{"id":14087,"date":"2010-02-12T10:12:52","date_gmt":"2010-02-12T14:12:52","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=14087"},"modified":"2010-02-12T10:12:52","modified_gmt":"2010-02-12T14:12:52","slug":"avenue-to-float-3b-distressed-debt-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2010\/avenue-to-float-3b-distressed-debt-fund.html","title":{"rendered":"Avenue To Float $3B Distressed Debt Fund"},"content":{"rendered":"<p>Bloomberg &#8211; Avenue Capital Group, the New York- based company started by Marc Lasry, is raising a new fund to invest in distressed debt, according to a person familiar with the discussions.<\/p>\n<p>The company, which has about $18.5 billion of assets under management, expects the fund to be about $3 billion, with fundraising concluding within three months, said the person, who declined to be identified because discussions are private.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601110&amp;sid=aqsRpkhC.Z7M\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Avenue Capital Group, the New York- based company started by Marc Lasry, is raising a new fund to invest in distressed debt, according to a person familiar with the discussions. The company, which has about $18.5 billion of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14087","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=14087"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14087\/revisions"}],"predecessor-version":[{"id":14089,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14087\/revisions\/14089"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=14087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=14087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=14087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}