Mr. Mierau is a senior vice president and portfolio manager in the Munich office. He oversees covered bond investment portfolios and is head of the European covered bond desk. He joined PIMCO in 1998 at the Newport Beach headquarters and relocated to the Munich office in 2001. During his tenure, he has held various portfolio management positions, specializing in fixed income derivatives, mortgage-backed securities and covered bonds. He has 23 years of investment experience and holds an executive MBA from the European School of Management and Technology (ESMT) and an undergraduate degree in finance from California State University, Fullerton.