PIMCO has raised $934.4 million for its second open-ended distressed debt fund, according to a US Securities and Exchange Commission filing on Friday.
Launched in October 2011, the PIMCO Distressed Senior Credit Opportunities Fund II (DiSCO II) focuses on senior and super senior structured securities, including commercial mortgage backed securities, Â residential mortgage-backed securities, credit default swaps and collateralised debt obligations, according to an August 2011 City of San Jose Police & Fire Department Retirement Plan investment document.
