This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Ronald Redell, Former President And CEO Of TCW Funds, To Join DoubleLine LLC

LOS ANGELES, Dec. 18 /PRNewswire/ -- Ronald R. Redell, former President and Chief Executive Officer of the TCW Funds, Inc. and the TCW Strategic Income Fund, Inc., has joined DoubleLine LLC, a Los Angeles-based investment manager of fixed income portfolios, DoubleLine announced today. Mr. Redell will establish the firm's planned suite of mutual funds.

Mr. Redell, 39, joins more than 40 former portfolio managers, analysts, traders and trading assistants of The TCW Group, Inc. to join DoubleLine, a newly formed Investment Advisory Company under the leadership of its controlling shareholders, Jeffrey Gundlach, Chief Executive Officer, and Philip Barach, President. Mr. Redell will serve as President of DoubleLine's mutual fund business.

" Ron Redell was instrumental in growing the brand of TCW mutual funds, which became dominated by fixed income funds," Mr. Gundlach said. "I've known Ron for many years and tremendously appreciate the support he gave to what is now the DoubleLine team in making the TCW Total Return Bond Fund one of the fastest growers in assets under management in the industry. I know that Ron's experience and professionalism will ensure that DoubleLine's future suite of products is successfully launched, distributed and administered in the years ahead."

DoubleLine has started the process of registering with the Securities and Exchange Commission as an investment adviser. Pending application approval, DoubleLine will conduct its business within the limits established by the Investment Advisers Act of 1940.

Mr. Redell will work closely with Louis Lucido, a Principal of DoubleLine, in establishing the company's complex of mutual funds across an array of fixed-income sectors and strategies.

"Having worked with Jeffrey and Phil for close to a decade, I have immense respect for their excellence in investment management, their integrity and above all their commitment to the client," Mr. Redell said. "I could not be more excited about the opportunity to help build DoubleLine into a premier provider of risk management and investment services to our clients."

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs