DoubleLine Capital is an employee-owned, independent money management firm that offers many investment strategies from experienced portfolio managers by employing in-depth research, active risk management, and innovative product solutions.
The firm prioritizes providing services to corporations and other businesses, and also focuses on catering investment companies, limited liability companies, profit-sharing plans, pension-sharing plans, affluent individuals, municipal or state government entities, endowments, foundations, private investment partnerships, and other pooled investment vehicles.
Most importantly, the firm keeps separate balanced portfolios and client-focused fixed income, essential for its smooth running.
Who Owns DoubleLine Capital?
DoubleLine Capital LP is an employee-owned investment management company founded by Jeffrey Guldach along with 45 employees in 2009 and is based in Los Angeles, California.
Approximately, the investment advisory company is 79% company owned, 20% owned by multiple affiliates of Oaktree Capital Management Inc. the remaining 1% is possessed by its General Partner, Doubleline Capital GP LLC.
Company History
DoubleLine Capital was founded in 2009, by Jeffrey Guldach and 45 employees with zero money. Amassing billions of assets under management, the company is today considered one of the fastest-growing money management firms in history.
Yet, more than its success, the company has a lot more stories to share regarding its people. The take is undeniably about the 45 employees, who quit their steady salaries in a split second to support building an empire under their former leader, who had to consider a sudden exit from their old firm.
It was a risky move for the employees with a contentious lawsuit running in the background connected with the existence of the new venture, which had made no promises about their first payout.
However, according to Sherman, Doubleline was made up of ‘trust, fidelity, and fiduciary.’
Is DoubleLine Capital A Hedge Fund?
DoubleLine Capital is an independent hedge fund manager rather than a bank. It offers various strategies to ensure distinctive equity, fixed income, and alternative businesses.
According to HFR, hedge funds are categorized into seven strategy types: fund of funds, blockchain, macro, event-driven, relative value, equity hedge, and risk parity. And, like JP Morgan Hedge Fund, DoubleLine Capital is also a hedge fund.
What Does DoubleLine Do?
DoubleLine Capital provides an array of risk-adjusted investment strategies through a portfolio management team. It manages several types of investment vehicles as mutual funds, UCITS, active EFTs, collateral loan obligations, sub-advisory relationships, closed-end funds, private funds, non-US-vehicles, and separate accounts.
It is aimed to deliver better returns to the clients. The firm further engages in portfolio construction, risk analysis, trade execution, security selection, asset management, risk management, and investment services, thereby offering in-depth product solutions.
Does DoubleLine Have ETFS?
DoubleLine Capital deals with EFT business, which is an extension of their original business lines that gives their clients a vehicle to access their investment strategies. Therefore, DoubleLine does offer investment services to fit the specific needs of investors.
Types Of ETFs Provided By DoubleLine
- Opportunity Bond ETF
This invests in an array of fixed-income instruments like US government securities, commercial mortgage-backed securities, agency mortgage-backed securities, non-agency mortgage-backed securities, international fixed-income instruments, and global development credit, with a major objective to maximize total return and current income.
- Shiller Cape US Equities ETF
The index intends to recognize undervalued sectors in the US with an objective to exceed the total return of the S&P 500 Index.
DoubleLine Capital Headquarters
DoubleLine is headquartered in Tampa, Florida, with multiple offices in Tokyo, Los Angeles, and Dubai. Although launched in 2009, the firm has managed to establish itself in different cities over the last few years.
They have also navigated several credit cycles and markets. It is their consistency and the active participation of the members that have led to the ultimate success of the investment-management firm.
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DoubleLine Mutual Fund & Performance
DoubleLine mutual funds help investors fulfill their objectives with the help of asset types and products with varying levels of volatility. With a wide range of expertise management teams, it is way easier for investors to pursue their investment choices.
With a common objective of generating current income, DoubleLine has a string of mutual funds including fixed income, international fixed income, equities + multi-assets, and commodities.
However, performance can fluctuate as the entire process is dependent on variable factors. The principal value and the principal value might vary, indicating that the investor’s share might either get reduced or increased when it is redeemed.
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