Bruce Karsh
Overview
- Source of Wealth
- Private equity
- Industry
- Finance & Investments
- Residence
- Los Angeles, California
- Organization
- President at Oaktree Capital Group LLC
- Education
- Duke University (Bachelor of Arts/Science)University of Virginia (Doctor of Jurisprudence)
- Marital Status
- Married
- Children
- 3
Assets
- Inseego Corp0 shares @ --INSG-US
- Oaktree Capital Group LLC0 shares @ --OAK-US
Biography
Bruce Karsh runs Los Angeles-based private equity firm Oaktree Capital Management with longtime partner Howard Marks; they founded it in 1995.
In 2019, Brookfield Asset Management acquired 61% of Oaktree for $4.9 billion in cash and stock. It agreed to buy the rest for $3 billion in 2025.
Karsh still runs the company, which had gone public in 2012 and which continues to operate independently, as co-chairman and CIO.
A leading debt investor, Oaktree manages over $220 billion in assets, two thirds of which is invested in corporate or distressed debt.
About
Karsh, a rock-and-roll memorabilia collector, owns the rights to the Beatles' movie "A Hard Day's Night," and co-owns the rights to "Help!"
Karsh is a minority owner of the Golden State Warriors. He made a play for the Los Angeles Clippers in 2014, but was outbid by Microsoft billionaire Steve Ballmer.