DoubleLine Capital LP Appoints Deputy CIO, Establishes Branch Office in Japan

LOS ANGELES, June 1, 2016 /PRNewswire/ -- DoubleLine Capital LP (including affiliates, "DoubleLine") has appointed Jeffrey Sherman as deputy chief investment officer. Separately, the firm today announces the opening of DoubleLine Investment Management North Asia Ltd.

Founded December 14, 2009, DoubleLine also notes the firm on Tuesday May 31 reached $100 billion in assets under management.

As deputy chief investment officer, Mr. Sherman reports to Jeffrey Gundlach, founder, chief executive officer and chief investment officer of DoubleLine. Mr. Sherman and his Macro Asset Allocation team vet and design quantitative investment strategies. He serves as co-portfolio manager with Mr. Gundlach of the DoubleLine Shiller Enhanced CAPE strategy and as portfolio manager of the DoubleLine Strategic Commodity strategy. Mr. Sherman advises the firm's Fixed Income Allocation Committee.

DoubleLine also announces the opening of DoubleLine Investment Management North Asia Ltd. ("DIMNA") with a branch office in Tokyo, Japan. DIMNA provides consultation and support services to existing clients in Japan.

Kazuhiro Okamura serves as head of business relations at DIMNA. He reports to Ron Redell in Mr. Redell's capacity as a director of DIMNA. Previously, Mr. Okamura served as director and general manager of business development at Baring Asset Management (Japan) Ltd.

About DoubleLine Capital LP

DoubleLine Capital LP, registered investment adviser under the Investment Advisers Act of 1940, manages $100 billion in closed- and open-ended 1940 Act funds, exchange-traded funds, separate accounts, hedge funds, variable annuities, UCITS and other vehicles.  DoubleLine's Los Angeles 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]. DoubleLine® is a registered trademark of DoubleLine Capital LP.

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SOURCE DoubleLine