A team of former TCW Group equities analysts have joined DoubleLine Capital portfolio managers Husam Nazer and Brendt Stallings managing the DoubleLine Equity LP investment strategies.
Stallings and Nazer previously headed the Small and Mid-Cap Growth Equities Group with $5 billion at its peak in assets under management at TCW. The new hires bring the DoubleLine Equity team, including the two portfolio managers, to seven investment professionals.
Four of the five new personnel previously worked for Stallings' and Nazer's group at TCW. The analysts are Jonathan Ainley, Sunny Ommanney, Brian Shim and Kristine Smith. Ainley, Shim and Smith previously worked as research analysts at TCW. Before DoubleLine, Ommanney served as chief executive officer of Nyima Foundation and, before that, as an equity research associate at Lazard Freres and Provident Investment Counsel.
Rodney Boone, hired as an equities trader, previously worked as an equities trader at TCW and at Bank of America Securities.
"We have reconstituted the core of our original research and trading team," stated Nazer. "In addition, we are carefully recruiting talent from other firms. I expect DoubleLine will bring aboard one or two more equity analysts in the months ahead."