Marc Lasry

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  • Chairman, CEO, and Co-Founder of Avenue Capital Group
  • Leading Authority on Distressed and Undervalued Debt and Equity Opportunities in the U.S., Europe, and Asia
  • Member, Council on Foreign Relations
  • Co-Owner, Milwaukee Bucks NBA Franchise

Co-Founder, Chairman, and CEO of Avenue Capital Group Marc Lasry is a renowned financial strategist and a Co-Owner of the Milwaukee Bucks NBA franchise. Lasry founded Avenue Capital Group with his sister, Sonia Gardner, as a global alternative investment manager focused on distressed and undervalued debt and equity opportunities in the U.S., Europe, and Asia, and it has grown to one of the largest distressed debt investors globally, managing assets of approximately $11.9B. He is heralded as a pioneer in distressed investing, which has been the focus of his career, and his insights are sought-after for speaking events with Reuters Global Investment Summit, the SALT Conference, the Young President’s Organization, and more.

Lasry has a background in law, and previously worked as the Director of the private debt department at R. D. Smith, the Co-Director of the bankruptcy and corporate reorganization department of Cowen & Company, and with the Robert Bass Group, managing over $100M. He is currently a member of the Council on Foreign Relations, and serves on numerous boards of advisors and directors for both for-profit and non-profit private and public companies. Lasry shares takeaways for high-level investing, the impacts of current events and policy on businesses and individuals, and strategies for carving your own path across industries to cultivate an eclectic portfolio in events that will make an impact with audiences of all kinds.

 


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Past Hosts Include:
  • iConnection Conference
  • Context Conference
  • EDGE Young Professionals Conference
  • SALT Conference
  • Sportico Conference
  • Reuters Global Investment Summit
  • Young President's Organization
  • Jewish Federation of Greater Hartford
News Commentary - If Fed continues to raise rates it will lead to recession, says Avenue Capital's Marc Lasry | CNBC Closing Markets [4:34] - Get Sharable Link
Talks & Conversations with Marc Lasry
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In Conversation with Marc Lasry

Hedge fund manager, billionaire investor, and Milwaukee Bucks Co-Owner MARC LASRY is sought-after for his insights about investment strategy, cultivating a diverse and eclectic portfolio, and his work building a winning NBA team from the ground up in events that will make an impact with audiences of ...

Hedge fund manager, billionaire investor, and Milwaukee Bucks Co-Owner MARC LASRY is sought-after for his insights about investment strategy, cultivating a diverse and eclectic portfolio, and his work building a winning NBA team from the ground up in events that will make an impact with audiences of all kinds.

The Road to an NBA Title

Hedge fund manager and billionaire investor MARC LASRY took a risk when he became Co-Owner of the Milwaukee Bucks NBA franchise, and lead the team to a Championship win within a few short years. Lasry shares practical takeaways about strategizing for a winning team and company culture, identifying o ...

Hedge fund manager and billionaire investor MARC LASRY took a risk when he became Co-Owner of the Milwaukee Bucks NBA franchise, and lead the team to a Championship win within a few short years. Lasry shares practical takeaways about strategizing for a winning team and company culture, identifying opportunities where others see risk, and insights from the road to an NBA title in this impactful conversation.

Top Advice for Today’s Opportunities in Credit

Hedge fund manager and billionaire investor MARC LASRY is the Co-Founder, Chairman, and CEO of Avenue Capital Group, one of the largest distressed debt investors globally, managing assets of approximately $11.9B. Lasry shares insights about how current events are impacting the market, top advice and ...

Hedge fund manager and billionaire investor MARC LASRY is the Co-Founder, Chairman, and CEO of Avenue Capital Group, one of the largest distressed debt investors globally, managing assets of approximately $11.9B. Lasry shares insights about how current events are impacting the market, top advice and strategies for investors at all levels, and today’s biggest opportunities in credit.

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Biography

Marc Lasry is the Chairman, Chief Executive Officer and Co-Founder of Avenue Capital Group, a global alternative investment manager focused on distressed and undervalued debt and equity opportunities in the U.S., Europe and Asia. In 1995, Mr. Lasry formed Avenue with his sister, Sonia Gardner, with less than $10 million in capital from friends and family. Today, Avenue is one of the largest distressed debt investors globally, managing assets of approximately $11.9 billion, with headquarters in New York City, and offices in London, Luxembourg, Dublin, Silicon Valley, Abu Dhabi and four offices throughout Asia.

Mr. Lasry is known as a pioneer in distressed investing which has been the focus of his professional career for over 38 years.

After law school, Mr. Lasry clerked for the Honorable Edward Ryan, Chief Bankruptcy Judge for the Southern District of New York. He spent the following year practicing law at Angel & Frankel, which focused on bankruptcies.

Mr. Lasry subsequently became the Director of the private debt department at R.D. Smith, the firm where he first became involved in “trade claims,” the market in purchasing and selling to investors the unsecured claims of vendors and other creditors against a debtor. In 1987, he moved to Cowen & Company where he was Co-Director of the bankruptcy and corporate reorganization department. It was at Cowen that he caught the attention of the Texas investor Robert Bass, who was a client of the firm. When he left Cowen, Mr. Lasry went to manage over $100 million for the Robert Bass Group, where he invested in bank debt, senior bonds, and trade claims. The Bass fund Mr. Lasry oversaw was called Amroc Investments, L.P., and, at the time, it stood as one of the largest distressed funds in the U.S. In 1990, he co-founded a boutique distressed brokerage firm, keeping the Amroc name and maintaining the affiliation with the Robert Bass Group.

Mr. Lasry is currently a member of the Council on Foreign Relations, and he has served and will continue to serve on various other boards of advisors/directors of both for-profit and not-for-profit private and public companies. He is also co-owner of the Milwaukee Bucks NBA team.

Mr. Lasry received a B.A. in History from Clark University (1981) and a J.D. from New York Law School (1984).