SEC filings, ADV filings, Institutional Investor
Marc Lasry is the co-founder and CEO of Avenue Capital Group, a distressed debt and credit-focused investment firm managing approximately $12 billion in assets.
Born in Marrakesh, Morocco, Lasry immigrated to the United States as a child and grew up in Hartford, Connecticut. He graduated from Clark University and New York Law School. He co-founded Avenue Capital in 1995 with his sister Sonia Gardner, focusing on distressed debt opportunities.
Lasry's firm specialises in buying the debt of companies in or near bankruptcy and restructuring situations. He is also a co-owner of the Milwaukee Bucks NBA team, which won the NBA Championship in 2021. His net worth is estimated at approximately $1.8 billion.