Oaktree Capital’s 4Q Profit Rose 65 Percent, Stock Trades Higher

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Oaktree Capital’s 4Q Profit Rose 65 Percent, Stock Trades Higher

Oaktree Capital Group LLC (NYSE:OAK), the largest distressed-debt investment management firm headed by veteran fund manager Howard Marks, reported a 65% increase in profit during the fourth quarter of 2013. For the entire year, the investment management firm said its net income increased 106%.

The shares of Oaktree Capital Group LLC (NYSE:OAK) were trading around $59.72 per share, up by more than 3% on Thursday.

RV Capital 1H22 Letter to Co-Investors in Business Owner

write 1603127795RV Capital Co-Investor Letter for the first half ended June 2022. Q2 2022 hedge fund letters, conferences and more Dea