Pursuits
Pimco’s Banet to Quit For Food Truck Selling Sandwiches
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Jeremie Banet, a fund manager at Pacific Investment Management Co. specializing in inflation-protected bonds, plans to leave the firm to start a food truck business in Los Angeles and Orange County.
Banet, 36, is leaving the Newport Beach, California-based company June 10 on good terms after a “change of heart,” he said today in a telephone interview. Banet, who joined Pimco in 2011, said he will sell croque monsieurs, grilled ham-and-cheese sandwiches that originated in French cafes.