Howard Marks

Howard Marks

Formal First Name
1946 - present

Howard Marks is the Co-Founder and Co-Chairman of Oaktree Capital Management, a leader among global investment managers specializing in alternative investments. Since the inception of Oaktree in 1995, he has been responsible for ensuring the firm’s adherence to its core investment philosophy; communicating closely with clients concerning products and strategies; and contributing his experience to big-picture decisions relating to investments and corporate direction. Marks is one of the world’s greatest investors and most well-respected alternative investment managers in the business. Prior to launching Oaktree, he led the groups at the TCW Group, where he was responsible for investments in distressed debt, high yield bonds, and convertible securities. Before that, he spent 16 years at Citibank where he was Vice President and Senior Portfolio Manager in charge of convertible and high yield securities.

Professional Experience

Academic History



  • Marks is known as one of the world's greatest investors.

  • He is widely regarded as the Warren Buffet of distressed debt securities.

  • He specializes in putting capital to work when others are fearful—a.k.a. "catching falling knives."

  • He is known for his often prescient, often contrarian market commentaries.

  • His investor memos are highly anticipated across the financial world for their wisdom, charm, and crisp clarity detailing his investment strategies and insight into the economy.