Avenue Capital Group is a global investment firm focusing on distressed securities and private equity with regional teams focusing on opportunities in the United States, Europe and Asia. The firm operates as both a private equity firm and as a hedge fund. Avenue’s core strategy is focused on distressed debt and equity securities although the firm also manages investment funds that focus on long-short opportunities, real estate, and collateralized debt obligations. The firm manages assets valued at approximately $12 billion. The firm was founded by former professionals of Amroc Investments, an affiliate of the Robert M. Bass Group.

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dbo:abstract
  • Avenue Capital Group is a global investment firm focusing on distressed securities and private equity with regional teams focusing on opportunities in the United States, Europe and Asia. The firm operates as both a private equity firm and as a hedge fund. Avenue’s core strategy is focused on distressed debt and equity securities although the firm also manages investment funds that focus on long-short opportunities, real estate, and collateralized debt obligations. The firm manages assets valued at approximately $12 billion. The firm was founded by former professionals of Amroc Investments, an affiliate of the Robert M. Bass Group. The firm is headquartered in New York City, with offices in London, Luxembourg, Munich, Beijing, Hong Kong, New Delhi and Singapore. The firm has established an institutional-quality infrastructure in terms of accounting, compliance legal, investor relations, and information technology capabilities. Avenue has approximately 220 employees across its 8 offices worldwide. Avenue’s investment professionals seek "good companies with bad balance sheets" — firms with sustainable businesses and positive cash flow but whose financial situation is distressed. The investment team uses Avenue’s top-down/bottom-up approach to find undervalued opportunities and typically seeks to make non-operational control investments in troubled businesses. This provides the strategy maximum trading flexibility and allows Avenue’s investment professionals to focus on pre-investment research and analysis rather than post-investment operating issues. From 2006 to 2009, Chelsea Clinton, daughter of former President of the United States Bill Clinton and former Secretary of State Hillary Clinton, worked as an associate at Avenue Capital Group LLC. Bloomberg reported that as of February 28, 2010, Avenue Capital Group is the 13th largest hedge fund in the world. (en)
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  • 1.41E10
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  • Asia *2001 - Avenue Asia Capital Partners - $126 million *2001 - Avenue Asia Special Situations II - $275 million *2003 - Avenue Asia Special Situations III - $628 million *2006 - Avenue Asia Special Situations Fund IV - $3.0 billion Europe *2008 - Avenue Europe Special Situations Fund - €1.5 billion *2012 - Avenue Europe Special Situations Fund II – $2.78 billion
  • United States *1998 - Avenue Special Situations I - $133 million *2001 - Avenue Special Situations II - $520 million *2003 - Avenue Special Situations III - $628 million *2006 - Avenue Special Situations IV - $1.68 billion *2007 - Avenue Real Estate Fund - $166 million *2007 - Avenue Special Situations V - $6.0 billion *2011 - Avenue Special Situations Fund VI - $1.9 billion *2014 - Avenue Energy Opportunities Fund - $1.3 billion
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http://purl.org/linguistics/gold/hypernym
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  • Avenue Capital Group is a global investment firm focusing on distressed securities and private equity with regional teams focusing on opportunities in the United States, Europe and Asia. The firm operates as both a private equity firm and as a hedge fund. Avenue’s core strategy is focused on distressed debt and equity securities although the firm also manages investment funds that focus on long-short opportunities, real estate, and collateralized debt obligations. The firm manages assets valued at approximately $12 billion. The firm was founded by former professionals of Amroc Investments, an affiliate of the Robert M. Bass Group. (en)
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  • Avenue Capital Group (en)
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  • Avenue Capital Group (en)
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