Bonnie Baha, head of global developed credit at DoubleLine Capital LP, died after an automobile accident over the weekend, Reuters reported Sunday, citing the investment firm.
Baha helped Los Angeles-based DoubleLine become one of the fastest-growing asset management firms in the U.S., the news agency reported. Her team managed the firm’s investments in fixed and floating-rate corporate and sovereign securities issued within developed market economies, Reuters said.
“For a quarter century Bonnie was my trusted colleague and dear friend,” Reuters cited Jeffrey Gundlach, chief executive of the $100 billion investment firm, as saying. “She was honest and direct, with a sardonic wit perfectly matching her investment skepticism helping shape the DoubleLine philosophy.”
Prior to DoubleLine, Baha was a managing director and portfolio manager overseeing the corporate bond investments at TCW Group Inc. for 19 years, where she worked closely with Gundlach, Reuters said.
A call to DoubleLine’s office outside business hours went unanswered and an e-mail was not returned.