Friday, 19 December 2014
Last updated 5 hours ago
Nov 8 2011 | 9:24am ET
The litigation and mudslinging surrounding asset manager DoubleLine Capital hasn’t kept investors away.
The firm, whose first fund raised $1 billion within three months of its launch last year, now boasts another $1 billion vehicle. A mutual fund launched by the Los Angeles-based firm last June now manages $1 billion, DoubleLine said.
All told, the firm now has some $19 billion in assets under management.
DoubleLine was set up by former TCW Group chief investment officer Jeffrey Gundlach after he was fired by that firm. The two sides have since squared off in court, with Gundlach winning $66.7 million in unpaid wages and TCW winning a ruling that Gundlach had stolen its proprietary information.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.