Investment adviser · CRD 124613

MARATHON ASSET MANAGEMENT, L.P.

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Jul 31, 2026

Regulatory AUM: $30.5B
Client accounts: 141
Employees: 193
Advisory professionals: 99

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	111	$27,039,217,760	88.7%
Investment companies	8	$1,164,060,415	3.8%
Other investment advisers	12	$1,026,903,767	3.4%
Government entities	6	$568,792,860	1.9%
Insurance companies	Fewer than 5	$534,143,642	1.8%
Charities	Fewer than 5	$75,730,776	0.2%
Retirement plans	Fewer than 5	$70,624,341	0.2%

Filing source

Form ADV 2095174 · Jul 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

50+ Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

Browse the first 49 funds across 7 pages.

BRYANT PARK FUNDING 2025-28 LTD.Securitized Asset Fund · Last reported Jul 31, 2026$396MGross asset value

Fund administrator THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

Fund details & source

Fund ID: 805-3296560797
Reported beneficial owners: 5
Minimum commitment: $200K

Form ADV 2095174 · Jul 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MARATHON CLO 2021-16 LTDSecuritized Asset Fund · Last reported Jul 31, 2026$388MGross asset value

Custodian U.S. BANK, NATIONAL ASSOCIATION HOUSTON, Texas, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

Fund details & source

Fund ID: 805-8975249330
Reported beneficial owners: 1
Minimum commitment: $200K

Form ADV 2095174 · Jul 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MARATHON ECO IV SCA SICAV-RAIFHedge Fund · Last reported Jul 31, 2026$385MGross asset value

Feeder funds

MARATHON ECO IV (FEEDER) LP
MARATHON (MAM) ECO IV (FEEDER) SCSP SICAV-RAIF

Fund administrator CITCO FUND SERVICES (LUXEMBOURG) S.A. LUXEMBOURG, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP LUXEMBOURG, Luxembourg

Custodian CITIBANK NA NEW YORK, New York, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer GLOBAL FUND DISTRIBUTION LTD. BNEY BRAK, Israel Related to adviser: No

Marketer LARRAIN VIAL INVESTMENT INC SANTIAGO, Chile Related to adviser: No

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

CITIBANK NA
LEI E57ODZWZ7FF32TWEFA76

J.P. MORGAN SECURITIES LLC
SEC 8-35008

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

Fund details & source

Fund ID: 805-2678097678
Reported beneficial owners: 2
Minimum commitment: $10M

Form ADV 2095174 · Jul 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MARATHON EUROPEAN CREDIT OPPORTUNITY MASTER FUND III, LPHedge Fund · Last reported Jul 31, 2026$373MGross asset value

Feeder funds

MARATHON EUROPEAN CREDIT OPPORTUNITY FUND III, LP
MARATHON EUROPEAN CREDIT OPPORTUNITY OFFSHORE FUND III, LP
MARATHON EUROPEAN CREDIT OPPORTUNITY INTERMEDIATE FUND III, LP

Fund administrator CITCO FUND SERVICES (CAYMAN ISLANDS), LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Auditor ERNST & YOUNG LLP GRAND CAYMAN, Cayman Islands

Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No

Custodian CITIBANK N.A NEW YORK, New York, United States Related to adviser: No

Marketer LARRAIN VIAL INVESTMENT INC SANTIAGO, Chile Related to adviser: No

Prime broker BARCLAYS CAPITAL INC. NEW YORK, New York, United States

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

ERNST & YOUNG LLP
PCAOB 1655

BARCLAYS CAPITAL INC.
SEC 8-41342

CITIBANK N.A
LEI E57ODZWZ7FF32TWEFA76

BARCLAYS CAPITAL INC.
CRD 19714 · SEC 8-41342

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

Fund details & source

Fund ID: 805-4619724315
Reported beneficial owners: 100
Minimum commitment: $1M
Form D file number: 021-250704
Form D file number: 021-250707

Form ADV 2095174 · Jul 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MARATHON EMERGING MARKETS BOND FUND II, L.PHedge Fund · Last reported Jul 31, 2026$358MGross asset value

Form D fundraising filings

Marathon Emerging Markets Bond Fund II, L.P.

Fund administrator CITCO FUND SERVICES (CAYMAN ISLANDS) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian CITIBANK N.A. NEW YORK, New York, United States Related to adviser: No

Custodian JP MORGAN CLEARING CORP NEW YORK, New York, United States Related to adviser: No

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

JP MORGAN CLEARING CORP
SEC 8-28432

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

Fund details & source

Fund ID: 805-9632419581
Reported beneficial owners: 17
Minimum commitment: $500K
Form D file number: 021-292889

Form ADV 2095174 · Jul 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MARATHON SPS IA FUND, L.P.Hedge Fund · Last reported Jul 31, 2026$349MGross asset value

Fund administrator CITCO FUND SERVICES (CAYMAN ISLANDS) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian CITIBANK NA NEW YORK, New York, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

CITIBANK NA
LEI E57ODZWZ7FF32TWEFA76

J.P. MORGAN SECURITIES LLC
SEC 8-35008

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

Fund details & source

Fund ID: 805-6234579053
Reported beneficial owners: 9
Minimum commitment: $5M

Form ADV 2095174 · Jul 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MARATHON EMERGING MARKETS BOND MASTER FUND, LTD.Hedge Fund · Last reported Jul 31, 2026$334MGross asset value

Feeder funds

MARATHON EMERGING MARKETS BOND FUND, L.P.
MARATHON EMERGING MARKETS BOND OFFSHORE FUND, LTD.

Fund administrator CITCO FUND SERVICES (CAYMAN ISLANDS) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Auditor ERNST & YOUNG LLP GRAND CAYMAN, Cayman Islands

Custodian CITCO BANK AND TRUST GRAND CAYMAN, Cayman Islands Related to adviser: No

Custodian CITIBANK NA NEW YORK, New York, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer ACOLIN EUROPE AG LUXEMBOURG, Luxembourg Related to adviser: No

Marketer MIRAE ASSET SECURITIES CO., LTD SEOUL, Korea, South Related to adviser: No

Marketer MORGAN STANLEY MUFG SECURITIES CO., LTD. TOKYO, Japan Related to adviser: No

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

ERNST & YOUNG LLP
PCAOB 1655

CITIBANK NA
LEI E57ODZWZ7FF32TWEFA76

J.P. MORGAN SECURITIES LLC
SEC 8-35008

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

Fund details & source

Fund ID: 805-1367560194
Reported beneficial owners: 28
Minimum commitment: $500K
Form D file number: 021-239437

Form ADV 2095174 · Jul 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jul 31, 2026. View historical filings

Reported services

Investment company portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

ONE BRYANT PARK, 38TH FLOOR
NEW YORK, NY, 10036, United States

CRD 124613

Filing source

Form ADV 2095174 · Jul 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.