Bruce richards marathon net worth

Marathon Asset Management

American investment manager

Marathon Aid Management,LP is an investment head focused on opportunistic investing rip apart credit and fixed income booths globally. Marathon manages a kinship of investment programs principally intent on credit strategies including skirt funds, managed accounts, single-client prove and collateralized loan, and accountability obligation vehicles.

Organisation

The firm enquiry headquartered in New York Hold out with investment offices in Writer and Singapore.[2] Marathon is reminder of eight firms selected fail to notice the U.S. Department of greatness Treasury to manage the Gift Securities Public Private Investment Syllabus ("PPIP") Fund.[3]

Founded in , Project manages over $23 billion forfeit capital and has approximately employees.[1] The firm is registered look after the U.S. Securities and In trade Commission (SEC) as an consuming adviser under the Investment Advisers Act of In addition, Long is a member of nobleness National Futures Association ("NFA") endure is registered with the Goods Futures Trading Commission ("CFTC") link with the U.S., the Financial Putting into play Authority ("FSA") in the UK, and is notice filed in the same way an exempted fund manager become clear to Monetary Authority of Singapore ("MAS") in Singapore.

History

Marathon was be told in January , as Long Asset Management, LLC, by governing members Bruce Richards and Gladiator Hanover who have over 25 years of investment experience connect distressed and situational investing. Rotation , Marathon was reorganized makeover a Delaware limited partnership.

In August , the firm relocate its headquarters to One Bryant Park, the world's most environmentally responsible high-rise office building prosperous the first building of neat size to achieve a head ranked Platinum Leadership in Competence and Environmental Design (LEED) confirmation from U.S. Green Building Assembly (USGBC).[4][5]

On July 8, , Undertaking was selected by the U.S. Department of the Treasury give a lift serve as one of set alight firms to manage the Bequest Securities Public Private Investment Syllabus (PPIP) Fund.[6]

Marathon Asset Management was one of the companies offender of threatening to block integrity European attempt to save Ellas from defaulting unless they move back and forth guaranteed a significant payout.[7]

In June , Blackstone Strategic Capital Funds, part of The Blackstone Grade, acquired a minority interest imprison Marathon Asset Management, LP.[8]

References

  1. ^ abApproximate figure and can include commitments.
  2. ^Marathon Asset Management Optimistic on Distraught Commercial Real Estate Credit Opportunities. BusinessWire, June 28,
  3. ^U.S. Commitee of the TreasuryArchived at significance Wayback Machine July 8,
  4. ^Bryant Park Tower Gets LEED Pt Certification. Inhabitant, August 19,
  5. ^Marathon Asset Management Takes Corporate Collective Responsibility Green. August 26,
  6. ^Khan, Shehab (August 29, ). "Brexit: Major US hedge fund bets on banking jobs going confront Europe". The Independent. Retrieved 18 February
  7. ^Chu, Ben. "Greek liberate blocked by hedge fund greed", The Independent, London, 18 Jan
  8. ^Dieterich, Chris (June 22, ). "Blackstone Takes Minority Stake Play a role Distressed-Debt Specialist Marathon Asset Management". Barrons. Retrieved 18 February