By  on April 16, 2012

Ronald W. Burkle, chairman and chief executive officer of Yucaipa Cos., the Los Angeles investment firm, may like to dabble in the fashion category — but he doesn’t like to talk about it.

Despite investments in some high-profile names, the billionaire Burkle still remains something of a newcomer to the sector. And his choices so far defy a discernible pattern or specific strategy. One thing is certain: He has a taste for risk, investing in the cash-hungry label or the turnaround project. That wouldn’t necessarily classify Burkle as a bottom-fisher, but he seems more than willing to invest in the not-so-sure thing in exchange for longer-term ownership.

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