Marc Lasry
Chief Executive Officer at Avenue Capital Management II LP
Profile
Marc Lasry is an American billionaire hedge fund manager and co-founder and chief executive officer of hedge fund Avenue Capital Group.
Early life and Education
Lasry was born in Marrakech, Morocco. He and his family immigrated to the U.S. from Morocco when he was 7 and spoke no English. His father, Moise, was a computer programmer and his mother, Elise, was a schoolteacher. At night, his parents worked a second job selling Moroccan clothing to boutique stores.
Career
Mr. Lasry originally pursued a career in law, having clerked for the Honorable Edward Ryan, former Chief Bankruptcy Judge of the Southern District of New York and then having served as a specialist in bankruptcy law at Angel & Frankel.
Lasry began his career investing in distressed securities in the late 1980s. Lasry left Angel & Frankel for a job as the director of the private debt department at R.D. Smith (now Smith Vasillou Management). It was there he first got involved in trade claims. One year later, he went on to serve as Co-Director of the Bankruptcy and Corporate reorganization Department at Cowen & Company. At Cowen & Company, Mr. Lasry recruited his sister Sonia Gardner to join the firm to assist in the trade claims department.
Media speculation says that Lasry will be the next ambassador to France with the announcement coming in the next few weeks, during April 2013. This is due largely to his fund raising for Democratic candidates including both Hillary Clinton and Barack Obama.
Personal life
Lasry is married to Cathy Lasry and has five children, one of whom now works in the White House.
Lasry is a competitive athlete, especially in basketball and tennis.{{cite web|last=Schwartz|first=Nelson|title=Hedge Fund Places Faith in Euro Zo
Source @ Wikipedia
Latest news about Marc Lasry
Marc Lasry active positions
| Companies | Position | Start |
|---|---|---|
Avenue Capital Management II LP
 Avenue Capital Management II LP Investment ManagersFinance Avenue Capital Management II LP (Avenue US) is a SEC-registered investment advisor and hedge fund manager headquartered in New York City. The firm was founded by Marc Lasry and Sonia Gardner in 2000. They are a subsidiary of Avenue Management Holdco LP, ultimately held by GL Management LLC. Avenue US provides investment advisory services to private investment funds. | Chief Executive Officer | 1999-12-31 |
BHG Acquisition Corp.
 BHG Acquisition Corp. Financial ConglomeratesFinance BHG Acquisition Corp. operates as a blank check company. It is formed for the purpose capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. The company was founded in February, 2008 and is headquartered in Greenwich, CT | Director/Board Member | - |
The John F. Kennedy Center for the Performing Arts
 The John F. Kennedy Center for the Performing Arts Movies/EntertainmentConsumer Services The John F. Kennedy Center for the Performing Arts is a performing arts center located in Washington, D.C. The center is home to the National Symphony Orchestra and the Washington National Opera. The center hosts a variety of events, including musicals, concerts, films, and dance performances. The CEO of the American company is Deborah F. Rutter. | Director/Board Member | - |
Avenue Capital Mortgage Reit, Inc.
 Avenue Capital Mortgage Reit, Inc. Real Estate Investment TrustsFinance Avenue Capital Mortgage Reit, Inc. is a newly organized Maryland corporation formed primarily to invest in finance and manage residential mortgage assets, including jumbo mortgage loans and RMBS, as well as other mortgage-related assets. It invests in diversified portfolio comprised of its target assets that, when financed and hedged according to the company's business plan, is expected to produce attractive risk-adjusted returns across a variety of economic conditions and market cycles. The company was founded on May 23, 2011 and is headquartered in New York, NY. | Chairman | 2011-07-06 |
Avenue Capital Management LLC (Private Equity)
 Avenue Capital Management LLC (Private Equity) Investment ManagersFinance Avenue Capital Management LLC (Avenue Capital Management) is a private equity firm founded in 1995 by Marc Lasry and Sonia E. Gardner. The firm is headquartered in New York. | Chief Executive Officer | 1994-12-31 |
Council on Foreign Relations, Inc.
 Council on Foreign Relations, Inc. Investment Trusts/Mutual FundsMiscellaneous Council on Foreign Relations, Inc. provides and disseminates ideas on foreign policies to individuals, corporate members, journalists and policy makers. It operates a forum for government officials, students and other interested parties to study and discuss world issues and impact on American foreign policies. The company publishes Foreign Affairs, a magazine that comes out six times a year, along with books and studies by its own scholars. Council on Foreign Relations was founded in 1921 and is headquartered in New York City, NY. | Corporate Officer/Principal | - |
Avenue Capital Group LLC
 Avenue Capital Group LLC Investment ManagersFinance Avenue Capital Group LLC engages in the provision of investing services. It specializes in distressed securities, bank debt, stressed high yield debt, event-driven situations, restructured and post re-organization equities, and trade claims. The company was founded by Marc Lasry and Sonia Gardner in 1995 and is headquartered in New York, NY. | Chief Executive Officer | 1994-12-31 |
Avenue England Ltd.
 Avenue England Ltd. Financial ConglomeratesFinance Part of Avenue GL Europe LLC, Avenue England Ltd. is an investment holding private company. The company is based in London, UK and was founded in 2006. | Director/Board Member | 2006-05-17 |
The Topps Co., Inc.
 The Topps Co., Inc. Recreational ProductsConsumer Durables The Topps Co., Inc. engages in the production and distribution of confectionery products, baseball cards, and other collectibles and toys. Its products include trading cards, memorabilia, wall art, entertainment products, and applications. The company was founded by Abram Shorin, Ira Shorin, Joseph Shorin, and Philip Shorin in 1938 and is headquartered in New York, NY. | Director/Board Member | - |
Former positions of Marc Lasry
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Training of Marc Lasry
| Clark University | Undergraduate Degree |
| New York Law School | Graduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 20 |
|---|---|
Mahwah Bergen Retail Group, Inc.
 Mahwah Bergen Retail Group, Inc. Apparel/Footwear RetailRetail Trade Mahwah Bergen Retail Group, Inc. engages in the retail of apparel for women, and tween girls. It operates through the following segments: Premium Fashion, Plus Fashion, and Kids Fashion. The Premium Fashion segment consists of products under Ann Taylor and LOFT brands. The Plus Fashion segment covers the products under Lane Bryant and Catherines brands. The Kids Fashion segment comprises of products under Justice brand. The company was founded by Elliot S. Jaffe and Roslyn S. Jaffe in 1962 and is headquartered in Mahwah, NJ. | Retail Trade |
The Topps Co., Inc.
The Topps Co., Inc. Recreational ProductsConsumer Durables The Topps Co., Inc. engages in the production and distribution of confectionery products, baseball cards, and other collectibles and toys. Its products include trading cards, memorabilia, wall art, entertainment products, and applications. The company was founded by Abram Shorin, Ira Shorin, Joseph Shorin, and Philip Shorin in 1938 and is headquartered in New York, NY. | Consumer Durables |
TER Holdings I, Inc.
 TER Holdings I, Inc. Hotels/Resorts/Cruise linesConsumer Services TER Holdings I, Inc. engages in the business of owning and operating casinos and resorts. The company was founded in 1995 and is headquartered in Atlantic City, NJ. | Consumer Services |
Cowen & Co. LLC
 Cowen & Co. LLC Investment Banks/BrokersFinance Cowen & Co. LLC is a SEC-registered broker/dealer headquartered in New York City. The firm was founded in 2004 and is a subsidiary of Cowen Holdings, Inc., ultimately owned by The Toronto-Dominion Bank (TSE: TD) in Canada. Cowen & Co. offers industry-focused investment banking for growth-oriented companies, domain knowledge-driven research and a sales and trading platform for institutional investors. Their institutional sales and trading business serves both equity and fixed-income clients. Sales and trading execution platform is structured around the following key verticals: (1) healthcare (2) technology, telecommunications and media (TMT) (3) REITs and financials (4) aerospace and defense (5) consumer and (6) alternative energy. | Finance |
The Weinstein Co. LLC
 The Weinstein Co. LLC Movies/EntertainmentConsumer Services The Weinstein Co. LLC operates as a multimedia production and distribution company. It offers film and television production services. The company was founded by Bob Weinstein and Harvey Weinstein on October 2005 and is headquartered in New York, NY. | Consumer Services |
The Weinstein Company Holdings LLC
 The Weinstein Company Holdings LLC Movies/EntertainmentConsumer Services The Weinstein Company Holdings LLC engages in video production services. The company is headquartered in New York, NY. | Consumer Services |
BHG Acquisition Corp.
BHG Acquisition Corp. Financial ConglomeratesFinance BHG Acquisition Corp. operates as a blank check company. It is formed for the purpose capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. The company was founded in February, 2008 and is headquartered in Greenwich, CT | Finance |
Avenue Capital Mortgage Reit, Inc.
Avenue Capital Mortgage Reit, Inc. Real Estate Investment TrustsFinance Avenue Capital Mortgage Reit, Inc. is a newly organized Maryland corporation formed primarily to invest in finance and manage residential mortgage assets, including jumbo mortgage loans and RMBS, as well as other mortgage-related assets. It invests in diversified portfolio comprised of its target assets that, when financed and hedged according to the company's business plan, is expected to produce attractive risk-adjusted returns across a variety of economic conditions and market cycles. The company was founded on May 23, 2011 and is headquartered in New York, NY. | Finance |
Avenue Capital Management II LP
Avenue Capital Management II LP Investment ManagersFinance Avenue Capital Management II LP (Avenue US) is a SEC-registered investment advisor and hedge fund manager headquartered in New York City. The firm was founded by Marc Lasry and Sonia Gardner in 2000. They are a subsidiary of Avenue Management Holdco LP, ultimately held by GL Management LLC. Avenue US provides investment advisory services to private investment funds. | Finance |
Roark Capital Group, Inc.
 Roark Capital Group, Inc. Investment ManagersFinance Roark Capital Group, Inc. (Roark Capital) is a private equity firm founded in 2001 by Neil K. Aronson. The firm is headquartered in Atlanta, Georgia with an office in New York. | Finance |
AMROC Investments LLC
 AMROC Investments LLC Investment ManagersFinance Founded in 1989 by Marc Lasry and Sonia Gardner, Amroc Investments LLC is an investment advisor located in New York City. | Finance |
Council on Foreign Relations, Inc.
Council on Foreign Relations, Inc. Investment Trusts/Mutual FundsMiscellaneous Council on Foreign Relations, Inc. provides and disseminates ideas on foreign policies to individuals, corporate members, journalists and policy makers. It operates a forum for government officials, students and other interested parties to study and discuss world issues and impact on American foreign policies. The company publishes Foreign Affairs, a magazine that comes out six times a year, along with books and studies by its own scholars. Council on Foreign Relations was founded in 1921 and is headquartered in New York City, NY. | Miscellaneous |
The John F. Kennedy Center for the Performing Arts
The John F. Kennedy Center for the Performing Arts Movies/EntertainmentConsumer Services The John F. Kennedy Center for the Performing Arts is a performing arts center located in Washington, D.C. The center is home to the National Symphony Orchestra and the Washington National Opera. The center hosts a variety of events, including musicals, concerts, films, and dance performances. The CEO of the American company is Deborah F. Rutter. | Consumer Services |
AgroFresh, Inc.
 AgroFresh, Inc. Chemicals: AgriculturalProcess Industries AgroFresh, Inc. manufactures fertilizers and agricultural chemicals for the horticulture market. It offers EthylBloc technology, which is used by the floral industry to maintain the freshness, quality, and beauty of fresh-cut flowers and potted and bedding plants, SmartFresh, a quality system for fruits and vegetables, and Invinsa crop stress protection, which works by binding to ethylene receptors and preventing the ethylene signal from triggering stress responses in field crops. The company was founded in 1999 and is headquartered in Collegeville, PA. | Process Industries |
| RD Smith & Co. | |
Avenue Capital Management LLC (Private Equity)
Avenue Capital Management LLC (Private Equity) Investment ManagersFinance Avenue Capital Management LLC (Avenue Capital Management) is a private equity firm founded in 1995 by Marc Lasry and Sonia E. Gardner. The firm is headquartered in New York. | Finance |
AgroFresh Solutions, Inc.
 AgroFresh Solutions, Inc. Agricultural Commodities/MillingProcess Industries AgroFresh Solutions, Inc. engages in the provision of food preservation and waste reduction solutions for fresh produce. Its products include SmartFreshTM, HarvistaTM, and FreshCloud. It operates through the following segments: AgroFresh Core and AgroFresh Fruit Protection. The AgroFresh Core produces preservation and waste reduction solutions for growers and packers. The AgroFresh Fruit Protection segment offers fungicides, disinfectants and coatings primarily focused on the citrus market. The company was founded on October 24, 2013 and is headquartered in Philadelphia, PA. | Process Industries |
Boulevard Acquisition Corp. II
 Boulevard Acquisition Corp. II Financial ConglomeratesFinance Boulevard Acquisition Corp. II is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on July 16, 2015 and is headquartered in New York, NY. | Finance |
Avenue Capital Group LLC
Avenue Capital Group LLC Investment ManagersFinance Avenue Capital Group LLC engages in the provision of investing services. It specializes in distressed securities, bank debt, stressed high yield debt, event-driven situations, restructured and post re-organization equities, and trade claims. The company was founded by Marc Lasry and Sonia Gardner in 1995 and is headquartered in New York, NY. | Finance |
Avenue England Ltd.
Avenue England Ltd. Financial ConglomeratesFinance Part of Avenue GL Europe LLC, Avenue England Ltd. is an investment holding private company. The company is based in London, UK and was founded in 2006. | Finance |
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