Marathon CEO sees opportunity in banks’ woes

[Joelle]

Marathon CEO sees opportunity in banks’ woes
      

Marathon Asset Management, an $11 billion hedge fund and private equity group, is snapping up banks' assets "across the spectrum" at a big discount, from residential mortgages to commercial real estate loans to leveraged loans, Chief Executive Bruce Richards tells the Reuters Hedge Funds and Private Equity Summit.
Richards seems to have a keen sense of how badly [...]
         

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