Marathon Asset Management
Marathon Asset Management is a direct lender on Termgrid. It is active in United States, United Kingdom, W.Europe across 2 distinct strategies.
Lender profiles are only available to Sponsors on Termgrid.
About Marathon Asset Management
Marathon Asset Management is a direct lender, active across United States, United Kingdom and W.Europe. The firm deploys arr loans, co-invest and preferred equity and is sector-agnostic in its underwriting.
Marathon Asset Management operates across 8 regions, signalling a globally distributed mandate, and has 5 verified press mentions from tracked finance publishers in the last 12 months.
Compared to other direct lenders active in United States profiled on Termgrid, Marathon Asset Management is one of 213 firms in this segment, with a published ticket band of $20M – $150M.
Investment Strategies
Strategy Summary
| Strategy | Products | Ticket | AUM | Latest Fund |
|---|---|---|---|---|
| Direct Lending | ARR Loans, Co-invest | $20M – $150M | $3B | $1B |
| Special Situations Fund | ARR Loans, Co-invest | $25M – $200M | $4B | $2B |
Sector Focus
Products
Currency Capability
Relationship Management
Termgrid's platform allows sponsors to track activity across their deals and portfolio with Marathon Asset Management automatically. Subscribers can see their live relationship trackers.
Deal Execution
Termgrid subscribers execute and manage their transactions with Marathon Asset Management end to end, from NDA through negotiation to signing.
Precedents
Termgrid automatically builds a precedent database across your transactions with Marathon Asset Management, so your team gets to insights faster.
Why Termgrid
Termgrid is the end-to-end platform for private capital markets. It is used to run deals, manage portfolios and track relationships across the capital markets ecosystem.
In the News
- Marathon Asset Management CEO Bruce Richards on opportunities in private credit - CNBC
- Watch CNBC's full interview with Marathon Asset Management CEO Bruce Richards - CNBC
- Marathon Asset Management Announces Alex Howell’s Promotion to Partner and Head of European Credit - Business Wire
- Marathon Asset Management Provides $235M Senior Mortgage Loan to Refinance Multi-State Senior Housing Portfolio - Business Wire
- Video interview — Bruce Richards, Marathon Asset Management — Cranes, compression and the ABL obsession - 9fin
External Coverage
Frequently Asked Questions
What investment strategies does Marathon Asset Management run?
Marathon Asset Management operates 2 distinct investment strategies on Termgrid: Direct Lending, Special Situations Fund. Each strategy has its own criteria, ticket-size band and sector appetite, and is profiled separately on the firm's Termgrid page. Sponsors evaluating Marathon Asset Management typically look at the specific strategy that fits the deal type — the right contact and capital pool varies by strategy.
Which debt instruments does Marathon Asset Management provide?
Marathon Asset Management deploys ARR Loans, Co-invest, Preferred Equity, Special Situations, Subordinated / Junior Debt / Mezzanine, and Unitranche / Senior Debt Direct Lending across its 2 strategies. These instruments are used in sponsor-backed transactions and direct corporate financings where Marathon Asset Management participates as a lender, with the breadth (6 distinct products) suggesting flexibility on capital structure. Specific tranching, pricing and structuring are negotiated per transaction; the standard band sits in the Investment Criteria section.
Where does Marathon Asset Management lend?
Marathon Asset Management is active in United States, United Kingdom, W.Europe, E.Europe, S.Europe, Nordics, Asia, and Australia. Sponsors running cross-border processes can include Marathon Asset Management where any of these geographies match the borrower or transaction. Regional focus reflects current deployment patterns recorded by Termgrid; firms periodically extend their mandate, so check the platform for the most current view.
Is Marathon Asset Management sector-agnostic?
Yes. Marathon Asset Management underwrites credits across sectors on a deal-by-deal basis rather than to a fixed industry mandate. Sector-agnostic lenders are typically preferred for transactions in markets where the borrower's industry is unusual, sits between common categories, or where the credit thesis depends more on capital structure than vertical-specific expertise.
How do I connect with Marathon Asset Management?
Termgrid subscribers can route opportunities to Marathon Asset Management directly via the platform's deal execution workflow. The platform manages introductions, NDA exchange, materials sharing and term-sheet collaboration end-to-end. If you are not a Termgrid subscriber, request a demo to see the routing options and what the workflow looks like for Marathon Asset Management specifically.
How current is this profile?
This profile was last updated on 2025-09-16. Profile data is refreshed on a rolling basis from verified sources: firm-published materials, regulatory filings, and direct submissions from the lender. Press coverage from tracked finance publishers is aggregated nightly and shown in the news section above.
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