Marathon Asset Management

Marathon Asset Management

Type	Private
Industry	Hedge fund, distressed securities, investment management
Founded	1998
Founder	Bruce Richards Louis Hanover
Headquarters	Bank of America Tower New York City, United States
Key people	Bruce Richards (CEO) Louis Hanover (CIO) Andrew Rabinowitz (President)
Total assets	$13 billion
Number of employees	150
Website	www.marathonfund.com

Marathon Asset Management, LP is an investment manager focused on opportunistic investing in credit and fixed income markets globally. Marathon manages a family of investment programs principally focused on credit strategies including hedge funds, managed accounts, single-client funds and collateralized loan, and debt obligation vehicles.

The firm is headquartered in New York City with investment offices in London and Singapore. Marathon is one of eight firms selected by the U.S. Department of the Treasury to manage the Legacy Securities Public Private Investment Program ("PPIP") Fund.

Founded in 1998, Marathon manages approximately $13 billion of capital and has approximately 150 employees. The firm is registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser under the Investment Advisers Act of 1940. In addition, Marathon is a member of the National Futures Association ("NFA") and is registered with the Commodity Futures Trading Commission ("CFTC") in the U.S., the Financial Services Authority ("FSA") in the UK, and is notice filed as an exempted fund manager with Monetary Authority of Singapore ("MAS") in Singapore.

Marathon was formed in January 1998, as Marathon Asset Management, LLC, by managing members Bruce Richards and Louis Hanover who have over 25 years of investment experience in distressed and situational investing. In 2008, Marathon was reorganized as a Delaware limited partnership.