Lasry’s Avenue Capital in talks to sell CLO biz

Fri Apr 17, 2009

Avenue Capital Group, the $16.1 billion distressed-debt firm founded by Marc Lasry and his sister Sonia Gardner, is considering the sale of its collateralized loan obligation business.

The firm, which manages $2.8 billion of leveraged loans through the Avenue Collateralized Loan Obligation...

ISSN: 2151-1845 / CDC10004H

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