anchorage capital group wikipedia


[15] This is often used as an argument for moving the state capital from Juneau to the Anchorage area.

Full-Time Law Enforcement Employees by State by City, 2008. [52] Later in April, MGM decided to use the rights to the 25th James Bond film as leverage for a possible sale of the studio, with Annapurna Pictures and Warner Bros. seen as potential bidders. Two people were stomped to death, in 1993 and 1995, in Anchorage.

The firm operates as both a private equity firm and as a hedge fund. [127] Next to Ted Stevens Anchorage International Airport is Lake Hood Seaplane Base, the largest Seaplane Base in the world. Anchorage (officially called the Municipality of Anchorage; Dena'ina: Dgheyay Kaq'; Russian: Анкоридж) is a unified municipal consolidated city-borough in the U.S. state of Alaska, on the West Coast of the United States. On and off since the 1960s, the Alaska Department of Transportation & Public Facilities, in coordination with the Federal Highway Administration and the Municipality of Anchorage (or the lineal predecessors of those entities), have been exploring the concept of a roadway connecting the endpoints of the Seward and Glenn highways. In 1888, gold was discovered along Turnagain Arm just south of modern-day Anchorage.

Approximately 6,800 state employees work in Anchorage compared to about 3,800 in Juneau.

Includes of murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. Anchorage's leading newspaper is the Anchorage Daily News,[115] a citywide daily newspaper. ", "Making the Grade? There were 113,032 housing units at an average density of 59.1 per square mile (22.8/km2). The population density was 171.2 per square mile (59.2/km2). Anchorage Capital Partners is a specialised private equity firm that invests in businesses operating below their full potential or undergoing a significant transformation. [22], "The HFMWeek 50 most influential people in hedge funds", "Chelsea Clinton Exited Wall Street to Seek Career With Meaning", "Paulson's $32 Billion Funds Prompt Too-Big Concerns", "Avenue Capital's Marc Lasry: We like European bank loans", "US investor has €2bn to spend on Irish construction", "Avenue Special Situations Fund VI, L.P.", "Exclusive: Avenue Capital raises money for new energy fund - source", "Avenue Said to Raise $2.8 Billion for Distressed Fund", "Avenue Capital starts direct lending in Europe", "Morgan Stanley Investment Management Forms Strategic Alliance with Avenue Capital Group", "Hedge fund manager Marc Lasry: Positive on energy, Clinton and charity", "Avenue Capital to launch 'impact' investment fund, source says", History of private equity and venture capital, Taxation of private equity and hedge funds, Alternative investment management companies, https://en.wikipedia.org/w/index.php?title=Avenue_Capital_Group&oldid=970879275, Private equity firms of the United States, Privately held companies based in New York City, Financial services companies established in 1995, Articles with failed verification from February 2014, Creative Commons Attribution-ShareAlike License, 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, 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, 2008 - Avenue Europe Special Situations Fund - €1.5 billion, 2012 - Avenue Europe Special Situations Fund II – $2.78 billion, This page was last edited on 2 August 2020, at 23:09.

[56], MGM Holdings directly or indirectly owns and controls about 160 affiliates, with the most notable being the following group companies:[58], Film Production/Distribution and Home Entertainment, Learn how and when to remove this template message, "MGM Using James Bond Rights as Leverage for a Possible Sale", "Ousted MGM CEO Gary Barber explores a bid for the US movie studio: Sources", "MGM Film Studio Adopts Takeover Defense, Weighs Options", "Consolidated Financial Statements for the year ended March 31, 2008", "MGM sale expects to elicit half-dozen bids", "Lenders extend deadline for MGM payments", "Lions Gate (and every other media company) says it would buy MGM at right price", "MGM Debt Repayment Deadline Extended to March 31", "News Corp. talks to acquire MGM reach impasse", "MGM sends out prospectus, process going slow: sources", "MGM likely to draw bids as deadline looms", "MGM bids attracts Hollywood – Rapid TV News", "MGM bid deadline passes, most bids yet to come", "Ambani's Indian tiger eyes wounded MGM lion", "Weak Offers for MGM Force Hollywood to Confront Lost Clout", "MGM Bids: Time-Warner, Lionsgate, Reliance, Elliott Associates", "News Corp. Said to Offer Cash, Debt Help to Keep MGM Running", "As MGM mulls its future, the show goes on", "MGM asks potential buyers to submit bids by mid-March", "McNary, Dave. In 1997, Mr. Lasry and Ms. Gardner formed their second Avenue fund called Avenue International. The Alaska Native Tribal Health Consortium and Southcentral Foundation jointly own and manage ANMC. [113] The Aleutian Region School District, which operates schools in areas of the Aleutian Islands, has its district administrative offices in Anchorage.[114]. Anchorage generally leans toward Republican candidates in both state and presidential elections. [8], In 2012, The firm was featured in Maneet Ahuja's book, The Alpha Masters: Unlocking the Genius of the World's Top Hedge Funds. [9], After being installed in August 2009 as MGM's new CEO, Stephen Cooper tried to convince MGM's lenders that they should restructure the company's long-term debt in order to allow the studio to continue with its current business model. In 2004, Avenue launched its European-focused distressed business with Rich Furst as the senior portfolio manager. This jet fuel is transported to the Port of Anchorage, then by rail or pipeline to the airport. 24.9% of all households were made up of individuals, and 4.9% had someone living alone who was 65 years of age or older. [15], As of early December 2009, 16 companies had expressed interest in purchasing all or parts of MGM, although only two had actually negotiated a confidentiality agreement that would allow them to examine MGM's financial statements.

MGM gave no reason for his firing. [84], Anchorage is also home to Alaska's first WFTDA flat track women's roller derby league, the Rage City Rollergirls.[85]. [14] Kiplinger has named it the United States' most tax-friendly city.[15]. Communities such as Fairbanks and much of rural Alaska opposed moving the capital to Anchorage for fear of concentrating more power in the state's largest city. [40] On December 29, 2010, MGM signed a new lease with New York-based group George Comfort & Sons for a 6-story building in the corner of 235–269 N. Beverly, leaving its old headquarters in Century City. In 2013, Forbes named Anchorage among its list of Best Places for Business and Careers.[71]. 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. ", "Table 16. [11] The studio also held out the possibility of gaining a large influx of cash from new investors, although industry analysts believed that alternative was unlikely to happen. As the territory grew during the following decades, so did efforts to provide care. Unwary victims have walked onto the solid seeming silt revealed when the tide is out and have become stuck in the mud. But since the establishment of the municipality in 1975, there have been two Democratic mayors (Tony Knowles and Mark Begich), each of whom was elected to two consecutive terms and later to statewide office. The city was the U.S. candidate for hosting the 1992 and 1994 Winter Olympics, but lost to Albertville, France and Lillehammer, Norway respectively. [23] Some of the bids may have been below $1 billion, and nearly all the bids would require MGM to file for bankruptcy first and shed its debt obligations. [5] On May 21, it is reported that Barber (who still owns 9% of MGM through stock options) is exploring a bid to acquire MGM and is speaking to investment banks about financing his offer. [9] The city limits span 1,961.1 square miles (5,079.2 km2), encompassing the urban core, a joint military base,[10] several outlying communities and almost all of Chugach State Park.

CS1 maint: BOT: original-url status unknown (. [11], Due to its location, almost equidistant from New York City and Tokyo, Anchorage lies within ​9 1⁄2 hours by air of nearly 90% of the industrialized world. "MGM sets deadline for receiving bids", "M.G.M. [18] Offenses Known to Law Enforcement. [21], In April 2018 the firm was reported to be launching a $500 million fund focused on impact investing. [13] Some industry analysts said sale of the studio could net $1.5 billion to $3 billion. According to the United States Census Bureau, the municipality has an area of 1,961.1 square miles (5,079.2 km2); 1,697.2 square miles (4,395.8 km2) of which is land and 263.9 square miles (683.4 km2) of it is water. Alaska Regional has expanded services and in 1994, Alaska Regional joined with HCA, one of the nation's largest healthcare providers. Previously, the most active recent event was an August 1992 eruption of Mount Spurr, which is 78 miles (126 km) west of the city. Avenue Capital Group served as a sponsor in 2010 and 2011 and, in July 2012 Avenue's President, Sonia Gardner, hosted a breakfast on inMotion's behalf to encourage other firms to participate.
When seats from the neighboring Mat-Su Borough are added, more than half the Alaska state legislature comes from the Anchorage metropolitan area.


This traffic is strongly linked to Anchorage's location along great circle routes between Asia and the lower 48. In 1995, Mr. Lasry and Ms. Gardner started their first Avenue fund, Avenue Investments, with less than $10 million.

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