Summary: Howard Marks, the most prominent distress debt specialist who co-founded Oaktree Capital Group, mentions that his family now owns a “meaningful amount” of Bitcoin as well as other cryptocurrencies in his latest memo to clients. This is the doing of his son, Andrew Marks, who is “quite positive” on the newfangled asset class. Tracy Chen

Howard Marks, the most prominent distress debt specialist who co-founded Oaktree Capital Group, mentions that his family now owns a “meaningful amount” of Bitcoin as well as other cryptocurrencies in his latest memo to clients. 
This is the doing of his son, Andrew Marks, who is “quite positive” on the newfangled asset class.

Tracy Chen