One of the top executives at DoubleLine Capital [profile] died over the weekend after being hit by a car.

Bonnie Baha DoubleLine Late Director of Global Credit

Bonnie Baha, 56, head of global developed credit at the Los Angeles-based fixed income asset manager, died yesterday at the University of Virginia Medical Center after she and her family were "struck by a car making a left turn from Bond Street onto District Avenue" near the Stonefield shopping center in Ablemarle County, Virginia, according to a statement from the county police department. The local NBC affiliate, Bloomberg, and Reuters all picked up the news.

"For a quarter century Bonnie was my trusted colleague and dear friend," Jeffrey Gundlach, chief of DoubleLine, tells the wire services in an emailed statement. "She was honest and direct, with a sardonic wit perfectly matching her investment skepticism helping shape the DoubleLine philosophy."

Madeline Curott, public information officer at the Albemarle County Police Department in Virginia, tells MFWire that no charges have been filed at this time. She offers her sympathy on the passing of Baha on her Twitter page along with a copy of a letter from the police department. The letter states the fatal crash occurred just before 1 p.m. on Sunday "in the area of the Stonefield shopping center." The letter goes on to indicate that Baha, who is from San Marino, California, "died from her injuries at the UVa Medical Center." Baha and her family were there to drop off her son, an underclassman at the University of Virginia. This is the county's first fatality this year involving a pedestrian, Curott tells MFWire.

Gerelyn Terzo also contributed to this story. 

Edited by: Neil Anderson, Managing Editor


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