Marathon Asset Management, a global asset manager specializing in private and public credit, has announced that it has broadened access to its long-established asset-based lending (ABL) strategy on iCapital Marketplace.
This expanded presence on iCapital provides the wealth management community with another access point into Marathon’s ABL program. Built throughout two decades, the program focuses on investments secured by hard assets such as airplanes, railcars, commercial and residential real estate, healthcare and other types of mission-critical property, plant and equipment.
Ed Cong, partner and portfolio manager of asset-based lending at Marathon Asset Management, said, “Asset-based lending is a multitrillion-dollar market that remains an underpenetrated segment of private credit and a key growth driver for the asset class. … We believe ABL offers robust cash flows backed by real assets, resulting in a differentiated and noncorrelated return profile.”
