DoubleLine Equity, the fixed-income investment firm started by former TCW star Jeffrey Gundlach (left), said Friday that it has nabbed three equities analysts and an equities trader from its rival investment firm as part of a broader effort to boost its capabilities.
The equity analysts, Jonathan Ainley, Brian Shim and Kristine Smith, and the equities trader, Rodney Boone—all of whom worked previously at TCW—joined DoubleLine, along with Sunny Ommanney, an analyst who served recently as CEO of the Nyima Foundation after working for Lazard Freres and Provident Investment Counsel.
The new team will focus on investment strategies under the leadership of portfolio managers Husam Nazer and Brendt Stallings.
“A deep, dedicated research team is crucial to uncover the opportunities of our asset class,” Stallings said in a statement. “We have that team in place today, supported by the infrastructure of DoubleLine.”
During their time at TCW Group, Stallings and Nazer previously headed the Small and Mid-Cap Growth Equities Group, which had $5 billion under management at one point.
In February, TCW and global alternative asset manager The Carlyle Group announced the completion of Carlyle’s acquisition of TCW from Société Générale, creating an independent firm. Equity for the investment came from two Carlyle investment funds and from TCW management. The funds are Carlyle Global Financial Services Partners, a $1.1 billion financial services fund, and Carlyle Partners V, a $13.7 billion U.S. buyout fund.
TCW officials declined to comment on DoubleLine’s new hires.