Avenue Capital

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What has Bill and Hil Clinton’s son-in-law been up to lately? Fresh off his summer nuptials to their daughter, Marc Mezvinsky has been apparently maxing and relaxing in Jackson Hole. According to the Post, the former Goldman Sachs investment banker has taken a li’l sabbatical from his gig at 3G Capital to “hit the slopes for a few months.” Read more »

  • 17 Sep 2010 at 3:50 PM

Emma Lasry Explains “Closet Bitch”

“It wasn’t meant to be like, one of these songs that showcases your voice,” she told Daily Intel of her debut track, the video for which she’s removed from YouTube. Also: “Everyone assumes I don’t do anything and I just spend my father’s money. My dad does investing for a living, so he’s like, ‘You’re my investment. If you make it big, you’ll be able to pay me back.'” [DI]

  • 11 Aug 2010 at 4:18 PM

Avenue Capital Performance Fees Being Put To Good Use


[image via Gawker]

Also available on YouTube in case you can’t swing the $1.99. Read more »

That’s how Emma, 18, refers to herself in the aspiring pop star’s debut single. Other things the Avenue Capital founder’s daughter shares:

* “I don’t gossip”

* “I don’t talk shit”

* “Everybody thinks I’m so sweet”

* “I’m the girl you love to meet”

* “Boys want to take me out to eat”

* “But little do they know”

* “I’ve got a little secret no one knows”

What does Daddy Lasry think of the track? “It wouldn’t be my first choice for a title,’’ Lasry told Deal Journal. “But the song is really good. It’s a catchy tune.” Other things we learn about Emma via the video to “Closet Bitch” include the fact that she’s a big fan of leather, Khloe Kardashian, and black lace push-up bras. Read more »

  • 09 Nov 2009 at 11:43 AM

More Flags, No Fun

oldguy.gifSix Flags has bowed to pressure from hedge fund Avenue Capital Management and backed down from a plan to would effectively hand the theme-park company over to its senior lenders.
The company filed for bankruptcy over the summer, proceeding to trot out its creepy old man mascot in an effort to drum up business. That reorganization plan would have given almost all of its stock to senior lenders, who would in turn forgive its debt.
But Avenue’s Marc Lasry wasn’t having any of it, since it would leave his firm and other unsecured creditors with practically nothing.

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