Marc Lasry

Marc Lasry, CEO of Avenue Capital Group and owner of the Milwaukee Bucks, shares insights from his illustrious career in distressed debt and sports investments. He recounts his journey of building a $13 billion firm and reflects on the evolution of distressed investing. Lasry discusses the nuances of sports franchise ownership, highlighting economic impacts and emerging opportunities in recreational sports. He also emphasizes the importance of mentorship, trust in investment teams, and the potential growth in women’s sports.

Marc Lasry, billionaire investor and CEO of Avenue Capital, chats about his unique approach to sports investments, particularly in women's leagues, revealing his successful strategies. As Los Angeles grapples with devastating wildfires, local sports teams have teamed up with Fanatics to sell 'LA Strong' t-shirts to support recovery efforts. Contessa Brewer shares insights from the ground, adding depth to the discussion. The podcast also touches on tech changes and the evolving landscape of international sports investments.

In this conversation, Marc Lasry, Chairman and CEO of Avenue Capital Group and part-owner of the Milwaukee Bucks, shares his remarkable journey from Morocco to the world of distressed debt investing. He delves into pivotal moments in Avenue's history, including strategic decisions in tumultuous times. Lasry discusses the shifting landscape of private credit, geographical investment nuances, and the thrill of opportunities in sports and real estate. The talk wraps up with insights on political involvement and how chess and poker inform strategic thinking.