Hedge Fund - Avenue Capital

Some renowned investors have recently talked about Apple Inc. (NASDAQ:AAPL) Valeant Pharmaceuticals Intl Inc (NYSE:VRX), Alphabet Inc (NASDAQ:GOOGL) St. Jude Medical, Inc. (NYSE:STJ) and Dynegy Inc.

Billionaire hedge fund managers Jamie Dinan and Marc Lasry shared their market views in an exclusive interview with CNBC's Scott Wapner on Tuesday.

Marc Lasry is the co-founder of Avenue Capital, which was launched with $7 million in funding from friends and family in 1995, and currently holds the CEO position.

Marc Lasry co-founded Avenue Capital in 1995 and has enjoyed great success investing in distressed and undervalued debt and equity.

The correction in crude oil and natural gas prices over the past many months has made several investors wary of investing in the energy sector.

Although the average hedge fund has been struggling to beat broader market benchmarks in recent years, the hedge fund industry as a whole has been constantly growing.

Only a handful of people would disagree that hedge funds’ 13F filings reveal high-potential stocks, especially billionaires’ quarterly filings.

Marc Lasry of Avenue Capital said in an interview with Bloomberg that the U.S is still the best place to invest in.

Hedge fund powerhouse Avenue Capital Group was founded by Marc Lasry and Sonia Gardner in 1995.