Posts Tagged ‘Avenue Capital Group’

Marc Lasry: Co-Founder of New York-Based Avenue Capital Group

November 13, 2015 in Business | Comments (0)

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Marc Lasry

Marc Lasry

Marc Lasry is the co-founder and chief executive officer of New York-based Avenue Capital Group. A self-made billionaire, Lasry emigrated to the U.S. with his family from Morocco when he was seven years old.

He received a B.A. in history from Clark University, and later a J.D. from New York Law School. After graduating, Lasry served as co-director of the Bankruptcy and Corporate Reorganization Department at Cowen & Company. He also served as Director of the Private Debt Department at Smith Vasiliou Management Company.

In 1989, Lasry founded Amroc Investments, a distressed debt brokerage, with his sister Sonia Gardner. The siblings founded Avenue Capital Group in 1995, with an initial investment of $7 million.