Marathon Asset Management

Marathon Asset Management, LP is an employee-owned hedge fund manager founded in 1998 and headquartered in New York City, with additional offices in Tokyo, London, and Singapore. The firm specializes in alternative investments, managing approximately $11 billion in capital across various strategies, including hedge funds, structured finance, and credit-focused investments. Marathon provides services to a diverse clientele, including investment companies, pooled investment vehicles, municipal government entities, and insurance companies. The firm employs a fundamental and technical analysis approach to develop client-focused equity and fixed income portfolios, as well as manages mutual funds and other investment programs tailored to specific client needs. With a team of around 130 professionals, Marathon Asset Management is committed to opportunistic investing in global credit markets.

Jon Braidley

Senior Managing Director

Mario Caicedo

Director

Jason S. Friedman

MD

Stuart Goldberg

Partner, Member of the Risk Committee and Investment Committee

Louis Hanover

Co-managing Partner and Chief Investment Officer

Steve Kim

Partner

Mark Kleinman

Senior Managing Director

Teo Lasarte

Director

Andrew Rabinowitz

Partner, President and Chief Operating Officer

Jamie Raboy

Partner and Chief Risk Officer

Bruce Richards

Managing Partner, Chairman and Chief Executive Officer

V Partha Sarathy

Senior Vice President

Andrew Springer

Partner and Head of Structured Credit

Gabriel Szpigiel

Partner and Co-Head of Emerging Markets

9 past transactions

Theratechnologies

Post in 2022
Theratechnologies Inc., a biopharmaceutical company, engages in the discovery of therapeutic products for commercialization. The company's proprietary technologies include Long Acting Peptides, a peptide stabilization technology that increases the target protein's resistance to enzymatic degradation. Its lead product is tesamorelin, which completed its phase III clinical trial for the treatment of HIV-associated lipodystrophy and is in phase II clinical trials for the treatment of mild cognitive impairment and growth hormone deficient abdominal obesity. The company also develops Acute kidney injury, a preclinical stage product. It has a license agreement with PDC Biotech GmbH to use the antagonists of the prostaglandin F2a receptor in pre-term labor and primary dysmenorrheal; and OctoPlus N.V. to develop and commercialize GLP-1 portfolio of analogues. The company also has a collaboration and licensing agreement with EMD Serono, Inc. for the treatment of excess abdominal fat in HIV-infected patients with lipodystrophy. The company was founded in 1993 and is headquartered in Montreal, Canada.

Acer Therapeutics

Post in 2022
Acer Therapeutics is a pharmaceutical company that focuses on the acquisition, development, and commercialization of therapies for serious rare, and life-threatening diseases with critical unmet medical needs. Its pipeline includes four clinical-stage candidates: emetine hydrochloride for the treatment of patients with COVID-19; ACER-001 (a taste-masked, immediate-release formulation of sodium phenylbutyrate), for the treatment of various inborn errors of metabolism, including urea cycle disorders (UCDs) and Maple Syrup Urine Disease (MSUD); EDSIVO™ (celiprolol), for the treatment of vascular Ehlers-Danlos syndrome (vEDS) in patients with a confirmed type III collagen (COL3A1) mutation; and osanetant, for the treatment of induced Vasomotor Symptoms (iVMS). The company was founded in 2013 and is headquartered in Newton, Massachusetts.

BigBear.ai

Post in 2021
BigBear.ai is a decision dominance serving the national defense and intelligence communities. The Company delivers high-end capabilities across the data and digital spectrum to deliver information superiority and decision support. BigBear.ai provides a comprehensive suite of solutions including artificial intelligence and machine learning, data science, advanced analytics, offensive and defensive cyber, data management, cloud solutions, digital engineering, and systems integration.

Avenger Flight Group

Debt Financing in 2021
Avenger Flight Group, LLC is an aviation training company that specializes in commercial aviation simulation and training services. Founded in 2012 and headquartered in Fort Lauderdale, Florida, the company operates additional training facilities in Las Vegas, Nevada; Mexico City, Mexico; and Fort Worth, Texas. Avenger Flight Group employs state-of-the-art simulators to deliver training to both domestic and international airlines, enhancing the skills of pilots and trainers. In addition to simulation training, the company offers classroom instruction, ensuring comprehensive educational support for aviation professionals.

Dermavant Sciences

Private Equity Round in 2021
Dermavant Sciences is a biotechnology company focused on dermatology.

Healogics

Private Equity Round in 2021
Headquartered in Jacksonville, Fla., Healogics is the nation’s largest provider of advanced wound care services. Healogics and its affiliated companies manage more than 500 Wound Care Centers:registered: in the nation and see nearly 200,000 patients per year through a connected network of centers, partner hospitals, academic medical centers, patients and families. Leveraging its scale and experience, Healogics utilizes an evidence-based systematic approach to chronic wound healing in treating an underserved and growing patient population.

Europcar

Post in 2020
Europcar is the largest car rental company in Europe and currently has 2825 locations in 143 different countries. Europcar offices in Germany, France, Italy, Spain, Portugal and the United Kingdom are run centrally by Europcar in France, while all other countries are franchisees.

ADMA Biologics

Post in 2017
ADMA Biologics, Inc. is a biopharmaceutical company focused on developing, manufacturing, and marketing specialty plasma-derived biologics aimed at treating immune deficiencies and infectious diseases in the United States. The company's product portfolio includes BIVIGAM and ASCENIV, both intravenous immune globulin products indicated for primary humoral immunodeficiency, as well as Nabi-HB, which treats acute exposure to Hepatitis B. ADMA also has a pipeline of therapeutics targeting infections such as S. pneumonia. To support its production, ADMA operates FDA-licensed source plasma collection facilities, known as ADMA BioCenters, which supply plasma for its products. The company distributes its offerings through independent distributors, sales agents, and specialty pharmacies. Founded in 2004 and headquartered in Ramsey, New Jersey, ADMA Biologics is dedicated to serving niche patient populations, particularly those who are immune-compromised due to underlying conditions or medical treatments.

Sipex Corporation

Venture Round in 2006
Sipex Corporation engages in the design, manufacture, and marketing of analog integrated circuits (ICs). It offers power management products, including white LED drivers, DC/DC regulators, and controllers to regulate, control, monitor, or provide the reference voltage for a system or portion of a system. The company also provides interface products that facilitate the transfer of digital signals between or within electronic systems, as well as ensure connectivity between networks, computers, and digital peripherals and consumer portable devices that connect to them. In addition, it offers optical storage products, including photo-detector ICs, advanced power control ICs, and laser diode drivers.