Looking back on Avenue’s falling assets and Soros’ summer soap opera


AR also revisits Conatus, the first Lone Pine spinout.

One year ago
»» Assets at Marc Lasry’s Avenue Capital Group dipped to $12.3 billion by midyear 2011, from $18 billion just six months earlier, as the firm had been liquidating a private equity vehicle launched in 2007.

The firm’s capital base has held steady since then, sliding to $12.2 billion at the start of 2012 and landing at $12.4 billion in the upcoming Billion Dollar Club survey for midyear. Its figure next year is likely be higher; Avenue raised nearly $3 billion this summer for a new European distressed fund. Lasry said in