Marc Lasry

**Marc Lasry**

**Definition:**
Marc Lasry is an American billionaire hedge fund manager and co-founder of Avenue Capital Group, known for his expertise in distressed debt investing and his involvement in professional sports ownership.

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**Marc Lasry**

Marc Lasry (born September 26, 1959) is an American businessman and hedge fund manager. He co-founded Avenue Capital Group, a firm specializing in distressed debt and value investing. Lasry is also recognized for his role as a co-owner of the NBA team Milwaukee Bucks.

### Early Life and Education
Marc Lasry was born into a Moroccan Jewish family and raised in the United States. He earned a Bachelor of Business Administration from the University of Pennsylvania’s Wharton School and later obtained an MBA from New York University’s Stern School of Business.

### Career
Lasry began his career in finance working at various investment firms before founding Avenue Capital Group in 1995 with his sister Sonia Gardner. The firm focuses on investing in distressed companies and assets, managing billions in assets globally. Under his leadership, Avenue Capital has become a prominent player in the hedge fund industry.

### Sports Ownership
In 2014, Lasry became a co-owner of the Milwaukee Bucks, contributing to the team’s growth and success, including their 2021 NBA Championship win.

### Philanthropy
Lasry is involved in various philanthropic efforts, supporting education, healthcare, and Jewish community organizations.

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**Meta Description:**
Marc Lasry is an American hedge fund manager and co-founder of Avenue Capital Group, known for his expertise in distressed debt and co-ownership of the Milwaukee Bucks.