you try samples before the tour , they ' ve even stopped at the employee taps with the brewery and given you samples of unreleased stuff and then get you excited for more samples of stuff after the tour . it was an awesome way for them to talk about the beer and get you excited about their beer . she did end the tour as they always did " now let ' s go get some more beer " . . . so we followed her to the taps just to be told you can ' t have anymore samples here you have to go to the brew yard . now they just could carless about the beer or the tour . . . they just want you to shove you into the brew yard to spend your money there . the brewery experience of this place is gone . for new comers maybe you ' ll like this place . . . they ' ve made it chic . . . and hipsters from all around will adore it , but if you ' ve loved this place from the beginning . . . they ' ve ruined what it used to be all about .

their first creation is a pale ale widely in the english style but dry - hopped with cascade hops . nuggett and tettnanger hops are also used . four different malts help give the brew medium depth and complexity . it contains 4 . 5 percent alcohol by volume and is unfiltered and unpasteurized .

" the country ale is designed to appease a wide variety of beer drinkers , " said lafortune .

contrary to the experiences of many others , lafortune said his brewery had the support of the local community since the outset . " the town has just opened their arms . the area ' s been hit hard by lay - offs and they ' re excited to see a new business and a new industry try to make a go of it , " he said .

the three principals , each of whom are putting in 100 - hour work weeks , including some 20 - hour days , built their 20 - barrel system themselves . much of the equipment came from the dairy industry and lafortune spoke proudly of his brewhouse . " we made a system that we think works better than any other out there , " he said .

the mash tun is an impressive horizontally - positioned piece in which they had to build a false bottom . also in the facility were two large 40 - year - old white tanks that once held milk but will soon be turned into conditioning tanks . " the purpose of milk and beer tanks are very similar , " said lafortune . he also pointed to a glycol system " designed by kevin in its entirety . he bought all the parts out of catalogs , including the electronics . it works like a dream . " their project has been aided greatly by the fact that both lafortune and buckler have engineering backgrounds .

our beer locator is simple to use . simply pop in your zip code and use the filter button to choose your brew . locations are marked to let you know whether you can buy it in a store , or grab a pint .

175 state rd e ( 2 , 646 . 17 mi ) westminster , massachusetts 01473

this was my second visit . the first time was with friends over the summer when the airstream first opened . we had a great time !

the bruins game and have a few beers . we loved the beer , the staff was awesome , and the fire pit was a great place to relax and meet new people . what made me uncomforta

ble was the fact that there were at least a half dozen infants along with toddlers , and other young children wandering around . they were not misbehavin

g , but seemed out of place . i don ' t think children belong at a brewery . i know there were other patrons that felt the same way . i am confused about which demographi

at all . stand in a line to get a beer at the bar and in a different line to order food . love t

i really love this place ! but the 10pm last call just sucks , i don’t think 2am is a good idea but at least 11 - 12 would be perfect , by the time finished work and change you get 2hours tops . and i love

best night i have had in a long time . he kept everyone laughing and taught the dances amazingly .

, friendly staff , plenty of beer on tap and the food truck has a good variety .

this place has such a special feel , everyone is just happy to be there .

love the place with great live music 🎶 with genre i listened . drinking and food is always great . glad they serve food .

such a fun place , great staff , great beer , great music . will definitely

i am from the area 40 yrs ago . . but when visiting awhile ago discovered

l because that was my dad ' s name . . now live in tx bu

my friends and i often come here . we love th beer and the atmosphere

had my first one at a sox game while in town . the blueberry was great . wish y ' all would ship to houston .

t and on the way out filler up with some great brew for home ! great spot to stop after a work week .

great place to go for a quick drink & app or hang out a while . always creating new brews , love it !

in english , explain why you ' re giving this rating . your review must discuss the place ' s attributes and your overall impression in order to indicate that you have legitimately visited the place . nonconstructive reviews may be removed without notice and action may be taken on your account .

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our new and improved outdoor space is open ! come check it out this weekend .

we open at noon today and we have a whole new outdoor area for you to enjoy ! see you soon .

attention @ levitate _ fest fans ! don ' t forget we will be there this year for the 1st time in their " homegrown " craft beer tent . we ' ll be pouring blueberry , summer , and wally jr . all weekend long . hope to see you there ! # levitatefest urltoken

the pups are taking a vacation day , but we are not ! the patios presented by @ berkshirebank is open and @ wachusettbrew will start pours at noon today . # wagwednesday will return next week . # bostonpatios urltoken

psyched to have nik from @ turtleswampbrew pouring the 1st beer of the night at our boston brew yard at @ chp _ boston . will be pouring their beers as part of our guest tap series all week long ! # supportlocal # boston urltoken

tap takeover time join @ wachusettbrew at the patios presented by @ berkshirebank as they host @ turtleswampbrew all week long ! pours start at 4pm . # bostonpatios urltoken

umm , well , how about i say this . it is very drinkable , light and crisp . it blew away every expectation i had about this beer . awesome - drinking a willy dilly by

hey , # boston . . . it ' s hot . cool off with a @ wachusettbrew at the patios presented @ berkshirebank ! pours start at noon . cheers ! urltoken

i , ( bride name ) take you , wally , to be my lawfully wedded beer , to have and to hold , from this day forward , for better , for worse , for richer , for poorer , in sickness and in health , until death do us part . # wallylovestory urltoken

rain , rain go away . here’s a little motivation to get you ready for a beautiful summer weekend starting tomorrow . # enjoywithfriends urltoken

run out of beer ? ! ? never ! these 4 800 bbl fermentation tanks have just arrived and are ready to be installed . we are so grateful for all the continued support through the years that makes this expansion possible . cheers ! urltoken

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this place is so fun ! ! ! ! i stopped in quickly on a saturday afternoon and had a flight but i would definitely come back with friends to play the lawn games they have out back ! the service was friendly and the bathrooms were clean . check it out !

great place . love the beer selection . blueberry ale is my favorite . did a great job with the building . plenty of parking . love the repurposed airstream campers as your bar service area . fits the new england style . fire pit was amazing . food offerings need some work . it ' s nice that they have food to offer .

went here for mother ' s day lunch . got two beer flights and went to the food truck to fill our bellies . everything about this place is awesome . live music , great beer , great food . what ' s not to like ? even though it was crowded every employee was amazing and looked like they were having fun . i would definitely recommend stopping in for a beer and a bite to eat . they have a great seating area with a fire pit that looks so inviting . we will be coming back again , that ' s for sure !

i love coming here and getting our growlers filled . while we wait , we head on over to the brew yard to sip on a flight ( maybe 2 ; - ) ) and hang out by the fire pit or play shuffleboard . the atmosphere is very comfortable and enjoyable . i ' m hoping their food game get ' s better because that was pretty sub - par and overpriced for what we got ( $ 9 for a lukewarm sausage sub on stale bread and $ 11 for what tasted like fish stick tacos on cold tortillas , with an unripened avocado ) . if you ' re going for the beer and hanging out with friends , great , you ' ll love it . . . . if you ' re going to eat . . . stick with chicken fingers ( hard to mess those up ) .

wow , this place has gotten a serious makeover . it is miles away from the place where i had my very first brewery tour ( back in 2013 i think ? ) . it is located in what looks like an office building so it could be easy to miss when you are driving down the road . what used to be a little tasting room and holding area for the brewery tours is now a big open taproom serving full pints . i believe they had something like 9 or 10 taps and had a much larger variety than they previously did . they have some snack / bar food as well as a really cool outdoor area with a fire pit . they have really stepped it up . if i didn ' t live so far away , i ' d be here all the time !

this place is just downright cool . for starters it is kind of in the middle of nowhere for the size of the place but they definitely draw a crowd . they hit most of the check off boxes . micro brew . souvenir shop . tasting room complete with 64 oz . growlers , 32oz growlers , and 32 oz . cans to take home . darts . some kind of ring swing game that is maddening . corn hole . pool . tabletop shuffleboard . converted airstream trailer that is now the bar . indoor seating . country music over the speakers . catch people dancing from time to time . outdoor seating . giant outdoor firepit . doggie friendly . a food truck , outback and under cover , to feed you . incredibly helpful staff . wow ! beer only no liquor - get over it the beer selections are incredible and there is something for everyone including custom mixing different beers . also beer flights . food truck food was very good . excellent seasoning on the fried pickles even though they need to be cooked longer . the fish tacos were great . they even had a pastrami sandwich which was very good . priced reasonably . relaxed atmosphere inside and out . just sit or sit back and enjoy . i need one of these back home and i might even move in . got to make this a regular stop when i am up north . great job people !

this is a great brew pub , love the new interior make over and exterior seating is great too . so mannny beers to choose from and good food to go with it . plenty of everything for everyone . this will be the go to spot going forward . highly recommend checking it out . staff is super friendly as well . . . .

for the brewyard , wonderful place for a beautiful day , it ' s not covered soooooo really neat old airstream and patios covered by tops of old brew kettles with a future firepit in the offing , food from the food truck was very good , beers were 5 $ . . . . great idea ! ! ! ! ! ! ! ! ! ! !

absolutely love this place . it is what our area has been missing . they always have something going on . it ' s always busy . the food is good too !

bier garden - such a great place to chill for a while . have a few beers . maybe a flight . some pub grub from the food truck . it is definitely one of our favorite chill spots . fortunately / unfortunately it doesn ' t need my review to flood this patio with patrons . so get here early for a seat ! ! cheers ! !

my fiancee and i went to the new brew yard on a saturday around noon and enjoyed some delicious craft beers before it was too busy . great place to sit and enjoy their classic blueberry beer , but i wish they offered flights so we could try more of what was on tap . the food truck was okay , a little overpriced for the options offered , but the food was good . they also have giant jenga and cornhole games available , and they yard is dog - friendly . a great place to try a few beers , relax , and enjoy a nice day !

best kept secret of westminster . awesome food , great live music and awesome beer . came for sunday funday , great mix of people from old to young and even some some awesome puppy dogs . you can play cornhole or visit the gift shop . the beer camper is awesome to look at ( made from an old airstream rv w keg bar stools .

stopped by the new brew yard - - it ' s a great space ! ! there are a few yard games , great beer and food ! i had fish tacos and my husband had chicken tacos - both were delicious ! to top it off they put fresh lemon and blueberries in our summer ale and blueberry beers . we will be back !

“we sampled the country ale , the black shack porter , the white strawberry ale , the blueberry ale - there are so many varieties , you ' re sure to find one you like . ” in 2 reviews

“when we arrived , i was worried it might not be the right place . . . it looks like an office building outside rather than what you expect a brewery to look like . ” in 4 reviews

“it is miles away from the place where i had my very first brewery tour ( back in 2013 i think ? ) . ” in 4 reviews

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ned l . says , “a cozy place to stay and dine ! easy access right off of route 2 . ”

ned l . says , “great food . great service . another awesome place to dine while visiting . ”

we calculate the overall star rating using only reviews that our automated software currently recommends .

equipped with a one of a kind airstream bar and enormous copper fire kettle , the brew yard experience will be unique in the region . the brew yard will be open every saturday from 11am to 10pm and sunday’s from 12pm to 6pm . the grand opening is this saturday , july 15th . it is currently scheduled to run through september .

the brewery will continue to remain open during its normal saturday hours as well for growler fills , gift shop , and tours .

“for me , this is no longer a case where a rising tide lifts all boats , ” he said . “the craft breweries that are going to succeed need to be well - organized and well - structured for the future . ”

for his part , lafortune believes that mcmahan’s “understanding of the beer business , proven leadership , and vision for its future will be a tremendous asset , ” he said via the release .

“we sold our annual estimated volume goal before the end of april , and six - pack cans were only introduced in late march , ” he wrote to brewbound . “we could well exceed the estimate if the trend continues through 2017 . ”

the nauti seltzer brand , meanwhile , is currently available along the east coast and as far west as wisconsin , mcmahan said .

“nauti has found a nice niche and performed well in some pockets , ” he said . “we need to stabilize that brand , find its playing field and watch where the hard seltzer category is going to head over the next year so we can position nauti for success . ”

“we’re going to be creating and pouring interesting , hard - to - find beers that make you want to go there , ” he said . “in visiting taprooms around the country , i have a vision for what it can be and ned ( lafortune ) is the guy that can make it all work . ”

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though i like some of the beer the brew yard is pretty much a disaster . the travel trailer turned . . .

this review is really about the brew yard . i stopped by with a group of friends thinking this was a . . .

we are open 7 days a week for you to come enjoy our great food , live music , and of course award - winning beer . our unique bar built in a custom airstream trailer features 24 beers on draught . we also have a retail store and brewery tours are available on fridays and saturdays .

though i like some of the beer the brew yard is pretty much a disaster . the travel trailer turned into a bar is a nice touch but the overall ambiance is bad and the food , well , its worse . if they want to improve they have . . .

this review is the subjective opinion of a tripadvisor member and not of tripadvisor llc .

this review is really about the brew yard . i stopped by with a group of friends thinking this was a more traditional brew pub . we were very disappointed . i ' m not sure what you would call the brew yard but a brew pub it ' s not . they . . .

wow what a gem of a brewery ! great beer , lots of hanging out space , awesome fire pit , friendly staff , lots of parking and good food . great way to spend a saturday afternoon , we will return !

glad you had fun ! thanks for the review . hope to see you again soon !

this response is the subjective opinion of the management representative and not of tripadvisor llc .

hi john , thanks for the review . glad to hear you enjoyed the bands and atmosphere . we are actually in the process of switching the food over to a different vendor this week . hopefully you can come back soon and check it out . cheers !

we love the new brew yard and can’t wait to see it in the summer . they have also really stepped up the beers . loving the wally , wally juice and goat . we also tried the pretzel and it’s one of the best i’ve had and supersized . . . .

thanks for the great review kendra ! we are so happy you were able to stop by . see you soon . . .

fun atmosphere and great beer . the food is ok . had an outdoor fire pit . gets crowded due to its popularity . old airstream camper is the bar .

if your are going to offer good bar food , which it looks like they have , ( wouldn ' t know because it never made it to us ) , you should be able to take orders and serve it properly . i know it was a busy pre super bowl saturday , . . .

hi paul , i am happy to let you know that we have adjusted the food ordering system , along with a new chef and menu ! we hope you will stop by again .

they recently renovated and it is fantastic ! ! ! great atmosphere and service . definitely will be coming here more .

great new addition to this classic local brewery . outside ( summer ) beer garden is super . fire pit , corn hole , food trucks and a custom silver stream pouring bar . great place to sit and enjoy best beer around .

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all of the replies above are correct . we do not have a restaurant here , but there are some fantastic places to grab a bite around us . all were mentioned above . cheers ! hope to see you soon .

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