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Currents

Ep237: DoubleLine Capital making moves into infrastructure

Jan 19, 2024
Andrew Hsu, portfolio manager at DoubleLine Capital, discusses their investment in infrastructure, focusing on types of deals, risk-adjusted returns, and key investment areas. They also talk about check sizes, deal structures, advantages of DoubleLine as a partner, and the importance of building relationships.
15:39

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • DoubleLine Capital is diversifying its investment portfolio by entering the infrastructure space and providing access to infrastructure investments for retail investors.
  • DoubleLine Capital offers a full life cycle approach to partnering with companies, providing private debt financing in the early stages and continuing to support them as they grow and reach the public stage.

Deep dives

Introduction to Double Line Capital

Double Line Capital is an asset management firm focused on fixed income. With over $100 billion under management, they offer various vehicles for investment, including mutual funds and separately managed accounts. While not traditionally associated with project finance, Double Line's expertise in innovation and their experience in the mortgage market have led them to see the potential in infrastructure as an asset class. They aim to provide access to infrastructure investments for retail investors, both through direct financing of infrastructure assets and through the inclusion of fixed income securities backed by infrastructure assets in their public mutual fund.

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