Last Updated: 23 Sep, 2023 | Views: 352
Age: 65
Profession: CEO
Other Profession(s): Business Men, Investor, Hedge Fund Manager
Famous For: CEO of Avenue Capital Group
Higher Education: Clark University (BA), New York Law School (JD)
Net Worth: $2.1 Billion
About (Profile/Biography):
Marc Lasry was born September 23, 1959 in Marrakesh, Morocco. Marc Lasry's father, Moise, was a computer programmer, and his mother, Elise, was a schoolteacher. Marc Lasry grew up in West Hartford, Connecticut, and completed degree in B.A. in history from Clark University in 1981 and a J.D. from New York Law School in 1984. Marc Lasry worked as a clerk of the Chief Bankruptcy Judge of Southern District of New York.
Marc Lasry Career:
Marc Lasry Work In the Bankruptcy branch of The Law firm Angel & Frankel:
• Marc Lasry took a position in the bankruptcy branch of the law firm Angel & Frankel.
• Marc Lasry founded Amroc Investments in 1989 and Avenue Capital Group in 1995.
Marc Lasry, Director of the Private Debt Department:
• Marc Lasry start work as Director of the Private Debt Department at the investment firm R. D. Smith and Smith Vasillou Management.
• It is where Marc Lasry first got involved in trade claims.
Marc Lasry Work in Cowen & Company:
• Marc Lasry then became co-director of the Bankruptcy and Corporate Reorganization Department at Cowen & Company.
• Marc Lasry left Cowen & Company and joined the Robert M. Bass Group. He focused on distressed security investments.
Marc Lasry Took Control of Trump Entertainment Resorts:
• Marc Lasry also took control of Trump Entertainment Resorts as it went through the third bankruptcy.
• Marc Lasry and Donald Trump announced plans to establish an online gambling venture if and when the United States legalizes such betting.
Marc Lasry, Co-owner of the NBA's Milwaukee Bucks:
• Marc Lasry become co-owner of the NBA's Milwaukee Bucks after buying the team from Herb Kohl for $550 million with Wes Edens.
• The team became one of three NBA teams to openly state they are not staying at Trump-branded hotels when on the road.
Marc Lasry Unknown Facts:
• Contributed support to the University of Pennsylvania: Marc Lasry and his wife supported the University of Pennsylvania and co-chaired with Penn Parent Leadership Committee.
• Marc Lasry Work For Portfolios with Purpose: Lasry participated in "Portfolios with Purpose," an yearly stock selection contest in which participants pick portfolios for their favorite charities.