John Hancock Investment Management, a company of Manulife Investment Management, and Marathon Asset Management have launched John Hancock Asset-Based Lending Fund.
The fund is subadvised by Marathon Asset Management, a global credit investor with nearly 25 years of experience successfully investing across multiple sectors, including structured credit and asset-based lending, where it has deployed more than $20 billion over its history with approximately $23 billion in assets under management as of December 31, 2021.
“We’re excited to bring our accredited investors access to private asset-based lending and specialty finance sectors through such an accomplished and experienced partner in Marathon,” said Andrew G. Arnott, CEO, John Hancock Investment Management, and head of U.S. and Europe, Manulife Investment Management. “With elevated inflation, rising interest rates and ongoing market volatility, advisors and their clients are looking at alternative asset class