Credit Specialist Marathon Adds Three Partners

Sep 19 2011 | 3:02pm ET

New York-based Marathon Asset Management has added three new partners.

They are: Stuart Goldberg, senior portfolio manager in the structured credit group; Jake Hyde, senior portfolio manager in the corporate credit group; and Andrew Springer, senior portfolio manager in the structured credit group. All three are members of the firm’s executive committee.

Goldberg, with 23 years’ experience in the fixed-income space, co-heads the firm’s structured credit group, which focuses on principal investments in various securitized asset classes including asset backed securities, residential mortgage backed securities and commercial mortgage backed securities.

Hyde has 17 years’ experience across the corporate, structured and mortgage asset classes.

Springer, the other co-head of Marathon’s structured credit group, has 24 years of experience analyzing, underwriting and purchasing mortgage assets and structured credit.

Said Richards: “We are delighted to recognize Andy, Jake and Stu’s many contributions to Marathon over the years. These appointments further demonstrate the breadth of our leadership team. We believe our existing and new partners’ long tenure together and commitment to our clients will allow us to continue to deliver the highest quality of service and alignment of interests for our investors across the globe.”

Founded in 1998 by Bruce Richards and Louis Hanover, Marathon has approximately $10 billion of capital under management and employs 125 people in offices in New York, London and Singapore.

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