DoubleLine’s Robert Cohen, Director of Global Developed Credit, joins Bloomberg’s The Close with Romaine Bostick and Katie Greifeld to break down an evolving landscape of corporate credit amid an AI investment boom, shifting M&A trends, and changing dynamics between public and private credit. Mr. Cohen discusses why borrower quality matters more than ever, how markets are efficiently pricing risk across the credit spectrum, and why he believes 2026 could bring a resurgence in credit creation and deal activity. He also explains why credit returns could compete closely with equities next year and outlines the structural differences that could leave private credit lagging public markets.
Mr. Cohen joined DoubleLine in 2012 and serves as Director of Global Developed Credit. In this role, he oversees the firm’s corporate credit team and is the lead portfolio manager for investment grade, high yield and leveraged loan credit strategies. Mr. Cohen also developed DoubleLine’s leveraged finance investment platform, which is utilized across closed-end fund, floating-rate, CLO and multi-sector fixed-income strategies. In addition, he is a permanent member of the Fixed Income Asset Allocation Committee. Mr. Cohen has over 30 years of experience in corporate credit investing. Prior to joining DoubleLine, he held investment roles at West Gate Horizons Advisors, ING Capital Advisors, Union Bank and Bank of Montreal. Mr. Cohen holds a B.A. in Economics from the University of Arizona and an MBA from the University of Southern California. He is a CFA® charterholder.
