Marc Lasry Stays On The Sidelines For China Distressed Debt And Is Not "Focused On" Bitcoin

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Marc Lasry, chairman, chief executive officer & co-founder of global investment firm Avenue Capital Group, at The Greater China Restructuring Forum 2019 in Hong Kong in January, 2019.

Marc Lasry, the co-founder of distressed debt investment firm Avenue Capital Group, said he is staying on the sidelines for now when it comes to distressed debt investments in China. Lasry, who is also the co-owner of the NBA’s Milwaukee Bucks, commented he is not focused on Bitcoin at the moment after revealing he has invested 1% of his personal wealth in Bitcoin last summer. The billionaire investor made the comments in an exclusive interview with China Money Network last week.

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