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

Before joining DoubleLine, Mr. Redell served as President and Chief Executive Officer of the TCW Funds, Inc., which is the mutual fund platform of The TCW Group, and of TCW Strategic Income Fund, Inc. (NYSE: TSI), a closed-end fund listed on the New York Stock Exchange. He previously was Managing Director and head of the TCW Funds Group, positions in which he directed marketing and strategy of the TCW Funds. During Mr. Redell's tenure in these positions, managed assets of the TCW mutual funds grew from $1 to nearly $16 billion. Mr. Redell joined TCW in 2000. Previously, Mr. Redell was Vice President of Marketing for RS Investment Management, formerly Robertson Stephens, in charge of retail Mutual Fund sales and marketing through intermediary channels. In prior employment, he worked as a Financial Consultant with Wells Fargo Securities. Mr. Redell holds a Bachelor of Arts in Political Science from Stanford University and holds a CFA charter.

About DoubleLine LLC

DoubleLine LLC is an Investment Advisory Company formed recently by CEO Jeffrey Gundlach and President Philip Barach. The company is privately held, with Mr. Gundlach its largest shareholder, and Mssrs. Gundlach and Barach holding a combined controlling interest. DoubleLine's headquarters is in Los Angeles, CA.  Its offices can be reached at (213) 223-2346.

This press release is intended solely to provide information about the corporate activities of DoubleLine.

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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