Marathon Asset Management Promotes Christine Chartouni to Partner

NEW YORK--(BUSINESS WIRE)--Marathon Asset Management, L.P. (“Marathon”), a New York-based global investment advisor overseeing approximately $23 billion in assets across private and public global credit markets today announced that Christine Chartouni, Marathon’s Chief Legal Officer and Chief Compliance Officer, has been promoted to Partner. Ms. Chartouni has been with Marathon since 2004 and serves on Marathon’s Executive and Governance Committees.

“Christine Chartouni has been a key member of the Marathon leadership team for over a decade,” said Bruce Richards, Chief Executive Officer. “Christine exhibits a dedication to excellence that is second to none, providing transparency and rigorous legal and compliance oversight that benefits our firm and our clients alike.”

Louis Hanover, Chief Investment Officer, added: “With the addition of Christine to our established group of Partners, Marathon is well-positioned for long term growth. As we look for attractive risk-adjusted returns across a wide universe of performing, distressed and situational credit, excellence in the areas of legal and compliance remains a deeply rooted component of the firm’s philosophy.”

Ms. Chartouni added: “I have been honored to serve Marathon and its clients for the past 18 years and, having become a partner, I very much look forward to the opportunity ahead to support Marathon and our global clients by ensuring we remain at the forefront of the industry in terms of best practices across our legal and compliance functions.”

About Marathon Asset Management

Marathon Asset Management LP is a global credit manager with over $23 billion in assets under management. The firm was formed in 1998 by its two managing Partners: Chairman & CEO Bruce Richards and CIO Louis Hanover. The partnership includes Jamie Raboy, Jason Friedman, Andy Springer, Gabriel Szpigiel, Jeff Jacob, Andrew Brady, and now, Christine Chartouni. Marathon has offices in New York City, London and Tokyo and employs more than 160 professionals globally. Marathon's core competency is opportunistic investing in the global corporate credit, direct lending, emerging market debt, structured credit markets and real estate related assets. For more information, please visit the company’s web site at www.marathonfund.com.

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