PE
PE Firm Index
Public-Source Directory
PE Firm · Capital Allocator

Avenue Capital Group

Medium
New York City, USA · Founded 1995 · AUM $12.6 billion · Website
Distressed DebtPrivate Equity Special SituationsLong-Short EquityReal Estate InvestingCollateralized Debt ObligationsImpact InvestingDistressed SecuritiesReal EstateEnergySportsAviationFinancial ServicesUnited StatesEuropeAsia
Last verified
10/15/2026

Firm Overview

0
Portfolio tracked
6
Sectors
3
Regions
10/15/2026
Last verified

Avenue Capital Group is an American multinational investment firm focusing on distressed securities and private equity opportunities across the United States, Europe, and Asia.

Founded in 1995 by siblings Marc Lasry and Sonia Gardner, Avenue Capital Group is a prominent investment firm that operates both as a private equity firm and a hedge fund. The firm's core strategy centers on distressed debt and equity securities, identifying sustainable businesses with distressed financial situations, often referred to as good companies with bad balance sheets.

Headquartered in New York City, the firm has a significant global footprint with offices in major financial hubs including London, Beijing, and Hong Kong. Avenue has expanded its specialized investment reach over the decades, launching dedicated funds for real estate, energy opportunities, and most recently, a sports fund focused on U.S. and European teams and leagues.

The firm gained additional public recognition when Chelsea Clinton worked as an associate there from 2006 to 2009. Avenue is also known for its involvement in social responsibility, supporting organizations like HerJustice and participating in impact investing initiatives. In 2006, Morgan Stanley acquired a 15% non-controlling stake in the firm, with the founders reinvesting the proceeds back into Avenue's funds.

Founded1995
HeadquartersNew York City, USA
AUM$12.6 billion
Employees220
StrategiesDistressed Debt, Private Equity Special Situations, Long-Short Equity, Real Estate Investing, Collateralized Debt Obligations, Impact Investing
Sector focusDistressed Securities, Real Estate, Energy, Sports, Aviation, Financial Services
Geographic focusUnited States, Europe, Asia

Leadership

Marc Lasry
Co-Founder
Co-founder of Avenue Capital Group and former professional at Amroc Investments.
Sonia Gardner
Co-Founder and President
Co-founder and President of Avenue Capital Group who previously co-founded Amroc Investments.
Rich Furst
Senior Portfolio Manager
Senior portfolio manager who launched Avenue's European-focused distressed business in 2004.

Notable Investments

Castlehaven FinanceSpiceJetAvenue Sports FundAvenue Energy Opportunities FundAmroc Investments

Historical and current deals referenced in public sources.

Portfolio Companies

Portfolio not yet mapped for Avenue Capital Group.

We couldn't find a public portfolio page on the firm's website. Operators and representatives are welcome to submit the official list.

Submit Update

Portfolio Web Readiness

Not yet assessed

The assessment covers whether AI crawlers and search engines can reach and parse the public site, page performance, transport and security hygiene, and discoverability.

Observational measurements of these companies' public websites only. Not a rating of the companies, their performance, their management, or their investment merit. Not investment advice. Request a correction or removal via Submit Update.

Sources

This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Avenue Capital Group and does not provide investment advice.

More PE firms in Distressed Securities

Highbridge Capital Management
New York City, United States
EnergyAgriculture
Brookfield Asset Management
New York City, United States
Real EstateInfrastructure
Colony Capital
Boca Raton, United States
Digital InfrastructureReal Estate
Goldman Sachs Alternatives
New York City, United States
Private EquityPrivate Credit
Affinity Equity Partners
Hong Kong, China
ConsumerRetail
DLJ Merchant Banking Partners
New York City, United States
RetailMedia
Five Arrows Principal Investments
Paris, France
Financial ServicesHealthcare
Société Générale Capital Partenaires
Paris, France
Financial ServicesConsumer Lending

Browse the full PE firms directory.