Date updated:06-03-2007
NY Times article on Avenue Capital

Marc Lasry is one of the pioneers of the distressed securities market, which has been the exclusive focus of his professional career. Marc is a Founder and Managing Partner of Avenue Capital Group, the distressed fund manager with assets totaling over $5 billion.
He is also the Founder and Senior Managing Director of Amroc, one of the largest broker/dealers of distressed securities. Prior to operating Amroc as an independent entity, Marc and Amroc were affiliated with Acadia Partners L.P., an investment partnership whose general partners include Keystone, Inc. (an investment partnership firm that was affiliated with the Robert M. Bass Group), American Express Company, and the Equitable Life Assurance Society of America.

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