Gundlach Plans DoubleLine Infrastructure Fund Citing Finance Gap
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Jeffrey Gundlach’s DoubleLine Capital plans to start its first fund dedicated to finance projects such as bridges, roads and tunnels.
“We’ll probably do a fund on infrastructure -- we’re working on that,” Gundlach, 55, said yesterday in an interview at DoubleLine’s Los Angeles headquarters. The “estimates of what’s needed are mind-blowing,” he said, citing predictions of as much as $30 trillion globally.