People in Common Orgs
People with positions in the same orgs as Marc Lasry
Bankruptcy specialist reportedly held meetings with Bear Stearns when its hedge funds were on verge of collapse last year; rescue proposal eventually dropped. Born in Morocco, attended Clark U., then New York Law School. Ran bankruptcy operations at Cowen & Co.; approached by Robert Bass, agreed to manage small sum of money. With sister Sonia Gardner founded distressed debt brokerage Amroc Investments 1989; 6 years later siblings founded hedge fund Avenue Capital. Sold 15% stake to Morgan Stanley for $275 million in 2006. Today firm manages $22 billion.