PRIVATE CREDIT

Tailored and Scalable Solutions across the Key Pillars of Private Credit

Marathon's specialized Private Credit teams benefit from a global presence and scaled capital to navigate complexity across dynamic opportunities sets.

Marathon's Private Credit platform is committed to excellence, integrity, and lasting partnerships across our three core pillars:

01.

Direct Lending

02.

Opportunistic Credit

03.

Asset-Based Lending

$75B+

In Direct Lending & Opportunistic Credit

$28B+

In Asset-Based Lending

Our competitive advantages include:

  • 25+ years of Private Credit
  • Rigorous, bottom-up underwriting and research-driven credit selection
  • Integrated model, facilitating real-time sharing of industry knowledge
  • Broad expertise across the credit liquidity spectrum
  • Ability to move in scale and with speed
  • Trusted and long-term partnerships creating unique deal flow
  • Keen focus on downside protection across all market environments

Marathon's robust risk management is time-tested through market-cycles with a detailed understanding of corporate structure, underlying collateral, and cash-flow to thoughtfully construct a diversified portfolio of attractive risk-adjusted investments.

Marathon is Your Private Credit Investment Partner for the Long Run

Marathon builds enduring relationships with financial sponsors, companies, and asset owners that drive lasting success. With a commitment to excellence, Marathon offers innovative solutions that unlock exceptional value for our counterparties we partner with and our clients who entrust us with their capital.

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Direct Lending

Tailored Solutions for Success

Direct Lending

Tailored Solutions for Success

Marathon's Direct Lending program works collaboratively with financial sponsors and companies to provide creative and reliable financing solutions for acquisitions, refinancings, and add-ons. Our flexible investment program offers senior loans, unitranche loans, junior loans, and bespoke solutions as our dedicated team helps companies and financial sponsors achieve their business plans. Marathon's Direct Lending team has deep knowledge across industry sectors, asset classes, capital structures, and geographies positioning us as a value-added partner. Our team helps identify, advise, and implement value creation strategies to optimize for potential success of our borrowers with a commitment to support the ups and downs of industry and economic cycles.

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Opportunistic Credit

Navigating Complexity

Opportunistic Credit

Navigating Complexity

Marathon's Opportunistic Credit program has invested over $75 billion since our founding in 1998. Our highly experienced 30+ person opportunistic credit team analyzes and solves complex situations with a focus on long-term partnership and value creation. Marathon is known industry-wide for our expertise in providing creative capital solutions to public and privately held companies going through periods of uncertainty or transition. Our team is supported by in-house bankruptcy and restructuring experts who can provide Debtor-in-Possession (DIP) Finance as well as Exit Finance to support good companies with an overleveraged balance sheet. During market dislocation and distress, Marathon's flexible capital is available to purchase corporate debt at deep discounts to intrinsic value, creating win-win outcomes for our clients and the companies we invest in. Our flexible mandate allows us to construct a diverse portfolio of idiosyncratic ideas across industries as we focus on current income, capital appreciation, and attractive risk-reward outcomes.

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Asset-Based Lending

A Collateral First Approach

Asset-Based Lending

A Collateral First Approach

Marathon's all-weather Asset-Based Lending program is comprised of dedicated teams with specialized industry expertise across transportation finance, healthcare finance, commercial real estate, residential real estate, consumer credit, specialty finance, and corporate asset-based solutions. With $28 billion in asset-based investments since inception, our all-weather program is built on creating highly diversified and resilient portfolios comprised of senior-secured contractual cashflows secured by a perfected interest in the underlying collateral. Marathon's Asset-Based Lending program utilizes flexible parameters allowing our team the ability to invest across markets as opportunity sets evolve.

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