|Born||1960/1961 (age 53–54)
|Residence||New York, New York|
New York Law School
|Occupation||Private equity investor, Hedge fund manager|
|Known for||Co-founder of Avenue Capital Group|
|Net worth|| US $ 1.7 billion
Early life and education
Lasry was born in Marrakech to a family of Moroccan Jews. At the age of seven, his family immigrated to the U.S. His father was a computer programmer and his mother a schoolteacher. Lasry grew up in West Hartford, Connecticut and received a B.A. in history from Clark University in 1981 and a J.D. from New York Law School in 1984. While in law school, he worked as a clerk for the Chief Bankruptcy Judge of the Southern District of New York, Edward Ryan.
Lasry took a position in the bankruptcy branch of the law firm Angel & Frankel. A year later he became the director of the private debt department at the investment firm R.D. Smith. Unhappy with his $10,000 bonus for generating $25 million in revenues he took a position as Co-Director of the Bankruptcy and Corporate reorganization Department at Cowen & Company. At Cowen & Company, Lasry recruited his sister Sonia Gardner, also an attorney, to assist in the company's trade claims department. Lasry left Cowen & Company and joined the Robert M. Bass Group to manage distressed security investments.
In 1989, Lasry and his sister founded the firm Amroc Investments with a $100 million in seed money from various investors. The company purchased both trade claims and bank debt held by vendors of bankrupt companies. In 1995, Lasry and Gardner took $7 million of their own capital and founded the Avenue Capital Group hedge fund which managed up to $11 billion in assets.
In 2013, Marc Lasry was offered the position of U.S. ambassador to France but declined for business reasons. In 2014 Forbes listed Lasry as one of the 25 Highest-Earning hedge fund managers in 2013 with earnings of $280 million. In April 2014, Lasry became co-owner of the NBA's Milwaukee Bucks after purchasing it from Herb Kohl for $550 million. 
Lasry is married to Cathy Cohen and has five children. His son, Alexander, worked for White House Senior Adviser Valerie Jarrett and his daughter, Samantha, was a staffer for congressman Rahm Emanuel.
In 2004, Lasry and his wife contribute support to the University of Pennsylvania and co-chair the Penn Parent Leadership Committee. In 2005 they donated $5 million to Clark University for the construction of the “Lasry Center for Bioscience”.
- Forbes: the World's Billionaires: Mark Lasry March 2014
- Wee, Gillian (Feb 15, 2012). "Lasry Sees Europe Bankruptcy Bonanza as Bad Debts Obscure Assets". Bloomberg. Retrieved 9 May 2013.
- Tablet Magazine: "The Next Owner of ‘Newsweek’ Will Be Jewish – A plea against one of the candidates" By Marc Tracy July 30, 2010
- Bloomberg: "Lasry Sees Europe Bankruptcy Bonanza as Bad Debts Obscure Assets" February 14, 2012
- Ahuja, Maneet. The alpha masters unlocking the genius of the world's top hedge funds. Hoboken, N.J.+: Wiley. p. 79. ISBN 1118167570.
- New York Law School alumni Bulletin: "Spotlight Luncheon: A Conversation with Marc Lasry '84" retrieved June 18, 2013
- Ahuja, Maneet. The alpha masters : unlocking the genius of the world's top hedge funds. Hoboken, N.J.: Wiley. pp. 79–81. ISBN 1118065522.
- Tausche, Kayla (26 April 2013). "Why Lasry Said 'Non Merci". Retrieved 18 June 2013.
- Vardi, Nathan (Feb 26, 2014), "The 25 Highest-Earning Hedge Fund Managers And Traders", Forbes
- NBA owners approve sale of Bucks to Edens, Lasry
- MacIntosh, Jeane (April 27, 2013). "Flushed diplo pick tight with Bill & Bam". New York Post. Retrieved May 22, 2014.
- Kazan, Dan. "The Lasry Family Professorship in Race Relations". Left Justified.
- "Clark University names new biosciences center". Boston Business Journal. Retrieved 20 May 2013.
- Spector, Mike (March 27, 2010). "Avenue Capital's Investor in Chief". The Wall Street Journal. Retrieved March 28, 2010.
- Schwartz, Nelson. "Hedge Fund Places Faith in Euro Zone". The New York Times.
- Wachtel, Katya (15 March 2013). "If fund manager Lasry gets ambassador nod, investors likely to stay". Reuters. Reuters. Retrieved 20 May 2013.
- A World Where Down Means Up. New York Times, August 19, 2005
- Bank Buys Into Fund. Reuters, October 31, 2006
- Avenue Capital’s Marc Lasry Is In Therapy Over Depressed Asset Prices. The Deal Sleuth
- Avenue Capital's Marc Lasry: Hedge Fund Shakeout Will Continue. Seeking Alpha, February 22, 2009
- Lasry Thinking Big For New Avenue Fund. HedgeFund.net, February 12, 2010