Richard Furst, 
Chief Investment Officer
Avenue Capital Group, and Senior Portfolio Manager - Avenue Europe Strategy
Mr. Furst is responsible for directing the investment activities of the Avenue Europe funds, and dedicates his time predominantly to the leadership of the Europe Strategy. He also serves as Avenue’s Chief Investment Officer and spends a portion of his time providing high-level investment oversight globally.***  Mr. Furst started with Avenue in 2004 as a Portfolio Manager for the U.S. Strategy, and prior to joining Avenue in 2004, he was a Portfolio Manager with Moore Capital Group, focusing on both U.S. and European distressed and high yield securities.  Prior to that, he was a Managing Director and Head of the U.S. Special Situations Trading Group for Bank of America. Previously, Mr. Furst was a Vice President in the High Yield and Distressed Trading and Research Department of Salomon Brothers Inc, after serving as an Associate in the Mergers, Acquisitions, and Restructuring Group. 
 
Mr. Furst received a B.S. in Economics from the Wharton School of the University of Pennsylvania (1986) and an M.B.A. from the Kellogg School of Management of Northwestern University (1989).
  
 *** The Senior Portfolio Managers and Portfolio Managers leading each of Avenue’s strategies are responsible for day-to-day investing and managing their independent investment teams within each of the respective strategies.