Marathon Asset Management Investment Philosophy
Marathon Asset Management

Marathon is a global credit manager with approximately $13 billion of capital under management opportunistically investing in the global credit markets. Our business is guided by our fiduciary responsibility to our investors, an intensive research-based investment approach, prudent risk management discipline and a firm wide commitment to operational excellence.

Investment Philosophy

Marathon's core competency is distressed and situational investing in the global credit and fixed income markets. Credit selection is based on Marathon's bottom-up fundamental research, capital structure and situational expertise. Marathon pursues a highly-integrated, research-intensive approach utilizing synergies across its platform.

Our investment approach draws on a number of underlying disciplines and strengths, including:

  • Fundamental bottom-up credit analysis
  • Credit trading and execution capabilities
  • Work-out and restructuring expertise
  • Risk management discipline
  • Vast network of business relationships
  • Asset management experience
  • Significant history of investing and managing capital over multiple economic cycles
  • Historically utilized low levels of leverage
  • Committed to best-in-class infrastructure and financial controls

Marathon has the flexibility and expertise to invest anywhere in the capital structure, including securities, loans and structured products. The firm has successfully utilized this differentiated approach over its established history.