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Pioneer Investment Management closes Omaha office; 38 jobs cut

Pioneer Investment Management closes Omaha office; 38 jobs cut

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Pioneer Investment Management USA has closed its west Omaha office, eliminating 38 jobs in the process.

Company spokesman Geoff Smith said the Boston-based money manager’s local employees provided Pioneer clients with services that included shareholder communications and support.

Those services are now being handled by an existing business partner, Smith said. Other offices in Boston, Miami and Chicago are not affected by the closure.

The company in the early 2000s had more than 100 employees in its office at 10235 Regency Circle in Omaha, where it had been since it acquired Mutual of Omaha Fund Management in 1993.

Pioneer Investment Management is the U.S. subsidiary of Pioneer Global Asset Management, which had more than $244 billion in assets under management as of Dec. 31, 2014.

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