Welcome!

News Feed Item

Equity Portfolio Managers Husam Nazer and Brendt Stallings Join DoubleLine

DoubleLine Capital LP launches DoubleLine Equity LP

LOS ANGELES, Jan. 2, 2013 /PRNewswire/ -- DoubleLine Capital LP is pleased to welcome Brendt Stallings and Husam Nazer as the firm expands its product line-up into equity investment strategies. Stallings and Nazer join as portfolio managers and partners in DoubleLine Equity LP, a newly created affiliate of DoubleLine.

Stallings and Nazer were previously Group Managing Directors at TCW, the highest title for investment managers at the firm. There they managed $5 billion invested in common stocks in several successful strategies, which were both broadly invested and sector-focused.

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 former colleagues. Today DoubleLine employs more than 80 people, is majority-owned by its employees and manages more than $53 billion in asset allocation, bond and now stock strategies.

"In my 24 years at TCW," Gundlach said, "I knew well the firm's many equity groups and styles; Brendt and Husam stood out as the most talented and versatile of those investment teams. During several years of the most treacherous markets in generations, working with me as Chief Investment Officer, they delivered returns of over 40% against a flat result for the S&P 500. Importantly, their investment philosophy and process are consistent with and complement those already in place at DoubleLine. I will continue to explore other complementary partnerships and acquisitions to diversify our business and serve our clients."

DoubleLine Equity is managing portfolios seeded by a DoubleLine affiliate as well as by Stallings and Nazer. The two portfolio managers expect to hire at least five investment professionals this year.

"Husam and I are enthusiastic about teaming up with DoubleLine to launch DoubleLine Equity," Stallings said. "We know the DoubleLine team well, having worked with Jeffrey and many of his team for 13 years. With its entrepreneurial culture, employee ownership and investment acumen, we can think of no better partner than DoubleLine."

Nazer said he and Stallings "will immediately begin building out the dedicated research team that our strategies demand."

"The timing could not be better to launch a new equity investment platform," Nazer continued. "Equities have been disfavored relative to other asset classes for many years. It is for exactly this reason we and DoubleLine believe this is an opportune moment to launch DoubleLine Equity."

Brendt Stallings, 44, is an equities portfolio manager and partner in DoubleLine Equity LP. Previously at TCW, Stallings was a Group Managing Director, Senior Portfolio Manager of the TCW Growth Equities Strategy, co-portfolio manager of the TCW Global Technology Strategy and co-head of the TCW Small- and Mid-Cap Growth Equities team. He received a BA in Decision Analysis and Political Science from Stanford University and an MBA from the Amos Tuck School at Dartmouth College. He is a CFA charter holder.

Husam Nazer, 41, is an equities portfolio manager and partner in DoubleLine Equity LP. Previously at TCW, Nazer was a Group Managing Director, Senior Portfolio Manager of the Small-Cap Growth and SMID-Cap Growth strategies, co-portfolio manager of the TCW Global Technology Strategy and co-head of the TCW Small- and Mid-Cap Growth Equities team. Nazer received a BS in Biomedical Engineering from Boston University and an MBA at the University of Southern California.

About DoubleLine Capital LP

DoubleLine Capital LP is a registered investment adviser under the Investment Advisers Act of 1940. DoubleLine manages more than $53 billion in assets held in closed- and open-end 1940 Act funds, separate accounts and hedge funds in the United States and UCITS in Europe. 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

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
Sanjeev Sharma Joins June 5-7, 2018 @DevOpsSummit at @Cloud Expo New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
"WineSOFT is a software company making proxy server software, which is widely used in the telecommunication industry or the content delivery networks or e-commerce," explained Jonathan Ahn, COO of WineSOFT, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
"Digital transformation - what we knew about it in the past has been redefined. Automation is going to play such a huge role in that because the culture, the technology, and the business operations are being shifted now," stated Brian Boeggeman, VP of Alliances & Partnerships at Ayehu, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.