NEW YORK (Reuters) - Wall Street investment banks face a period of contraction and challenge for as long as 18 months, as markets take time to adjust to a flood of distressed corporate and real estate assets, Marathon Asset Management Chief Executive Bruce.
Marathon Asset Management boss Bruce Richards is gearing up for the next global recession, which he reckons could be less than two years away. The chief executive officer of the credit hedge-fund firm is planning a new distressed fund to take advantage of.
When the hedge fund manager Daniel S. Och called Bruce J. Richards, chief executive of Marathon Asset Management, it was not to discuss the latest gossip around their building, 15 Central Park West, which is home to several Wall Street heavyweights.
NEW YORK--(BUSINESS WIRE)--MARATHON ASSET MANAGEMENT (“Marathon”) announced today that ... Bruce Richards, Co-Founder and CEO said, “We are delighted with Blackstone’s commitment to Marathon as we continue to build our franchise and serve our.
AMSTERDAM (Reuters) - U.S. credit hedge fund Marathon Asset Management sees buying opportunities in British non-performing loans as Britain's economy slows down following its vote to leave the European Union, the fund's chief executive said on Thursday.
advisor Marathon Asset Management L.P., said it has appointed Jamie Raboy, its global head of risk management, as partner. Raboy has been with New York-based Marathon since its inception in 1998 and serves on the executive board of the firm, which.
Bruce Jeffrey Richards 2 Relationships Chief Executive Officer ... Global Head of Risk Management and Senior Managing Director-- Richard Keith Ronzetti No Relationships Partner, Global Head of Investment Analysis & Asset Management and Global Head of.
A unit of Blackstone Group has bought a stake in $12.75 billion event-driven hedge fund manager Marathon Asset Management. The investment will ... co-founder and CEO in a statement. “Aligning with the preeminent alternative manager in the world positions.
This refinancing enhances our current cash balance position and allows the Company to extend its cash runway by obtaining a three year interest-only payment period," stated Adam Grossman, President and Chief Executive Officer of ADMA. The description of.