DoubleLine Announces the Hiring of Five Equities Research and Trading Professionals

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Mar 22, 2013, 10:34 ET

LOS ANGELES, March 22, 2013 /PRNewswire/ -- Four equities analysts and an equities trader have joined the team managing the DoubleLine Equity LP investment strategies under portfolio managers Husam Nazer and Brendt Stallings.

"A deep, dedicated research team is crucial to uncover the opportunities of our asset class," Stallings said. "We have that team in place today, supported by the infrastructure of DoubleLine."

Stallings and Nazer previously headed the Small and Mid-Cap Growth Equities Group with $5 billion at its peak in assets under management at TCW. The new hires bring the DoubleLine Equity team, including the two portfolio managers, to seven investment professionals.

Four of the five new personnel previously worked for Stallings' and Nazer's group at TCW. "We have reconstituted the core of our original research and trading team," Nazer said. "In addition, we are carefully recruiting talent from other firms. I expect DoubleLine will bring aboard one or two more equity analysts in the months ahead."

The analysts are Jonathan Ainley, Sunny Ommanney, Brian Shim and Kristine Smith. Ainley, Shim and Smith previously worked as research analysts at TCW. Before DoubleLine, Ommanney served as CEO of Nyima Foundation and, before that, as an equity research associate at Lazard Freres and Provident Investment Counsel.

Rodney Boone, hired as an equities trader, previously worked as an equities trader at TCW and at Bank of America Securities.

About DoubleLine Capital LP and DoubleLine Equity LP

DoubleLine Capital LP and DoubleLine Equity LP (together with affiliates, "DoubleLine") are registered investment advisers under the Investment Advisers Act of 1940. DoubleLine CEO Jeffrey Gundlach, who previously served as Chief Investment Officer of TCW and headed that firm's largest investment group, launched DoubleLine in December 2009 with more than 40 of his colleagues. DoubleLine Equity launched in January 2013. Today DoubleLine employs more than 90 people, is majority-owned by its employees and manages more than $53 billion in asset allocation, bond and stock strategies. DoubleLine's headquarters is in Los Angeles, CA. Its offices can be reached by telephone at (213) 633-8200 or by e-mail at [email protected]. Media can reach DoubleLine by e-mail at [email protected].

SOURCE DoubleLine