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Verbatim, from the transcripts: the passages where Avenue Capital Group comes up

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Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315) May 15, 2023 · 20 mentions

  • ▶ 4:06 Ted Seides My guest on today's show is Mark Lasry, the chairman, CEO, and co-founder of Avenue Capital Group, a global investment firm focused on distressed debt that he started in 1995 with his sister, Sonia Gardner. 3 times in the scene
  • ▶ 5:53 Ted Seides There are aspects of Avenue with your sister that have always been family business.
  • ▶ 15:11 Ted Seides Before we dive into you guys starting on your own and what eventually became Avenue, what was the family tree of that Bass organization down the road?
  • ▶ 16:14 Marc Lasry But we doubled the money every year for about five years, and that's how we started Avenue. 5 times in the scene
  • ▶ 22:55 Ted Seides Before the financial crisis, you sold a piece of Avenue in one of the first minority stake deals.
  • ▶ 28:16 Ted Seides And the first aspect of that is when you bought the team, what was the reaction of your investors at Avenue?
  • ▶ 34:59 Ted Seides So now that whatever that distraction may or may not have been as in the past, what does Avenue look like today?
  • ▶ 35:05 Marc Lasry Avenue looks the same, I think, than it did five, 10 years ago. 6 times in the scene
  • ▶ 43:34 Marc Lasry When we started Europe, we hired the head of Europe at one of the largest firms to come over to Avenue, and he built out the team.
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