Co-Founder & CEO of Avenue Capital Group
Marc Lasry and his sister Sonia founded Avenue Capital Management, which manages over $10 billion in assets and focuses on distressed and undervalued securities. Distressed investing has been the focus of his professional career for more than 36 years.
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- Prior to founding Avenue, Mr. Lasry co-founded Amroc Investments, LLC and managed capital for Amroc Investments, L.P., the predecessor firm associated with Robert M. Bass Group, Inc.
- He was listed as one of the 25 highest-earning hedge fund managers in 2013 by Forbes, with total earnings of $280 million.
- He became co-owner of the NBA’s Milwaukee Bucks after purchasing the team from Herb Kohl for $550 million in 2014.
- He is currently a member of the Council on Foreign Relations and has served on various other boards of both for-profit and not-for-profit private and public companies.
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