Marcus Sheridan has joined investment manager Payden & Rygel as a fixed income trader.
The move sees Sheridan leaving Pimco where he has served for the last five years, most recently as vice president from January 2024 to June 2025.
Sheridan will be based out of Los Angeles in his new role.
He has also previously held senior associate and associate positions covering portfolio management at Pimco.
Prior to this, Sheridan spent more than five years at State Street in Massachusetts, where he worked as a FX middle office specialist, as well as an operations specialist.
Sheridan confirmed his new appointment in a social media announcement.
Payden & Rygel had not responded to a request for comment at the time of publication.