DoubleLine Capital, the bond management firm run by Jeffrey Gundlach, said on Monday it had hired an executive from rival Pimco to run a new unit focused on developing new investment products and lines of business, particularly outside the United States. DoubleLine named Ignacio Sosa, previously Pimco’s executive vice president for global bond product management, director of its newly formed Product Solutions Group. He starts on May 12 and will report to Gundlach. Sosa’s departure comes after a management shakeup and months of investor outflows at Newport Beach, California-based Pimco. [Reuters, related]

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Comments (13)

  1. Posted by guest | April 21, 2014 at 2:44 PM

    creepiest picture of all time? yes.

  2. Posted by Captain Oblivious | April 21, 2014 at 2:49 PM

    Staring contest between he and buffalo bill?? Both come out losers, 2 ugliest peple of all time.

  3. Posted by Guest | April 21, 2014 at 2:59 PM

    He looks so beagle in that picture.

    Kneale before Zod

  4. Posted by Guest | April 21, 2014 at 3:13 PM

    Man with hands in pockets feel foolish, man with hole in pocket feel nuts

  5. Posted by Chief Keef | April 21, 2014 at 3:29 PM

    These bitches love Sosa. Ferraris and Rovers.

  6. Posted by Guestlach | April 21, 2014 at 3:34 PM

    I am the marsupial king!

  7. Posted by Jeff Gum | April 21, 2014 at 3:40 PM

    "mmmm wait, was she a great big fat person?"

  8. Posted by Meatstick | April 21, 2014 at 3:41 PM

    Man with hole in pocket feel cocky all day.

  9. Posted by Shaz's beard | April 21, 2014 at 3:56 PM

    PIMCO couldnt compete with DoubleLine's medical benefits, 401K match and generous "erotic vacation" paid time off

  10. Posted by Guest | April 21, 2014 at 4:36 PM

    Woman with no cock feel empty.

  11. Posted by TheodoreBallgamePhD | April 22, 2014 at 10:03 AM

    By "horses" and "stables" you obviously mean "dicks" and "sluts' assholes."

  12. Posted by Lord Humongous | April 22, 2014 at 10:25 AM

    Mr. Hands survived and now runs bonds under the nom de guerre Gundlach?

  13. Posted by Guest | April 22, 2014 at 11:35 AM

    Women with no cock feel empty inside.