Marathon Asset Management, L.P. (“Marathon”), a leading global credit investment manager, today announced that Curt Lueker has joined the firm as Managing Director, to lead the firm’s sponsor coverage and direct lending business. In addition, Mr. Lueker will become a member of the firm’s Investment Committee. Mr. Lueker joins Marathon as a highly experienced financial executive, having been an integral part of building middle market leveraged lending businesses during his career of nearly thirty years.
Mr. Lueker joins Marathon from Modern Bank where he served as Chief Lending Officer & Head of Commercial Markets, overseeing the Commercial & Industrial, Commercial Real Estate, Energy and Small Business lending lines. Before joining Modern Bank, Curt was at the Royal Bank of Scotland, Indosuez Capital and Bank of America, originating, executing and managing senior secured loans, mezzanine investments, equity co-investments and private equity fund commitments.
“Curt’s expertise and knowledge in direct lending is a welcome addition to our team as we further expand our direct lending business in North America,” said Bruce Richards, Co-Founder, Chairman and Chief Executive Officer: “Our core focus is to generate alpha for our clients by further developing our credit origination program and adding Curt to our team further demonstrates Marathon’s commitment to reinforcing our position as a leading credit manager.”
“I am excited to join the Marathon team to help build the direct lending business and provide private equity sponsors and their companies with creative capital solutions,” said Mr. Lueker. “Marathon’s reputation, track record, and deep bench of talent will enable us to further develop our leading direct lending business serving private equity sponsors and companies to meet their capital solutions. I look forward to extending credit for general corporate purposes, acquisition finance, recapitalizations and add-ons.”
Marathon’s direct lending strategy utilizes the strength of the firm’s 180 professionals across its global credit platform, a franchise that Marathon has built since its founding 25 years ago.
Marathon is a New York-based global investment advisor with over $20 billion of capital under management. The firm was founded in 1998 and is managed by Bruce Richards (Co-Founder & CEO) and Louis Hanover (Co-Founder & CIO) and employs more than 180 professionals. Its corporate headquarters are located in New York City and it has offices in London, Tokyo, Miami, Los Angeles and Luxembourg. Marathon is a Registered Investment Adviser with the Securities and Exchange Commission. For more information, please visit the company’s website at www.marathonfund.com.
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