Mr. Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine. He was formerly associated with TCW where he was Chief Investment Officer and head of fixed income activities. He is recognized as a leading expert¹ in mortgage-backed securities and investment asset allocation. His investment strategies have been featured in leading publications including The New York Times, The Financial Times, The Wall Street Journal, USA Today, Barron’s, Forbes, Fortune, Pensions & Investments and Institutional Investor. In 2010, Mr. Gundlach was named to the SmartMoney Power 30 , one of the seventeen most influential people by The Mutual Fund Wire and “Fund Leader of the Year” by Fund Action. In 2011, he was featured as “The King of Bonds” in Barron’s, named one of “5 Mutual Fund All-Stars” by Fortune Magazine and named “Bond Manager of the Year” by Foundations and Endowments Money Management. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.

1. Money News on May 26, 2011: Headline of the story: Bond Expert Gundlach: Housing Collapse to Spark Second Financial Meltdown. Morningstar on January 5, 2012: “….Jeffrey Gundlach, a high-profile fixed-income expert (and a former Morningstar Fund Manager of the Year)…”

Mr. Barach is co‐founder and President of DoubleLine. Prior to DoubleLine, Mr. Barach was Co‐Founder and Group Managing Director of the TCW Mortgage Group where he spent over 23 years. He has over 32 years of fixed income investment experience. Before joining TCW, Mr. Barach was Senior Vice President of Chief Investments for Sun Life Insurance Company in Los Angeles, where he was responsible for the asset/liability management of the firm and oversight and management of the company’s $5 billion investment portfolio. Previously, he served as Principal Fixed Income Officer for the California Public Employees’ Retirement System (CalPERS), the largest pension plan in the country. In that capacity, he was responsible for managing the fixed income portion of the fund which was 100% internally managed. Mr. Barach was heavily involved in the creation of the collateralized mortgage obligations (CMO) while at CalPERS, he oversaw the issuance of one of the first private label CMO using the retirement system’s MBS portfolio. He attended the Hebrew University of Jerusalem, where he received a BA in International Relations and an MBA in Finance.

Mr. Damiani is a Principal and founding member of DoubleLine. He is also a Portfolio Manager in the Mortgage Group. Prior to joining DoubleLine in 2009, Mr. Damiani was a Managing Director and MBS Portfolio Manager at TCW since 1999. Previously, Mr. Damiani was a Senior Vice President and head of residential mortgage investments at Back Bay Advisors. Before that, he was an Assistant Vice President and Portfolio Manager for The Putnam Companies. Mr. Damiani holds both a BS in Molecular Biology and an MS in Finance from the University of Wisconsin. He is a CFA charterholder.

Mr. Galligan is a Principal and founding member of DoubleLine. He is also a Portfolio Manager in the Mortgage Group. Prior to joining DoubleLine in 2009, Mr. Galligan was a Managing Director and Portfolio Manager at TCW since 1991. Prior to TCW, he was a Vice President at Smith Barney in the Mortgage-Backed Specialist group. Prior to that, he spent five years at First Boston as Vice President in the same area. In addition, Mr. Galligan spent over three years at Scudder Stevens & Clark as a Portfolio Manager/Trader. Mr. Galligan holds a BS in Economics with a concentration in Finance from the Wharton School of Business at the University of Pennsylvania. He is a CFA charterholder.

Mr. Fiorillo is a founding member of DoubleLine. He is a portfolio manager and senior trader in the Mortgage Group. Prior to joining DoubleLine in 2009, Mr. Fiorillo was a Managing Director at TCW for the previous four years, where he oversaw ABS and CMBS trading. Mr. Fiorillo was an Executive Director with Morgan Stanley. He brings over thirty years of mortgage, asset-backed and commercial mortgage experience to our team. Responsibilities at Morgan Stanley included developing mortgage origination providers into the Morgan Stanley Conduit and expanding the Firm's activity in both the Asset- Backed and Commercial Mortgage Backed securities markets. Prior to joining Morgan Stanley, Mr. Fiorillo was the Co-Head, Managing Director of the Mortgage-Backed Securities Group at Smith Barney. Before being recruited to Smith Barney, he was the head of marketing and sales of the Mortgage- Backed Securities Group at Merrill Lynch. Mr. Fiorillo attended the City University of New York and Marist College.

Mr. Liberman joined DoubleLine in 2009. He is part of the portfolio management and trading team specializing in trading mortgages and mortgage credit securities. Prior to DoubleLine, he was a Vice President at TCW for the previous six years where he also worked in portfolio management and trading. Mr. Liberman graduated from the California State University at Northridge earning both a BS and an MS in Applied Mathematics. He is a CFA charterholder.

Mr. Shinoda joined DoubleLine in 2009. He is part of the portfolio management and trading team specializing in trading mortgages and mortgage credit securities. Prior to DoubleLine, he was a Vice President at TCW for the previous six years where he also worked in portfolio management and trading. Mr. Shinoda graduated from the University of Southern California with a BS in Business Administration. He is a CFA charterholder.