Saturday, 18 April 2015
Last updated 11 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…