Jeffrey Gundlach

  • 15 Nov 2014 at 12:50 PM

Bill Gross: The Triple Crown of Newport Beach

bill-gross-triple-crown
Bill Gross is a legendary bond investor who co-founded Pacific Investment Management in 1971. He once referred to himself as the Secretariat (as in, the thoroughbred horse) of investing and, at PIMCO, was known for discouraging employees from speaking to him or looking him in the eye. In 2014, he joined Janus Capital Management after a series of, let’s just call them “incidents” led senior employees to tell management is us or this guy.

Continue through the pages below to read the saga of legendary American financier, Bill Gross.

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jeffrey gundlachSince having his multi-million dollar art collection stolen last year (and putting out an AMBER alert re: their disappearance before doing the cops’ job for them), bond guru Jeffrey Gundlach has put many a protective measure in place. Read more »

"Strike one"Just about a month earlier Bill Gross of Pacific Investment Management Co., the reigning master of the bond universe for two decades, requested an audience with Gundlach…“Bill was in his own world,” says a house-proud Gundlach, with a tone of disdain. “He doesn’t say anything [about my place]. Nothing. Doesn’t eat anything or even take a sip of water in three hours.” [Forbes]


[via @jennablan, earlier re: horses]

In a move that stunned Wall Street, bond guru Bill Gross is joining Janus Capital Group, effective Sept. 29, the company announced Friday. Gross is leaving as chief investment officer of Pimco, the company he founded, after a remarkable 43-year tenure. Bond guru Bill Gross had met with Jeffrey Gundlach to discuss joining fixed income investment management firm Doubleline.1 Five Pimco executives told parent company Allianz they would leave Pimco if Gross did not. [CNBC, earlier] Read more »

Back in August, we learned that bond guru Jeffery Gundlach was “preparing a possible bid” for the Buffalo Bills, his hometown team. When yesterday it was reported that the organization had reached an agreement with Sabres owners Terry and Kim Pegula who offered $1.4 billion to become the new owners, we wondered how Gundlach would take the news. After all, this is a man known for getting what he wants, be it his art back from the crooks who stole it, for people to address him as the Pope, the satisfaction of throwing a party specifically designed to tell his former employer to suck it, or a vintage edition copy of Ass Traffic Vol. 49. To that end, he has never bit his tongue when commenting on a situation in which he felt he was done dirty or that others were in the wrong. So it was surprising to read the statement he released today, in which he sounded curiously upbeat about losing out on the team. Read more »

  • 13 Aug 2014 at 1:37 PM

Jeff Gundlach May Add New Title To His Résumé

Bond trader. Criminal investigator. Party planner. Art lover. Porn aficionado. NFL owner? Read more »

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]