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Fundraising - AUGUST 17, 2017

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Marathon Asset Management launches new debt fund

by Jody Barhanovich

Marathon Asset Management has launched Marathon Real Estate Debt Fund, according to a filing with the SEC.

Marathon Real Estate Debt Fund is a new closed-end real estate fund that invests in debt secured by global properties. The fund has raised $215 million in equity commitments to date, according to the filing. No fundraising target was announced.

Marathon Asset Management is a global credit manager that opportunistically invests in the global credit markets. The firm has approximately $13 billion of capital under management.

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