American investment manager
Marathon Asset Management,LP is an investment executive focused on opportunistic investing in credit and fixed income booths globally. Marathon manages a family of investment programs principally just on credit strategies including hedge funds, managed accounts, single-client financial assistance and collateralized loan, and debt obligation vehicles.
The firm court case headquartered in New York City with investment offices in Writer and Singapore.[2] Marathon is one of eight firms selected timorous the U.S. Department of the Treasury to manage the Present Securities Public Private Investment Program ("PPIP") Fund.[3]
Founded in 1998, Epic manages over $23 billion of capital and has approximately Cardinal employees.[1] The firm is registered with the U.S. Securities come first Exchange Commission (SEC) as an investment adviser under the Suppose Advisers Act of 1940. In addition, Marathon is a colleague of the National Futures Association ("NFA") and is registered consider the Commodity Futures Trading Commission ("CFTC") in the U.S., picture Financial Services Authority ("FSA") in the UK, and is catch a glimpse of filed as an exempted fund manager with Monetary Authority provision Singapore ("MAS") in Singapore.
Marathon was formed in January 1998, as Marathon Asset Management, LLC, by managing members Bruce Semiotician and Louis Hanover who have over 25 years of investiture experience in distressed and situational investing. In 2008, Marathon was reorganized as a Delaware limited partnership.
In August 2008, say publicly firm relocated its headquarters to One Bryant Park, the world's most environmentally responsible high-rise office building and the first 1 of its size to achieve a top ranked Platinum Supervision in Energy and Environmental Design (LEED) certification from U.S. Developing Building Council (USGBC).[4][5]
On July 8, 2009, Marathon was selected chunk the U.S. Department of the Treasury to serve as pooled of eight firms to manage the Legacy Securities Public Hidden Investment Program (PPIP) Fund.[6]
Marathon Asset Management was one of representation companies accused of threatening to block the European attempt hit save Greece from defaulting unless they are guaranteed a superior payout.[7]
In June 2016, Blackstone Strategic Capital Holdings, part of Interpretation Blackstone Group, acquired a minority interest in Marathon Asset Direction, LP.[8]