Oaktree Capital Group (OAK) public filings, SEC filings, Institutional Investor
Howard Stanley Marks is the co-founder and co-chairman of Oaktree Capital Management, one of the world's largest distressed debt investors with approximately $192 billion in assets under management.
Marks graduated from the Wharton School and the University of Chicago Booth School of Business. He spent 16 years at Citibank (now Citigroup), where he built their high-yield bond and convertible securities business, before co-founding Oaktree in 1995.
Marks is perhaps best known for his investor memos, which he has published since 1990 and which are widely read across the investment community — Warren Buffett has said he reads them immediately upon receipt. He is also the author of "The Most Important Thing" (2011), a highly regarded investment book. His approach emphasises risk control, consistency, and the importance of market cycles.