Avenue Capital Group was founded in 1995 by Marc Lasry and Sonia Gardner. Pioneers in the distressed debt market, Mr. Lasry and Ms. Gardner have successfully invested in the public and private debt and equity securities of distressed companies across a variety of industries for over two decades.
Headquartered in New York, with four offices across Europe and an additional five offices throughout Asia, the firm manages assets estimated to be approximately $9.6 billion as of August 31, 2017. Avenue draws on the skills and experience of approximately 180 employees and its Senior Principals, Marc Lasry and Sonia Gardner, who have spent virtually their entire careers in the field of distressed investments.