Loading people...
Marc Lasry is Chief Executive Officer at Avenue Capital Group, based in New York City, NY, USA.
Marc Lasry is the Managing Partner and Co-Founder of Avenue Capital Group, a global investment firm based in New York City. He established the firm in 1995 alongside his sister Sonia Gardner, successfully growing the hedge fund to manage over $10 billion in assets under management in the current market. Before launching Avenue Capital, Lasry held specialized distressed debt roles at Cowen and Company and First Boston, and he earned a Juris Doctor from the University of Pennsylvania Law School. Outside of traditional finance, he co-owned the NBA's Milwaukee Bucks with Wes Edens before selling his ownership stake to the Haslam family in 2023 at a $3.5 billion franchise valuation. His current focus remains on directing Avenue Capital's global credit strategies, specializing in distressed debt, high-yield bonds, and complex special situations investing across international markets.