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Bruce Richards is the Co-Founder, Chairman, and Chief Executive Officer of Marathon Asset Management. Richards is responsible for general oversight of the $12.7 billion the firm manages on behalf of its institutional investors. He also leads the firm’s Executive Committee and is a member of its Investment Committee. Richards' day-to-day presence is critical in maximizing Marathon's synergies and leveraging the intellectual capital throughout Marathon.
Richards co-founded Marathon with Louis Hanover in January 1998. The firm focuses on the global credit markets, specifically corporate debt (both performing and distressed debt) and the structured debt markets. Marathon employs 145 professionals and maintains its headquarters in New York, with investment offices in London and Singapore.
Prior to founding Marathon, Richards worked on Wall Street for 15 years, including 10 years as a Managing Director in the fixed income divisions of Smith Barney and Donaldson, Lufkin & Jenrette where he was head of a trading desk responsible for principal investments and market making.
In March 2014, Richards received the Help for Children | Hedge Fund Cares’ Award for Caring for his strong commitment to philanthropy. He has also been honored by the UJA Federation of New York and HELP USA and received the Boomer Esiason Foundation’s Most Valuable Player Award and the R Baby Foundation’s Philanthropic Leadership Award. Richards serves on the boards of The University System of Maryland (USM) Foundation.
Richards received his B.A. in Economics, summa cum
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1998
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101-250
Finance, Emerging Markets, Real Estate
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Profile Resume
Bruce Richards is the Co-Founder, Chairman and Chief Executive Officer at Marathon Asset Management, based in New York, United States, North America. With a background in Finance, Bruce Richards has a rich history of leadership and innovation. Explore their detailed professional journey, key connections, and contributions to the industry on our platform.
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Annouced Date | Organization Name | Funding Round | Money Raised |
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Oct 28, 2021 | Cover | Series B - Cover | 60.0M |
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