Avenue Capital Marc Lasry And Drew Hawkins

Marc Lasry On His Best Investment Ever: Ford Bank Debt

After years of outperformance during the great recession, distressed debt investing has cooled off for most of the last year with positive but nearly flat returns as an industry for the last ten months. That’s to be expected for an anti-cyclic strategy that has more opportunities to choose from when companies are struggling, but investors risk appetite has also created a challenge for fund managers, explains Marc Lasry, chairman and co-founder of Avenue Capital Group, in exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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