Who is Jeffrey Gundlach?

by Steve

Yeah, who is this Jeff Gundlach broham and why does he mean anything to this blog? Evidently he is some rich dude that wants to try and buy the Bills and keep them in Buffalo? Who knew there were so many rich people associated with Buffalo, god damn.

The Wall Street Journal has the story:

“I’m trying to put a group together to buy it,” he said Thursday, adding that he has floated the idea to several wealthy clients for whom he manages money. The discussions are in the early stages, he said. “Now, I’m thinking about thinking about it.”

Brought up in Buffalo, Gundlach was a star fund manager for Trust Co. of the West, or TCW, which he joined as a bond analyst in 1985. After an acrimonious split with TCW, Gundlach founded DoubleLine Capital, which is headquartered in Los Angeles.

Gundlach acknowledged that Bills owner Ralph Wilson is unlikely to part with the franchise while still living. He also acknowledged that buying a sports franchise in Western New York isn’t a huge growth opportunity. “It’s not an investment,” he said. “It’s because I love the Bills.”

Lame WGR has something about it too:

"He's a well-known fund manager. He used to work for an outfit called T.C.W. He left there, and it was somewhat of an acromonious split. There was a lawsuit after his departure. He founded an outfit called The Double Line as their bond fund manager, and they've actually done very well as fund managers. Outspoken guy, very opinionated. He's a very shrewd investor. This isn't an investment he told me. This is because he loves the Bills basically."

I'll take all the rich dudes I can get to keep the team in Buffalo at this point. Then again it is all moot until Ralph decides to start setting something up to keep the team in Buffalo (assuming he hasn't already) or he bites.

Also it appears this guy is some sort of BIG TIME investment guru a google search will show. He started a fund that reached $10,000,000,000 faster than anyone else ever? Damn

Also WSJ got a comment or non comment from the Bills

A Bills spokesman replied to Gundlach’s statement in an email, saying, “Mr. Wilson has commented publicly many times that he has no intention of selling the team. Beyond that, our team does not offer a comment to this topic.”