You Won't Believe How Fast Jeff Gundlach Is Raising Money These Days

jeff gundlach doublelineJeffrey Gundlach

Photo: CNBC

On January 26th, we heard that Jeff Gundlach’s fund firm, DoubleLine, had $24 billion in assets under management.Today the official number is $25 billion.

That’s $1 billion in 5 days, two of which were not even business days. So it seems like they’re raising $333 million/day.

That is insane. The last time we looked at the speed of his fundraising, it was $100 million per day.

Now granted, some of the gain is probably due to capital appreciation, but… in 3 business days of a bond fund, you’re not going to get THAT much capital appreciation.

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