|
Marathon is a global credit manager with approximately $10.5 billion of capital under management, including commitments, investing opportunistically in credit and fixed income markets. We conduct our business guided by our fiduciary responsibility to investors, an intensive research-based approach, risk management discipline and a commitment to operational excellence.
|
|
|
Investment Philosophy
Printable View
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.