Marc Lasry has a gift for raising money. The co-founder and managing partner of New Yorkbased investment firm Avenue Capital Group and his wife, Cathy, frequently host fundraisers for the Democratic National Committee in their tony, 12,000-square-foot town house on the Upper East Side of Manhattan.
Old World Value
Marc Lasry founded Avenue Capital with his sister Sonia Gardner in 1995 to invest in good companies with bad balance sheets. A decade and $12 billion later, his firm is among the world’s biggest -- and most global -- distressed investors.
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