Jeffrey Gundlach: The Bond King
Overview
Jeffrey Gundlach is an American billionaire and investment manager who founded DoubleLine Capital, a mutual fund and hedge fund firm. He is widely considered to be a bond guru and is known for his contrarian investment strategies. Gundlach has been featured in numerous publications and has spoken at various conferences and events.
Early Life and Education
Jeffrey Gundlach was born on October 30, 1959 in Amherst, New York. He grew up in a middle-class family and attended Dartmouth College, where he earned a BA in mathematics in 1981. Gundlach then went on to earn an MBA from Yale University in 1983.
Career and Achievements
After completing his education, Gundlach began his career at TCW Group, where he worked for over two decades. During his time at TCW, he became a renowned bond investor and helped to grow the firm’s assets under management from $4 billion to $200 billion. In December 2009, Gundlach was fired from TCW, which led him to start his own firm, DoubleLine Capital, in early 2010.
Under Gundlach’s leadership, DoubleLine has become one of the fastest-growing investment firms in the world. As of 2021, the firm has over $150 billion in assets under management and offers a range of mutual funds and hedge funds. In addition to managing the firm, Gundlach is also a frequent commentator on the financial markets and has been featured in publications such as The New York Times and Forbes.
Personal Life
Gundlach is known for being private about his personal life. However, he has been involved in a number of philanthropic causes over the years. In 2016, he pledged $42.5 million to the Albright-Knox Art Gallery in Buffalo, New York. Gundlach is also a collector of contemporary art and has an extensive collection that includes works by artists such as Richard Prince and Jeff Koons.
Profile
Name: | Jeffrey Gundlach |
Born: | October 30, 1959 |
Country: | United States |
Sector: | Finance and Investment Management |
Companies: | DoubleLine Capital |
Net Worth: | $2.8 billion (2021) |
Forbes URL: | https://www.forbes.com/profile/jeffrey-gundlach/?sh=290df3481e06 |