Mr. Clause is an executive vice president in the London office and a portfolio manager focusing on opportunistic residential real estate debt and equity products as well as distressed mortgage opportunities. Prior to joining PIMCO in 2015, he was with Marathon Asset Management in London, responsible for non-performing and sub-performing loan portfolio acquisitions in Europe. Previously, Mr. Clause was a managing director and head of non-performing loan portfolio investments at Bank of America in London, focusing on portfolio acquisitions in Europe and Asia. He has 28 years of investment and financial services experience and holds an MBA from Institute Superieur des Affaires in France and a bachelor's degree from the University of California, Santa Barbara.