Avenue Capital Management Ii, L.P.

SEC-registered Private Fund Manager · Mid-sized ($1B–$10B) CRD 111845 · SEC file 801-57734 · New York, NY · WWW.LINKEDIN.COM

☆ Save with Pro ADV data as of May 05, 2026

Regulatory AUM: $5.0B
Discretionary: $5.0B
Clients: 35
Avg AUM / client: $142M
Accounts: 35
Employees: 183

AUM over time

$5.0B $8.2B

Dec 2011 May 2026

Annual snapshots from Form ADV filings · as of May 05, 2026

Who they serve

Client type	Clients	AUM	% of AUM
Pooled investment vehicles (non-investment companies)	35	$5.0B	100.0%

Private funds (34)

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Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $7.5B combined gross assets

Fund	Type	Domicile	Gross assets	Owners
Avenue Energy Opportunities Fund, L.P.	Hedge Fund	Delaware	$951M	60
Avenue Energy Opportunities Fund Ii, L.P.	Hedge Fund	Delaware	$721M	44
Avenue Golden Continuation Fund Pv, L.P.	Hedge Fund	Delaware	$479M	8
Avenue Sustainable Solutions Fund, L.P.	Hedge Fund	Delaware	$461M	118
Avenue Golden Continuation Fund, L.P.	Hedge Fund	Delaware	$443M	15
Avenue Venture Opportunities Fund Ii, L.P.	Hedge Fund	Delaware	$437M	23
Avenue Global Dislocation Opportunities Fund, Lp	Hedge Fund	Cayman Islands	$361M	303
Avenue Aviation Opportunities Fund Iii (Onshore), L.P.	Hedge Fund	Delaware	$361M	13
Avenue Aviation Opportunities Fund Ii (Onshore), L.P.	Hedge Fund	Delaware	$332M	39
Avenue Venture Opportunities Fund, L.P.	Hedge Fund	Delaware	$312M	12
Avenue Gabriel Fund, L.P.	Hedge Fund	Delaware	$289M	2
Avenue Special Opportunities Fund Ii, L.P.	Hedge Fund	Delaware	$285M	2
Avenue Strategic Opportunities Fund, L.P.	Hedge Fund	Delaware	$238M	18
Avenue Special Situations Fund Vi (Master), L.P. master	Hedge Fund	Delaware	$205M	74
Avenue Credit Opportunities Fund Ii, L.P.	Hedge Fund	Delaware	$200M	14

People (5)

Name	Role / title	With firm since	Ownership
Gardner, Sonia, Esther	Managing Member Of Gl Management, Llc	Jun 2000 (26y)	10% – 25%
Lasry, Marc, Nmn	Chairman And Chief Executive Officer Of Avenue Capital Group	Jun 2000 (26y)	75% or more of Gl Management, Llc (indirect)
Kolonne, Nish, Nmn	Chief Technology Officer Of Avenue Capital Group	Feb 2009 (18y)	Less than 5%
Larkin, Thomas, More	Chief Financial Officer Of Avenue Capital Group	Apr 2011 (15y)	Less than 5%
Schinder, Andrew, Keith	Chief Compliance Officer Of Avenue Capital Group	Jan 2019 (8y)	Less than 5%

Entity owners (Schedule A/B)

Entity	Title / status	Since	Sch.	Ownership
Avenue Management Holdco, L.P.	Limited Partner Of Avenue Capital Management Ii, L.P.	Oct 2006	A	75% or more
Avenue Capital Management Ii Genpar, Llc	General Partner Of Avenue Capital Management Ii, L.P.	Jun 2005	A	Less than 5%
Msm Management, Llc	Limited Partner Of Avenue Managment Holdco, L.P.	Oct 2006	B	75% or more of Avenue Managment Holdco, L.P. (indirect)
Gl Management, Llc	Managing Member Of Msm Management, Llc	Oct 2006	B	75% or more of Msm Management, Llc (indirect)
Avenue Management Holdco Genpar, Llc	General Partner Of Avenue Management Holdco, L.P.	Oct 2006	B	GP / trustee / elected manager of Avenue Management Holdco, L.P. (indirect)

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (34, $7.5B gross assets)

Fund	Type	Gross assets	Min. investment	Owners
Avenue Energy Opportunities Fund, L.P.	Hedge Fund	$951M	$10.0M	60
Avenue Energy Opportunities Fund Ii, L.P.	Hedge Fund	$721M	$10.0M	44
Avenue Golden Continuation Fund Pv, L.P.	Hedge Fund	$479M	$10.0M	8
Avenue Sustainable Solutions Fund, L.P.	Hedge Fund	$461M	$5.0M	118
Avenue Golden Continuation Fund, L.P.	Hedge Fund	$443M	$10.0M	15
Avenue Venture Opportunities Fund Ii, L.P.	Hedge Fund	$437M	$10.0M	23
Avenue Global Dislocation Opportunities Fund, Lp	Hedge Fund	$361M	$10.0M	303
Avenue Aviation Opportunities Fund Iii (Onshore), L.P.	Hedge Fund	$361M	$5.0M	13
Avenue Aviation Opportunities Fund Ii (Onshore), L.P.	Hedge Fund	$332M	$5.0M	39
Avenue Venture Opportunities Fund, L.P.	Hedge Fund	$312M	$10.0M	12
Avenue Gabriel Fund, L.P.	Hedge Fund	$289M	$10.0K	2
Avenue Special Opportunities Fund Ii, L.P.	Hedge Fund	$285M	$500M	2
Avenue Strategic Opportunities Fund, L.P.	Hedge Fund	$238M	$5.0M	18
Avenue Special Situations Fund Vi (Master), L.P.	Hedge Fund	$205M	$10.0M	74
Avenue Credit Opportunities Fund Ii, L.P.	Hedge Fund	$200M	$5.0M	14
Avenue Credit Opportunities Fund I A, L.P.	Hedge Fund	$161M	$5.0M	4
Avenue Aviation Opportunities Fund, L.P.	Hedge Fund	$159M	$5.0M	267
Avenue Sports Opportunities Fund, L.P.	Private Equity Fund	$139M	$25.0M	8
Avenue Mic Power Opportunities Master Fund, L.P.	Hedge Fund	$133M	$100M	2
Avenue Sports Opportunities Fund (Offshore), L.P.	Private Equity Fund	$132M	$25.0M	3
Avenue Employee Participation Plan, Llc	Other Private Fund	$127M	$0	50
Avenue Global Opportunities Master Fund Lp	Hedge Fund	$125M	$50.0M	4
Avenue Aviation Ii Annex Fund (Onshore), L.P.	Hedge Fund	$87.4M	$25.0K	87
Avenue Aviation Opportunities Fund Ii (Offshore Master), L.P.	Hedge Fund	$82.0M	$5.0M	75
Avenue Credit Opportunities Fund Iv, L.P.	Hedge Fund	$67.9M	$5.0M	3

Top 25 of 34 funds by gross assets · all funds

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

Form	Period	Size
Form ADV (full filing)	05/05/2026	8.55 MB	View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

• Percentage of assets under management
• Performance-based fees

Services

• Portfolio management for pooled investment vehicles
• Portfolio management for businesses/institutional clients

Custody

Firm reports having custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 05, 2026.

View current Form ADV (SEC/IAPD) ↗