DoubleLine Adds Pimco Exec.

Apr 22 2014 | 11:53am ET

DoubleLine Capital has snared a Pacific Investment Management Co. executive to lead its push into new lines of business abroad.

Ignacio Sosa was named head of DoubleLine’s new product solutions group. He’ll report directly to DoubleLine founder Jeffrey Gundlach when he starts on May 12.

“Jeffrey and his team have built a growing, nimble, client-focused company, with diversified strategies in fixed income and equities,” Sosa said. “Their track record of risk-adjusted returns speaks for itself. So joining DoubleLine at this early stage in its development is especially compelling.”

Sosa was vice president for global bond product management at Pimco, which was shook earlier this year by the departure of top executive Mohamed El-Erian.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...