In a tragic development over the weekend, Bonnie Baha, head of Global Developed Credit at DoubleLine Capital LP, died as a result of an automobile accident over the weekend. As Reuters first reported, Baha, 57, helped steer the Los Angeles-based DoubleLine Capital into one of the fastest growing asset management firms in the United States.
Her team managed the firm’s investments in fixed and floating-rate corporate and sovereign securities issued within developed market economies.
“For a quarter century Bonnie was my trusted colleague and dear friend. She was honest and direct, with a sardonic wit perfectly matching her investment skepticism helping shape the DoubleLine philosophy,” said Jeffrey Gundlach, chief executive of the $100 billion DoubleLine.
Prior to DoubleLine, Baha was a managing director and portfolio manager overseeing the corporate bond investments at TCW for 19 years, where she worked closely with Gundlach.
The circumstances of her tragic passing were first reported by NBC29: according to which Albemarle County police were investigating a fatal accident involving pedestrians at Stonefield shopping center Sunday afternoon. Albemarle County police confirmed that a mom, dad and daughter were hit by a car at the shopping center. The mother, 57-year-old Bonnie Baha of San Marino, California died as a result of her injuries at University of Virginia Medical Center.
Police say that the mother, father and daughter were crossing District Street in the Stonefield shopping center when they were hit by a car. The car was making a left turn off Bond Street. All three people were taken to University of Virginia Medical Center. The family was in Charlottesville to drop their son off at UVA, a first-year student. The investigation is still ongoing.
“Right now, no charges have been filed, it’s still very much under investigation, we hope to be able to release some identities tonight, as soon as our investigating officers are able to get some information,” said Madeline Currott a spokesperson for the ACPD.
Baha was regarded as one of the best corporate credit analysts in the United States.
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