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Avenue Capital founder Marc Lasry is suing his former employee Gina Strum in New York state court. The lawsuit alleges that Strum was demanding $50 million from Lasry or she threatened to make ...
The suit says Strum was employed by Avenue Capital from 2009 to 2013 but worked as a consultant on occasion in the years that followed. Strum’s LinkedIn lists her employment with Avenue Capital ...
[23] [24] The following month Lasry announced a women's sports investment fund, Avenue Sports Fund, at SALT's New York iConnections conference. [25] The fund is an investor in The Bay Golf Club of the TGL [ 26 ] alongside Stephen Curry , Andre Iguodala , and Klay Thompson .
In 2014, Avenue Capital Group raised over $68,000 for HerJustice, a New York-based organisation devoted to ending domestic violence. [18] Avenue Capital Group served as a sponsor in 2010 and 2011 and, in July 2012 Avenue's President, Sonia Gardner , hosted a breakfast on inMotion's behalf to encourage other firms to participate.
Gardner and her brother formed Avenue Capital Group in 1995. [11] [12] In 2008, Gardner was the recipient of the 100 Women in Hedge Funds’ 2008 Industry Leadership Award. [4] In 2010 and 2011, The Hedge Fund Journal included her in their list of the Top 50 Women in Hedge Funds. [13]
Marc Lasry – Co-founder, Avenue Capital Group Earlier this year a person familiar confirmed to Bloomberg that Lasry would be supporting Harris. Lasry reportedly hosted an event for Harris at his ...
In August 2023, Saba worked with Pershing Square Capital Management and Avenue Capital Group in an attempt to acquire Sculptor Capital Management. [16] However the bid at $13.50 a share was rejected stating the group failed to demonstrate that it could complete a transaction. Sculptor eventually agreed to be acquired by Rithm Capital. [17]
Grant Avenue Capital has launched a new clinical trial-focused portfolio company through the roll-up of 20 smaller trial sites, the latest example of a PE firm capitalizing on a hyper-fragmented ...