Separately Managed Accounts provide institutional investors with a compelling customized program to capitalize on a wide range of opportunities investing in the global credit markets enabled by Marathon's integrated investment capabilities and operational capacity:
 

• Each separate account is managed to parallel Marathon funds or is customized to address the client's particular criteria within Marathon's credit investment strategies, including risk/reward objectives, liquidity, investment horizon, long/short orientation, geographic exposure and other risk parameters
• Structure provides attractive features such as custody/segregation of assets, enhanced transparency and flexible terms