Best Hedge Funds in 2012
We are do-it-yourself investors. Our favorite hedge funds are the ones that have outstanding long stock picks because we like to imitate these hedge fund managers and don’t want to pay the customary...
Hedge Fund - Avenue Capital
Marc Lasry Bio, Returns, Net Worth
Avenue Capital Group is a New York -based multi-strategy hedge fund founded by Marc Lasry and Sonia E. Gardner. Avenue Capital has approximately $13.0 billion AUM as of May 31, 2011. The fund focuses on distressed and undervalued debt and equity opportunities in the U.S., Asia and Europe. Lasry received his B.A in history from Clark University and a J.D. from New York Law School. Lasry is also one of the highest paid hedge fund managers in 2010.
Fund Profile
Showing:
| Fund Name: | Avenue Capital |
| Manager | Marc Lasry |
| Portfolio Value | $483,614,000 |
| Change This QTR | +1.07% |
Top Holdings
Showing:
Sorted by:
| No. | Security | Ticker | Shares | Value (x$1000) | Activity | % Port |
|---|---|---|---|---|---|---|
| 1.) | Magnachip Semiconductor Corp |
20,233,578 | $151,348 |  |
31.29% | |
| 2.) | GM | 3,336,200 | $67,624 | +13% |
13.98% | |
| 3.) | CIT | 1,798,780 | $62,723 | |
12.96% | |
| 4.) | C | 1,218,429 | $32,057 | |
6.62% | |
| 5.) | THC | 5,565,526 | $28,552 | |
5.9% | |
| 6.) | SPB | 979,395 | $26,835 | |
5.54% | |
| 7.) | General Motors Co |
2,148,107 | $25,198 | +5% |
5.21% | |
| 8.) | LEA | 620,228 | $24,685 | |
5.1% | |
| 9.) | General Motors Co |
2,648,107 | $20,708 | +4% |
4.28% | |
| 10.) | CETV | 29,841,000 | $16,101 | |
3.32% | |
| 11.) | TRW | 417,223 | $13,602 | |
2.81% | |
| 12.) | NAV | 177,917 | $6,740 | |
1.39% | |
| 13.) | VRS | 2,879,424 | $2,764 | -0% |
0.57% | |
| 14.) | YRCW | 244,681 | $2,440 |  |
0.5% | |
| 15.) | CTC | 6,126,234 | $1,838 | |
0.38% | |
| 16.) | CHMT | 35,199 | $399 | |
0.08% | |
| 17.) | DAL | 0 | $0 |  |
0% | |
| 18.) | DRYS | 0 | $0 | |
0% | |
| 19.) | YRCW | 0 | $0 | |
0% | |
| 20.) | CETV | 0 | $0 | |
0% |
News, Interviews and Investor Letters
Hedge Fund News: Falcone & LightSquared, Hedge Funds Buy Banks, Insider Trading Cases…
Hedge fund manager Philip Falcone is ruling out a bankruptcy filing for his telecom startup LightSquared Inc, one day after U.S. regulators said they planned to revoke approval for the company to build...
Hedge Funds Q4 Moves And Hedge Fund News: Paulson, Soros, Cohen, Einhorn…
Billionaire John Paulson, who controls an 8.4 percent stake in Hartford Financial Services Group Inc. (HIG), filed a document with regulators so he can approach other investors about his plan to break...
Mudd Steps Down From Fortress, Soros’ Warning, Hedge Funds And Greece…
Several high-profile hedge fund managers are preparing to strike out on their own this year, supported by strong followings and unfazed by a year of poor industry performance that has shaken investor...
Bill Ackman, Phil Falcone’s LightSquared, Hedge Funds and Greece
Canadian Pacific Railway Ltd (CP) said William Ackman's hedge fund Pershing Square Capital Management has asked to elect five of its nominees to the company's board as the proxy battle between the company...
Marc Lasry’s Avenue Capital Raises $2.1 Billion for New Fund
"The firm has raised $2.1 billion for its Europe Special Situations Fund II as of its fourth closing, on Dec. 22," reports FINAlternatives. "Avenue said the fund will seek to profit from opportunities...
Quiznos Close to Deal with Lasry’s Avenue Capital
Sandwich chain Quiznos is in danger of bankruptcy reports the Wall Street Journal. If the company does not find a way to restructure its $870 million debt load, Quiznos will be forced to file for Chapter...
Yahoo Splits Off Asian Asset, Marc Lasry May Buy Quiznos, Mudd Leaves Fortress
Yahoo Inc. is considering a plan to unload most of its prized Asian assets in a complex deal valued at roughly $17 billion, sources familiar with the matter said on Wednesday, winning nods of approval...
Insider Trading: Philip Falcone’s Harbinger Capital Partners Bought 2,203 Shares In $SPB
Philip Falcone’s Harbinger Capital Partners reported yesterday for its insider transaction in Spectrum Brands Holdings, Inc. (SPB). The firm bought 2,203 shares in SPB on December 13th, at $26.69 per...
Marc Lasry: This Is The Right Time To Invest In Europe
Marc Lasry, CEO and cofounder of Avenue Capital Group, spoke on CNBC about his suggestions in investing in European market. “I think one of the things that you can do is you can sort of invest -- this...
Hedge Funds Lose After General Motors $GM Shares Tumble
General Motors (GM) share prices fell more than 11% on Wednesday after the company posted a lower third quarter profit than expected after losses in Europe, reports Reuters. The disappointing report moved...
Hedge Funds Make a Bundle on Dynegy $DYN
Dynegy Inc (DYN) shares shot up 26.10% in trading on Tuesday. The increase came after reports that "Dynegy Inc.'s holding company filed for Chapter 11 bankruptcy protection in a way that could cause...
These Hedge Fund Managers Still Love Obama
President Barack Obama may have his opponents but there are several hedge fund managers that still love him. These hedge fund managers contributed at least $50,000 to the President's re-election campaign...
Marc Lasry’s Avenue Capital and Donald Trump Ante Up to Online Gaming
Poker may not be the first thing that comes to mind when thinking of Donald Trump or Marc Lasry's Avenue Capital Group, but, if the pair are successful, it soon may be, according to Bloomberg. Trump and...
Top Airline Stocks for 2011
Tourism industry had an upbeat outlook for 2011. Most of the travel agencies and vehicle rental companies expected a recovery in travel where the economy is coming out of the worst recession since WW...
