avenue capital group

Anything but bitcoin. The cryptocurrency got little love at CNBC’s Delivering Alpha conference Tuesday, with JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon calling it “fraudulent” and Saba Capital Management CIO Boaz Weinstein attributing its rise to nothing beyond FOMO....

One of the best distressed debt investors, Marc Lasry, co-founder and chief executive officer of Avenue Capital Group and the co-owner of the NBA's Milwaukee Bucks, was a guest on this week's edition of Wall Street Week. In the interview, Lasry talked about how he approaches distressed...

With the recent declines in crude oil pushing below $50 and wiping all the gains it made during the second quarter, investors and traders are confused over the potential future moves of oil prices by year end. However, according to one of the best distressed debt investors, investors do not need to...

Top Stories Milwaukee Bucks Sold To Hedge Fund Managers For $550 Million The Bucks finished the season with the NBA's worst record (15-67), the team's ninth season in the last 10 years with a sub-.500 record. Enter Marc Lasry and Wesley Edens. Lasry is the chairman and CEO of the Avenue Capital...

Chairman and CEO of Avenue Capital Group, Marc Lasry was just interviewed by David Faber of CNBC. The Co-Founder of Avenue Capital Group, a hedge fund worth more than $20 billion, had this to say about global credit markets, “There’s been a lot less liquidity…which is a positive for us because you...