Doubleline Alternatives LP (Glendale)

Name: Doubleline Alternatives LP
Address: 505 N Brand Boulevard, Suite 860, Glendale, CA, 91203
Telephone: 2136338200

Doubleline Alternatives LP is an investment adviser to an investment company based in Glendale. It manages $700.51 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of California.

Doubleline Alternatives provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Doubleline Alternatives: assets under management

The assets under management (AUM) of Doubleline Alternatives LP is $700.51 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2840% since the beginning of its operation, and $312.32 million of the total AUM is attributable to clients outside of the United States.

The firm manages $700.51 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $140.1 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Doubleline Alternatives LP for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jeffrey John Sherman serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Jeffrey John Sherman is investment companies with 2 clients and $388.2 million of assets under management. Among the 8 most similar advisory firms, Doubleline Alternatives has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $700.51 million for 5 clients. 60% of the firm’s clients are foreign persons or businesses.

Doubleline Alternatives doesn't advise any private funds.

Careers at Doubleline Alternatives LP

The company employs 146 people that are either part- or full-time employees. 6 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jeffrey John Sherman has been acting as President since 1 Apr 2015. Adam Daniel Rossetti joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rhe Group Llc	General partner	1 Mar 2015	Other	47-3152167
Lab1 Lp	Limited partner	1 Mar 2015	25% - 50%	47-3172023
Doubleline Capital Lp	Limited partner	1 Mar 2015	Other	152606
Roy Croft Lp	Limited partner	1 Mar 2015	25% - 50%	47-3161395
Doubleline Gp Holdings Lp	Limited partner	1 Mar 2015	Other	27-3161422
Jeffrey John Sherman	President	1 Apr 2015	Other	5757585
Adam Daniel Rossetti	Chief compliance officer	1 Jun 2015	Other	6509121

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Edward Gundlach	Limited partner	1 Dec 2009	25% - 50%	5743631
Doubleline Capital Gp Llc	General partner	1 Dec 2009	Other	61-1609044
Jeffrey Edward Gundlach	Limited partner	1 Mar 2015	50% - 75%	5743631
Earl Allan Lariscy	Member	1 Mar 2015	25% - 50%	5819564
Henry Vann Chase	Member	1 Mar 2015	25% - 50%	6120395
Ronald Robert Redell	Member	1 Mar 2015	25% - 50%	2426944
Jeffrey John Sherman	Limited partner	1 Mar 2015	25% - 50%	5757585

Based in Glendale

The principal office where Doubleline Alternatives LP performs its advisory services is located at 505 N Brand Boulevard, Suite 860, Glendale, CA 91203 The mailing address of the firm is 333 South Grand Ave 18 Th Fl, Los Angeles, CA 90071. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 2136338200 or by fax 2136338398. The normal business hours are 8 am to 4 pm on Monday - Friday. You can find more information about the New York firm at doubleline.com.