Howard Marks, Chairman

  • Trustee


Since the formation of Oaktree in 1995, Mr. Marks has been responsible for ensuring the firm's adherence to its core investment philosophy; communicating closely with clients concerning products and strategies; and contributing his experience to big-picture decisions relating to investments and corporate direction. From 1985 until 1995, Mr. Marks led the groups at The TCW Group, Inc. that were responsible for investments in distressed debt, high yield bonds, and convertible securities. He was also Chief Investment Officer for Domestic Fixed Income at TCW. Previously, Mr. Marks was with Citicorp Investment Management for 16 years, where from 1978 to 1985 he was Vice President and senior portfolio manager in charge of convertible and high yield securities. Between 1969 and 1978, he was an equity research analyst and, subsequently, Citicorp's Director of Research. Mr. Marks holds a B.S.Ec. degree cum laude from the Wharton School of the University of Pennsylvania with a major in finance and an M.B.A. in accounting and marketing from the Booth School of Business of the University of Chicago, where he received the George Hay Brown Prize. He is a CFA® charterholder and a Chartered Investment Counselor. Mr. Marks serves on the Investment Committee of the Helmsley Charitable Trust, the Board of Trustees of Mount Sinai Hospital, and the Board of the University of Pennsylvania, where from 2000 to 2010 he chaired the Investment Board.

On the Royal Drawing School

So much of the art I enjoy is based on drawing – either the preparatory drawing underlying a great painting, or the finished examples of drawing skills that were acquired as the masters learned their craft.  Many great modern and abstract artists built their approach on a solid foundation of draftsmanship, even if representational drawing isn’t evident in their work itself.

On a human level, I’ve seen how learning to draw from observation increases our students’ sensitivity to their environment, helps them relate to an idea or a belief, and – on a more practical note – equips some of them for careers as artists or as teachers of others. Furthermore, for many people the Drawing School clearly provides a happy pastime and personal growth.

For these and many more reasons, I am honoured to be Chairman of the Royal Drawing School and I wholeheartedly support both its role within arts eduction and its future ambitions. Together we must ensure that the teaching of drawing from observation continues to flourish. 

Howard Marks, Chairman