DoubleLine Capital is launching three fixed-income mutual funds, according to the company's filing with the SEC.
The three funds are the DoubleLine Total Return Bond, DoubleLine Core Fixed Income and DoubleLine Emerging Markets Income funds, according to the SEC filing.
DoubleLine CEO Jeffrey Gundlach and President Philip A. Barach will oversee the Total Return Bond fund. Both were portfolio managers at TCW Group and oversaw a similar-style fund, prior to leaving the company in December.
Separately, Bonnie Baha, former head of corporate credit research and the corporate bond group at TCW, was named a portfolio manager and head of global developed credit at DoubleLine. She will be joined by five members of her corporate investment-grade team at TCW: traders Ken Austin and Paul Kirste; analysts Anil Lalchand and Monica Erickson; and portfolio manager Gregory Whitley.
TCW spokeswoman Erin Freeman could not be reached for comment.
Also, Joseph W. Sullivan III was named treasurer of DoubleLine Funds Trust. DoubleLine Capital will be the adviser to DoubleLine Funds, a mutual fund complex that registered today with the SEC.
Mr. Sullivan was chief operating officer and chief compliance officer of hedge fund manager Peconic Partners.
A Peconic spokesman could not be reached for comment.
