Avenue Capital Group
Avenue Capital Group is a global investment manager specializing in distressed debt investing with over $13 billion in assets under management. Founded in 1995, Avenue was founded by Marc Lasry and Sonia Gardner, and has grown to be one of the largest distressed debt investors globally. The firm is primarily focused on specialty lending, opportunistic credit and other special situations investments across the United States, Europe, and Asia. Avenue’s team of over 60 investment professionals has deployed approximately $100 billion in investments across a variety of industries, regions and market cycles with an eye toward value creation and capital conservation.
ABOUT AVENUE CAPITAL GROUP
Avenue seeks to achieve attractive risk-adjusted returns primarily by focusing on specialty lending, dislocated liquid credit, stressed/distressed debt and undervalued equity of U.S. assets and companies.
The firm is headquartered in New York, and has offices in Dublin, London, Luxembourg, Hong Kong, Mumbai, Singapore, Sydney, Abu Dhabi, and Silicon Valley.
In 2023, Avenue established a sports investment fund to provide capital to sports leagues and teams in North America and Europe.
The fund also plans to supply financial solutions to sports teams, owners, and leagues and invest in sports media, entertainment rights, real estate, and associated ventures.
AVENUE STRATEGIES
U.S. Strategy.
Seeks to achieve attractive risk-adjusted returns primarily by focusing on specialty lending, dislocated liquid credit, stressed/distressed debt and undervalued equity of U.S. assets and companies.
Europe Strategy.
Focused primarily on providing senior secured, asset-backed loans to borrowers in Northern Europe. Seeks to achieve attractive risk-adjusted returns while maintaining a strong focus on downside protection and capital preservation.
Asia Strategy.
Focuses on opportunistic credit and special situations opportunities in Asia Pacific with a particular focus on developed (Australia, Hong Kong, Singapore, South Korea and Japan) and developing (India, China and Southeast Asia) markets.
Sports Strategy.
Seeks to make debt, preferred equity and common equity investments in sports leagues, teams and sports-related adjacent businesses predominantly in the United States and Europe.
Sustainable Solutions Strategy.
Seeks credit-oriented investments primarily in private, middle-market companies and related projects that may advance select social and environmental impact themes while generating attractive risk-adjusted returns and current income.
Venture Debt Strategy.
Seeks to provide creative financing solutions to high-growth, venture capital-backed technology and life science companies. The strategy will generally focus on companies within the underserved segment of the market.