333 South Grand Avenue
Suite 1800
Los Angeles, CA 90071
Google Maps
Contact
Main Phone: 213-633-8200
Web Site:
http://www.doublelinefunds.com/
Mutual Fund Brand(s)
DoubleLine Funds
Research Links
SEC Fund Filings by CIK
|
|
Background:
|
OriginsFormer TCW Investments employees led by ex-TCW CIO and star bond fund PM Jeffrey Gundlach founded DoubleLine in December 2009. Since then, DoubleLine has become the hottest-selling and fastest-growing mutual fund shop in the business.
Gundlach and Philip A. Barach hold a majority interest in the employee-owned firm. Private equity specialist Oaktree Capital Management, L.P., assisted DoubleLine in its startup and holds a minority ownership stake.
DoubleLine registered the DoubleLine Funds Trust with the SEC as a vehicle for its first mutual funds on January 12, 2010.
In 2010, the firm launched the Total Return Bond [DLTNX] and Emerging Markets Fixed Income [DLENX] funds on April 6, and rolled out the Core Fixed Income [DLFNX] fund on June 1.
In 2011, DoubleLine debuted its Multi-Asset Growth Fund, its first fund investing in equities and bonds, on February 16. And on September 30 of the same year DoubleLine released its Low Duration Bond Fund.
TCW and DoubleLine Fight in CourtA month after DoubleLine launched, Trust Company of the West sued DoubleLine and four employees (including Gundlach himself), alleging unfair competition and misappropriation of confidential and proprietary information. Gundlach countersued TCW over unpaid compensation and called TCW's suit a smokescreen.
In Septeber 2011 a jury awarded $66.7 million to the DoubleLine team for the backpay claims. Before the judge could step in and resolve the rest of both side's claims, TCW, DoubleLine, and Gundlach and his colleagues settled all their claims against each other in December 2011. The terms of that settlement were not disclosed.
Its total AUM as of March 31, 2017 is a little bit over $100 billion.
|
|
Sponsored Opportunities
|
|
Key People:
|
Jeffrey Gundlach
CEO, CIO and Co-Founder, DoubleLine Group | Ron Redell
President, DoubleLine Funds Trust | Philip Barach
President, Co-Founder, Doubleline Capital | Jeffrey Sherman
Deputy Chief Investment Officer, PM, DoubleLine Capital | Joe Galligan
Executive Vice President, DoubleLine Capital | Lou Lucido
Chief Operating Officer, DoubleLine Group | Earl Lariscy
General Counsel, DoubleLine Group | Cris Santa Ana
Chief Risk Officer, DoubleLine Group | Barbara VanEvery
Director, Investor Relations, Doubleline Group | Henry Chase
Chief Financial Officer, DoubleLine Group |
|
|
Get MFWire Alerts
Raw XML
