Deals
Oaktree Buys Warily as China's Distressed Loans Pile Up
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Howard Marks, co-chairman of Oaktree Capital Group LLC, is ramping up the firm’s focus on investing in China but proceeding with caution.
Oaktree is buying non-performing loans in the country, Marks said in an interview with Bloomberg Radio on Monday from the Milken Institute Global Conference in Beverly Hills, California.