Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine Capital LP, waves after speaking at the 23rd annual Sohn Investment Conference in New York, U.S., on Monday, April 23, 2018. Since 1995, the Sohn Investment Conference, has brought the world's savviest investors together to share fresh insights and money-making ideas to benefit the Sohn Conference Foundation's work to end childhood cancer. Photographer: Bloomberg/Bloomberg
, Photographer: Bloomberg/Bloomberg
(Bloomberg) -- Jeffrey Gundlach may be on the move.
The Doubleline Capital chief executive officer tweeted an invitation for real estate agents in “low tax, well governed” U.S. states to call him, as he openly pondered leaving his Los Angeles base.
In a series of tweets, sent late Saturday on the West Coast, the billionaire investor said that public figures including Elon Musk “are leaving California to escape incompetent governance.”
Gundlach might not be alone in departing the state. Canyon Partners, the $24 billion hedge fund firm, is considering setting up a new office in Texas next year to flee what its leaders see as the high taxes, congestion and fire risks of Southern California, Bloomberg reported Friday.
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