Avenue Capital Group is a global investment firm that was founded in 1995 by its Senior Principals, Marc Lasry and Sonia Gardner. The firm's primary focus is investing in distressed debt and other special situations investments in the United States, Europe and Asia. The Senior Principals and the Senior Portfolio Managers have spent virtually their entire careers in this investment strategy.
Headquartered in New York, with three offices across Europe, five offices throughout Asia, an office in Silicon Valley and an office in Abu Dhabi, the firm manages assets estimated to be approximately $11.7 billion as of August 31, 2021. Avenue draws on the skills and experience of over 170 employees worldwide and maintains a well-developed infrastructure with dedicated Accounting, Operations, Legal, Risk Management, Compliance, Business Development and Information Technology Departments.