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Avenue Raises Funds for European and Energy Funds

A number of funds raise money for distressed-debt opportunities. Meanwhile, Avenue founder Lasry gets an arena for his Bucks.

       Marc Lasry of Avenue Capital (Bloomberg) Marc Lasry is on a fundraising binge. His New York-based hedge fund firm, Avenue Capital, is currently passing the hat for a new fund that will invest in Europe. It has completed its first close on $1.1 billion and hopes to eventually raise as much as 2.5

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