Profil Financier
Howard Marks occupe actuellement le rang #1867 du classement mondial StarFortune (secteur finance & investissement). Fortune nette estimée : $2.2 B (-$114 sur 24h).
Howard Marks is the cofounder and co-chairman of Oaktree Capital Management, a Los Angeles-based distressed debt investor with over $220 billion in assets.
Marks began his career at Citibank, where he started a portfolio of high-yield bonds after meeting with junk bond king Michael Milken.
He became an asset manager at TCW, where he met Oaktree cofounder Bruce Karsh. The duo left with four colleagues in 1995 to found their own shop.
In September 2019, Brookfield Asset Management acquired 61% of Oaktree for about $4.9 billion in cash and stock. It agreed to buy the rest for $3 billion in 2025.
He and Karsh still head up Oaktree, which continues to operate independently of Brookfield. His stake in the firm is now about 7.5%.
Marks is known for his highly detailed investment memos, which cover everything from cryptocurrency to index investing.
The Wharton and UChicago alum minored in Japanese studies, which he became interested in after signing up for a mandatory literature class.