Avenue Capital Marc Lasry And Drew Hawkins

Marc Lasry Owns GM, MX, CIT Sells THC, SPB, NAV

Marc Lasry is perhaps one of the most conservative investors I have come around. His hedge fund of nearly $300 million (IN STATED ASSETS), as per the latest SEC 13F filing, has close to 50% invested in one stock. To be precise, Marc Lasry has invested 48.12% of his fund in Magnachip Semiconductor Corp (NYSE:MX), a company operating in the technology sector, albeit, with a specialization in Semiconductor design manufacture and wholesale of the same.

The New York based fund purchased one new stock during the second . . .

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