Bruce Karsh
Bruce A. Karsh is an American investor and the co-founder, Co-Chairman, and Chief Investment Officer of Oaktree Capital Management, a Los Angeles-based firm specializing in distressed debt and alternative investments that he co-founded in 1995 with Howard Marks. He serves as portfolio manager for Oaktree's Global Opportunities, Value Opportunities, and Global Credit strategies and is best known as a leading distressed debt investor, described by peers as the quiet strategic force behind Oaktree's credit operations. Prior to co-founding Oaktree, he managed distressed debt funds at TCW Asset Management Company and began his career as an attorney and law clerk for Anthony M. Kennedy. He holds an A.B. in economics from Duke University and a J.D. from the University of Virginia School of Law.
“Oaktree raised an $11 billion distressed debt fund before the Global Financial Crisis — not during it — because crisis conditions make fundraising impossible.”
Source→“Bruce, who runs those funds, invested an average of $450 million a week for 15 weeks, $7 billion in a quarter.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.