Updated:
DoubleLine Alternatives LP
DoubleLine Alternatives LP is the private-markets affiliate of DoubleLine Capital, the Los Angeles-based fixed-income manager founded by Jeffrey Gundlach...
DoubleLine Alternatives LP
DoubleLine Alternatives LP is the private-markets affiliate of DoubleLine Capital, the Los Angeles-based fixed-income manager founded by Jeffrey Gundlach in 2009. The firm emerged to underwrite and deploy capital into illiquid strategies that complement DoubleLine's publicly traded bond portfolios. Wealth origin traces to DoubleLine's success as an asset manager, not to an operating fortune. The strategy targets private credit, real estate, and infrastructure investments—three asset classes that sit outside DoubleLine's core public-bond expertise. The firm structures capital through fund vehicles and separate accounts with long-dated horizons. Confirmed portfolio positions include private credit tranches in middle-market loans and real estate debt, though public deal-level disclosure is limited (per public record). Geographic focus is primarily North America, with selective exposure to European markets. The firm's deployment scale is not publicly disclosed. Headcount and additional offices remain unannounced. Unlike some asset-manager spinouts, DoubleLine Alternatives maintains separate governance from the parent firm, with its own investment committee. There are no known philanthropic vehicles tied specifically to the Alternatives LP structure. Structurally, DoubleLine Alternatives distinguishes itself by offering institutional investors a bridge to illiquid markets through a manager best known for liquid fixed-income strategies. Its affiliation with DoubleLine Capital provides sourcing and underwriting relationships not typical for standalone alternative firms. The parent's scale—over $100B in AUM—provides a capital base and distribution network that most independent alternative managers lack.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Principals
Jeffrey Gundlach
CEO and CIO of DoubleLine Capital
Sector focus
Frequently asked questions
Who runs investment decisions at DoubleLine Alternatives LP?
The firm operates under the oversight of Jeffrey Gundlach, CEO and CIO of DoubleLine Capital. Investment decisions for alternatives are made by a separate investment committee within DoubleLine Alternatives LP, distinct from the parent's public-markets team (per public record).
How does DoubleLine Alternatives source proprietary deal flow?
The firm leverages the relationships and underwriting infrastructure of DoubleLine Capital, which has deep ties in credit markets. This network provides access to private credit, real estate, and infrastructure deals that may not be broadly syndicated (per public record).
Is DoubleLine Alternatives structured as a family office or an asset manager?
DoubleLine Alternatives is structured as an institutional asset manager, not a family office. It is a limited partnership formed to manage third-party capital alongside the parent firm's balance sheet (per public record).
Does DoubleLine Alternatives participate in fund commitments or only direct deals?
The firm employs a mix of fund investments and direct deal-making. It uses commingled fund vehicles and separate accounts, with a focus on private credit, real estate, and infrastructure—often directly originated (per public record).
What investment stages does DoubleLine Alternatives typically target?
The firm targets illiquid, long-duration assets across private markets. This includes buy-and-hold private credit, direct real estate debt and equity, and infrastructure projects requiring long-term capital (per public record).
How is DoubleLine Alternatives related to DoubleLine Capital?
DoubleLine Alternatives is a separately managed affiliate of DoubleLine Capital, the fixed-income giant founded by Jeffrey Gundlach. It operates with its own investment committee and legal structure but benefits from the parent's brand, distribution, and underwriting resources (per public record).
Where does the underlying wealth come from at DoubleLine Alternatives?
The firm does not manage a single-family fortune. Its capital comes from institutional investors such as pension funds, endowments, and family offices, as well as from DoubleLine Capital's internal balance sheet (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: