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Here Are All The Wall Street Titans Backing Harris's Presidential Bid So Far
Sunday, July 28, 2024 - 2:34pm | 470Key figures in the world of finance are rallying behind Vice President Kamala Harris in spite of her past tensions with Wall Street and her potential impact on financial sector stocks if elected president. What Happened: Billionaires such as Jonathan Gray of Blackstone, Marc Lasry from Avenue...
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Money Ball: 8 Hedge Fund Managers Who Own Pro Sports Teams
Friday, December 6, 2019 - 12:58pm | 675Hedge fund billionaire Steve Cohen, CEO of Point72 Asset Management, is in talks to boost his ownership in the New York Mets baseball team to a majority stake, perhaps bringing more of a Wall Street vibe to the team out in Queens. If the deal is completed and Cohen becomes the main owner in five...
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Digesting Delivering Alpha 2017: The Top Picks You Need To Know
Wednesday, September 13, 2017 - 8:44am | 894Anything but bitcoin. The cryptocurrency got little love at CNBC’s Delivering Alpha conference Tuesday, with JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon calling it “fraudulent” and Saba Capital Management CIO Boaz Weinstein attributing its rise to nothing beyond FOMO....
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Differences In Opinion: Big Names Weigh In On Whether The Market Is Overvalued
Monday, July 18, 2016 - 3:34pm | 647Why is it that the S&P 500 has been consistently hitting new all-time highs for over a week now and so many investors are having such a hard time enjoying it? With the S&P 500 now trading more than 37 percent above its pre-crisis high, it’s hard not to start to wonder just how much...
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Lessons In Distressed Debt Investing From Marc Lasry
Monday, August 3, 2015 - 12:57pm | 401One of the best distressed debt investors, Marc Lasry, co-founder and chief executive officer of Avenue Capital Group and the co-owner of the NBA's Milwaukee Bucks, was a guest on this week's edition of Wall Street Week. In the interview, Lasry talked about how he approaches distressed...
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Sports Business Wrap For The Week Of April 14
Friday, April 18, 2014 - 1:08pm | 745Top Stories Milwaukee Bucks Sold To Hedge Fund Managers For $550 Million The Bucks finished the season with the NBA's worst record (15-67), the team's ninth season in the last 10 years with a sub-.500 record. Enter Marc Lasry and Wesley Edens. Lasry is the chairman and CEO of the Avenue Capital...
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Marc Lasry Recommends General Motors
Wednesday, November 9, 2011 - 6:11pm | 100Marc Lasry of Avenue Capital Management has just named General Motors (NYSE: GM) as one of his favorite stock picks in the market, citing low valuation. It is not a new investment. Benzinga is currently covering the Invest for Kids conference in downtown Chicago, which is one of Chicago's premier...
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Invest For a Cause with Invest For Kids
Wednesday, November 2, 2011 - 2:04pm | 394Don't miss your chance to participate in Chicago's investable ideas conference benefiting local children. Noted for being the city's “premiere investable ideas event,” Invest For Kids is scheduled to take place on November 9 at the Harris Theater in downtown Chicago. Created with the goal of...
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Marc Lasry on Distressed Debt and Distressed Markets (SPY, EWG)
Wednesday, May 19, 2010 - 2:32pm | 248Chairman and CEO of Avenue Capital Group, Marc Lasry was just interviewed by David Faber of CNBC. The Co-Founder of Avenue Capital Group, a hedge fund worth more than $20 billion, had this to say about global credit markets, “There’s been a lot less liquidity…which is a positive for us because you...