Marc Lasry is a Moroccan-born American businessman, the self-made billionaire Co-founder, Chairman, and former CEO of Avenue Capital Group, a major hedge fund specializing in distressed debt and undervalued securities. Born in Marrakesh, Morocco, in 1959, his family emigrated to the U.S. when he was seven.

Lasry graduated from Clark University and earned a J.D. Law degree from New York Law School. His career began with high-level finance roles, working as a Clerk in bankruptcy court and later as a Director of Bankruptcy and Restructuring at Cowen & Company. His philosophical approach centers on contrarian investment (buying distressed debt) and aggressive shareholder activism to maximize returns.

• Avenue Capital Group (Co-founder & Chairman): The core private asset, a major hedge fund specializing in distressed debt and non-performing loans (managing billions in assets).
• Sports Ownership: He was the Co-owner of the Milwaukee Bucks (NBA) (sold in 2023 for a $3.2 billion valuation).
• Investment Strategy: His success is built on opportunistic acquisition of distressed corporate and sovereign debt and corporate restructuring.
• Political Focus: He is a major Democratic donor and was a key advisor to President Barack Obama.

Marc Lasry's strategic genius was his commitment to distressed assets. He co-founded Avenue Capital Group (with his sister, Sonia Gardner) in 1995, focusing on buying debt from bankrupt companies and successfully restructuring them. His structural contribution is tied to pioneering the distressed debt investing model in the hedge fund industry.

His public focus shifted to sports in 2014 when he co-led the acquisition of the Milwaukee Bucks (NBA). In 2021, the Bucks won the NBA Championship. He sold his stake in the Bucks in 2023 for a $3.2 billion valuation to focus on investment strategy and political finance. His wealth is secured by the colossal, long-term, superior returns generated by his distressed debt strategies.

Marc Lasry's social impact is structural, stemming from Avenue Capital's role in restructuring and stabilizing troubled corporations globally. His ownership of the Milwaukee Bucks provided a major civic asset for the community. His personal philanthropy supports various educational and community initiatives (serving as a Trustee of Mount Sinai Hospital).

His structural contribution is tied to his belief in contrarian investment and his influential role in Democratic political funding.

Marc Lasry maintains the professional, composed style of a financial executive. His attire is consistently bespoke, favoring dark, tailored suits. His aesthetic reflects stability and immense financial authority, typical of a leader in the global hedge fund sector.

Residing in New York City, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, political influence, and high-impact financial philanthropy.