Daily Archives: March 24, 2015

Howard Marks – Memo on Lessons on oil

Read the full memo here

HOWARD MARKS – Co-Chairman, Oak Tree
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.

Webinar : The good, the bad and the ugly of Indian Real Estate in 2015 – 2022

Upcoming Webinars : The good, the bad and the ugly of Indian Real Estate in 2015 – 2022

Register here

On 25 Mar, 2015 From 1:30 PM – 2:30 PM (UTC +05:30) India Time Zone

25th March 2015, 1:30 PM (IST), 3:00 PM (JKT), 4:00 PM (SGT) onwards

Agenda:

• What will drive the next wave of returns for Real Estate Investors
• Diamonds in the rough – Subsectors which will thrive over the next decade
• Distressed investing – How to spot the winners
• Learning lessons for Indian Real Estate Investors from the last decade

Speaker Details:

Mr. Om Chaudhry
Present: Founder and CEO, FIRE Capital Fund Private Limited

Past: Feedback Ventures

 

Mr. Chaudhry is the Chief Executive Officer (COO) of FIRE Capital Fund, the real estate centric private equity fund that has created several joint venture companies across the country to deliver a total built up area of nearly 40 million sq.ft. over more 1200 acres. Under his leadership, FIRE Capital has pioneered the concept of SUV (Satellite Urban Village) that aims to provide international quality urban housing while tackling the challenges on the ground thrown by the limited urban infrastructure available in these cities. Through this model, FIRE Capital has focused its attention on Value Housing for the consuming class and has a preference for locating its projects in Tier II cities.

 

Before starting FIRE Capital, Om was a partner at Feedback Ventures, a leading Indian consultancy group with the largest number of professionals dedicated to new ventures in the infrastructure sector. He has also handled projects across a wide range in the real estate domain – residential, commercial, retail, hospitality, industrial and healthcare – across the spectrum of consulting to operationalization.

 

Mr. Chaudhry has a B. Tech. degree from the Indian Institute of Technology, Delhi and an M.B.A. from the Indian Institute of Management, Ahmedabad.

Co Speaker : Manoj Dassani

Present: Chief Operating Officer (COO), FIRE Capital Fund Private Limited

Past: DNA Infrastructure Pvt. Ltd, D Group International, Feedback Ventures among others

 

Mr. Dassani has over 22 years of experience as a consultant, entrepreneur and business leader in various industries, prominently construction and infrastructure. He was the CEO at DNA Infrastructure Pvt. Ltd, a company engaged in execution of EPC contracts related to water supply and road projects.

 

He was also the owner/director at D. Group International Pvt. Ltd, a Government recognized export house for home furnishing and garments. He also worked as senior manager at Feedback Ventures & Collaboration Services Pvt. Ltd – a management consulting firm focused on implementation of projects, primarily real estate and infrastructure

 

Mr. Dassani has a B. Com (Hons) from Shri. Ram College and an MBA from IIM-Ahmedabad.