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Marks's Oaktree Seen Nearing $1 Billion Gain On Gundlach Bet

TedTed
in The Bullpen
FYI: Oaktree Capital Group LLC co-founder Howard Marks is known as a shrewd investor. One of his best decisions was spending about $20 million in 2009 for a one-fifth stake in Jeffrey Gundlach’s upstart investment firm.
Regards,
Ted
http://www.bloomberg.com/news/articles/2016-02-18/marks-s-oaktree-seen-nearing-1-billion-gain-with-gundlach-wager
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