Manager · SEC CRD 119416
Marathon
OpportunisticPrivate Credit
Funds with performance
12
LP investors
10
Public LPs disclosing at least one fund
SEC regulatory AUM
$790.1M
As of 2026-10-29
The franchise by vintage
Funds disclosed by public LPs, by strategy and vintage year. Dot area is the number of funds raised that year.
Funds
Funds managed by Marathon
Fund Name | Strategy | Sub-Strategy | Geography | Vintage | IRR | TVPI | DPI | As-of Date | Gross AUM | LPs |
|---|---|---|---|---|---|---|---|---|---|---|
| Marathon Centre Street Partnership, L.P. - Asset Class | Private Credit | Direct Lending | North America | 2020 | 10.2% | 1.36x | 0.36x | 2025-09-30 | — | 1 |
| Marathon Centre Street Partnership, L.P. - Asset Class - Subsequent Commitment | Private Credit | Direct Lending | North America | 2020 | 4.3% | 1.14x | 0.89x | 2025-09-30 | — | 1 |
| Marathon CLO Equity Fund, L.P. | Private Credit | Structured Credit | Europe | 2016 | 1.6% | 1.09x | 0.99x | 2026-06-30 | — | 2 |
| Marathon Currituck Fund, LP | Private Credit | Direct Lending | North America | 2014 | 0.1% | — | — | 2025-06-30 | — | 1 |
| Marathon Currituck Series D | Private Credit | Direct Lending | North America | 2016 | 0.4% | — | — | 2025-06-30 | — | 1 |
| Marathon Distressed Credit Fund | Opportunistic | Distressed Debt | Global | 2020 | 9.2% | 1.37x | 0.82x | 2026-06-30 | — | 1 |
| Marathon Distressed Credit Fund II | Opportunistic | Distressed Debt | Global | 2023 | 5.9% | 1.08x | 0.12x | 2026-06-30 | — | 1 |
| Marathon European Credit Opportunities Fund II | Opportunistic | Multi Strategy | Europe | 2014 | 7.5% | 1.39x | 1.39x | 2024-06-30 | — | 1 |
| Marathon European Credit Opportunity Fund III, LP | Opportunistic | Multi Strategy | Europe | 2016 | 5.4% | 1.42x | 0.93x | 2026-06-30 | — | 1 |
| Marathon European Credit Opportunity Fund, LP | Opportunistic | Multi Strategy | Europe | 2013 | 8.8% | 1.30x | 1.30x | 2024-12-31 | — | 1 |
| Marathon Secured Private Strategies Fund II | Opportunistic | Distressed Debt | Europe | 2019 | 9.4% | 1.52x | 0.96x | 2026-06-30 | — | 1 |
| Marathon Secured Private Strategies Fund III | Opportunistic | Distressed Debt | Europe | 2022 | 8.4% | 1.18x | 0.00x | 2026-06-30 | — | 1 |
LP Investors
Limited partners invested in Marathon funds
| LP Name | Type | Location | Funds Invested |
|---|---|---|---|
| Rockefeller Foundation | foundation | — | 1 |
| Michael and Susan Dell Foundation | foundation | — | 1 |
| Minnesota State Board of Investment | public_pension | MN | 4 |
| North Carolina Retirement Systems | public_pension | NC | 2 |
| Texas Municipal Retirement System | public_pension | TX | 2 |
| Florida State Board of Administration | public_pension | FL | 1 |
| Connecticut Retirement Plans and Trust Funds | public_pension | CT | 1 |
| New York City Board of Education Retirement System | public_pension | NY | 3 |
| State of Michigan Retirement Systems | public_pension | MI | 1 |
| School Employees Retirement System of Ohio | public_pension | OH | 1 |