LBO companies face debt restructuring risk – Pimco's Jessop

Andrew Jessop joined Pimco last November after 12 years at Goldman Sachs Asset Management, where he helped build its high yield business from scratch.

On top of his day-to-day responsibilities managing $23.6 billion in dedicated high yield portfolios (including three mutual funds and bespoke portfolios for institutional clients), Jessop was hired to help Pimco become, in his words, “a more representative player in the part of the market where we have relatively small market share”.

Achieving