Marc Lasry

Marc Lasry

Chairman and Founder, Avenue Capital Group

Marc Lasry is one of the pioneers of the distressed securities market, which has been the exclusive focus of his professional career. Marc is a Founder and Managing Partner of Avenue Capital Group, the distressed fund manager with assets totaling over $5 billion.

He is also the Founder and Senior Managing Director of Amroc, one of the largest broker/dealers of distressed securities. Prior to operating Amroc as an independent entity, Marc and Amroc were affiliated with Acadia Partners L.P., an investment partnership whose general partners include Keystone, Inc. (an investment partnership firm that was affiliated with the Robert M. Bass Group), American Express Company, and the Equitable Life Assurance Society of America.

Marc previously was Co-Director of the Bankruptcy and Corporate Reorganization Department at Cowen & Company. Prior to that time, he served as Director of the Private Debt Department at Smith Vasiliou Management Company.

 

 

 

4 min
Prior to the crisis, regulators were more concerned with hedge funds than with banks. Why didn’t the government bailout hedge funds? Avenue Capital chairman Marc Lasry explains.
5 min
Avenue Capital chairman Marc Lasry sees leverage as the main culprit of the economic downturn. The secret to recovery: a cap on leverage.
5 min
Hedge fund founder Marc Lasry evaluates the government’s handling of the Chrysler bankruptcy and compares this financial crisis to previous ones.