Akinori Matsui, Mark Porterfield, Richard E. Tyson Jr. and David Young were promoted to executive vice presidents at PIMCO, according to a news release. Mr. Matsui remains account manager for PIMCO Japan in Tokyo; Mr. Porterfield remains head of media and public affairs for PIMCO in Newport Beach, Calif.; Mr. Tyson remains senior global operations manger in Newport Beach; and Mr. Young remains head of the firm's London-based account management group. Mr. Porterfield confirmed the promotions. PIMCO has $445 billion in assets under management.
Jack McAllister joined American Realty Advisors as portfolio manager for several large separate account clients using both core and enhanced core investment strategies, said David Schrock, manager of marketing and client service. It's a new position. Mr. McAllister was vice president, institutional investment affairs for the National Association of Real Estate Investment Trusts. NAREIT has not yet replaced him, said Rob Valero, vice president, investor relations.