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ATLANTIC FAMILY WEALTH, LLC
Marc Lasry runs Atlantic Family Wealth as his personal single-family office, investing in private equity, real estate, and credit.
ATLANTIC FAMILY WEALTH, LLC
Atlantic Family Wealth, LLC was established in 1995 by Marc Lasry, reflecting the wealth he accumulated as co-founder of the distressed-debt hedge fund Avenue Capital Group. Lasry stepped down from Avenue in 2023 to focus on this family office structure. The firm operates out of New York City. The family office invests across private equity, real estate, credit, and direct investing — often targeting opportunistic or distressed assets. Lasry’s track record at Avenue, which managed over $12B at its peak, gives Atlantic Family Wealth access to deal flow sourced from Lasry’s extensive network. Known positions have included investments in real estate developments and credit funds. Atlantic Family Wealth maintains a lean team relative to its investment scope, with Lasry as the primary decision-maker. The office has historically co-invested alongside Avenue Capital vehicles. In May 2024, Lasry sold a minority stake in his NBA franchise, the Milwaukee Bucks, generating liquidity for deployment. A structural differentiator is the firm’s direct link to Lasry’s personal brand and network — built over three decades in distressed debt — giving it proprietary deal flow in special situations. The office operates without external LPs, allowing swift, conviction-based capital deployment.
General information
Firm type
Single Family Office
Year founded
1995
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Marc Lasry
Founder and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Atlantic Family Wealth?
Founder Marc Lasry is the primary decision-maker. He co-founded Avenue Capital Group and managed it for nearly 30 years before stepping down in 2023 to focus on the family office (per Bloomberg, 2023).
How does Atlantic Family Wealth source proprietary deal flow?
Lasry leverages his network from Avenue Capital Group, relationships in distressed debt, and his ownership stake in the Milwaukee Bucks for deal origination. The office also co-invests with Avenue Capital vehicles.
Is Atlantic Family Wealth a single family office or a multi-family office?
It operates as a single-family office managing the wealth of Marc Lasry and his family, rather than accepting external capital.
What investment stages does Atlantic Family Wealth typically target?
The office focuses on direct investments and co-investments in private equity, real estate, and credit, often in distressed or opportunistic situations — mirroring Lasry's hedge fund roots.
Which sectors does Atlantic Family Wealth explicitly avoid?
No public disclosure of avoidance has been made. The firm is known to focus on asset-based, distressed, and special situations, and is unlikely to pursue early-stage venture capital given its credit/debt heritage.
Does Atlantic Family Wealth maintain philanthropic structures?
Marc Lasry and his family maintain separate philanthropic vehicles, including the Lasry Foundation, which is distinct from the investment operations of Atlantic Family Wealth.
What is Atlantic Family Wealth's known posture on co-investments alongside external GPs?
The office co-invests alongside Avenue Capital funds and other external GPs in special-situation and distressed-debt deals, taking advantage of Lasry's expertise in those areas.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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