Gundlach To Hold Press Conference On $10 Million Robbery

Sep 24 2012 | 1:06pm ET

The victim of a robbery last week, hedge fund manager Jeffrey Gundlach is taking his story to the press.

The DoubleLine Capital founder will hold a press conference this afternoon in downtown Los Angeles to discuss the theft of $10 million in cash and goods, and the rewards he's offering. Gundlach is offering $200,000 for information leading the return of the stolen items, a call to a hotline he set up, (855) 692-4997, shows. A tipster can earn $1,000 for information that leads to the arrest and conviction of the burglars.

Gundlach's Santa Monica, Calif., home was hit between Sept. 12 and Sept. 14, while Gundlach was away. The thieves made off with a chunk of Gundlach's impressive art collection, five luxury watches, wine, cash and his 2010 red Porsche Carrera 4S.

The stolen paintings include works by Joseph Cornell, Philip Guston, Jasper Johns, Franz Kline and Piet Mondrian.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of