Transcript
Introduction
Patrick
My guest this week is Marc Lasry. Marc is a pioneer of distressed debt investing and the CEO of Avenue Capital Group, which he cofounded with his sister in 1995. Avenue manages $13 billion today. More recently, Marc and Avenue have become active investors in sports. He owned the Milwaukee Bucks when they won the NBA Championship in 2021 and has since made investments in sports as diverse as sailing and bull riding.
In our discussion, we talked about his journey building a big investing firm, the evolution of distressed investing and the opportunities in sports today. Marc shared some great stories throughout about traveling with President Clinton, winning the NBA Championship and raising his first fund. Please enjoy this great conversation with Marc Lasry.
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