Marathon Asset Management, LP is an American hedge fund[1] focused on opportunistic investing in credit and fixed income markets globally. Marathon manages a investments principally focused on hedge funds, managed accounts, single-client funds and collateralized loan, and debt obligation vehicles.
History
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.
In August 2008, the firm relocated its headquarters to One Bryant Park, the world's most environmentally responsible high-rise office building and the first building of its size to achieve a top ranked Platinum Leadership in Energy and Environmental Design (LEED) certification from U.S. Green Building Council (USGBC).[2][3]