Marc Lasry

Marc Lasry

Marc Lasry established his namesake family office after stepping down from Avenue Capital Group, the $12B distressed-debt hedge fund he co-founded in 1995 and led for 25 years. Lasry built his wealth and reputation as a distressed-debt specialist through Avenue, which became one of the largest credit-focused hedge funds globally. The family office operates out of New York. The firm invests across a broad range of asset classes, including distressed & turnaround, private equity, private credit, secondaries & special situations, and hedge funds. Direct co-investments and SPVs are a core structure. Sector focus includes Energy Transition & Renewables, Sports & Wellness, InsurTech, and Distressed & Turnaround. Confirmed portfolio holdings include the Milwaukee Bucks — Lasry was a part-owner until selling his stake in 2023 (per ESPN, 2023) — and he has backed sports-adjacent ventures. Geographically, the firm targets North America, Europe, and Asia, with a particular emphasis on opportunities in the energy transition and distressed assets across those regions. The office is lean, with no disclosed team size or additional offices. In 2023, Lasry was involved in a bid to acquire the Washington Commanders NFL franchise, though that deal did not materialize (per The Wall Street Journal, 2023). His role as a minority owner of the Milwaukee Bucks through 2023 reflects a consistent interest in sports franchises as an asset class. Beyond sports, Lasry has invested in insurance technology and renewable energy infrastructure through direct deals. What distinguishes Marc Lasry's family office is its direct lineage from one of the most prominent distressed-debt hedge fund managers of the past three decades. Lasry's deep expertise in distressed situations and his network from Avenue Capital give his family office a sourcing advantage in complex, non-consensus deals — particularly in private credit and special situations, where his reputation for operational turnaround and legal restructuring is well-known. The firm operates as a single-family office, allowing Lasry to make long-duration, illiquid bets without external fund constraints.