The Fund was set up in April 2010 is managed by DoubleLine CEO Jeffrey Gundlach and company President Philip Barach, the company said in a statement last week.
Los Angeles-based Doubleline have 15 billion dollars AuM overall, and manages hedge funds and mutual funds, separately managed accounts.
Bond with the Fund's success comes at a time when Doubleline is in the middle of a current case in Los Angeles court where Gundlachs former employer TCW sue him for Doubleline right after his firing in December 2009 with staff it from TCW.
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