Marathon Asset Management has named Alex Howell as a senior managing director and as head of European alternative credit. Howell has also joined the firm’s investment committee.
Howell will be responsible for leading public investments, corporate capital solutions, special situations and direct lending in Europe.
On his new appointment, Howell said, “I’m excited to join Marathon to help grow the firm’s European business and reinforce its position as a leading global credit manager. The firm’s ability to generate alpha across corporate, asset backed and structured credit, combined with its sector expertise in areas such as real estate and life sciences, enable us to offer a suite of creative public and private credit solutions for corporates and sponsors alike.”
Howell joins Marathon after almost 11 years at Blackstone Credit and GSO Capital, where he made numerous investments across the capital structure in its public and private credit strategies. During that time, Howell’s roles included leading the UK geography for Blackstone’s private credit strategies across direct lending, capital opportunities and capital solutions. He most recently served as head of opportunistic credit and capital markets for Europe and APAC. Before joining Blackstone, Howell worked at Lehman Brothers and Nomura in mergers and acquisitions and then in fixed income analysing investments on the firms’ credit trading desks.
Marathon co-founder, chair and CEO, Bruce Richards, said, “As Marathon grows its corporate credit business in Europe, Alex’s experience investing across the capital structure in private and public credit, combined with his deep relationships in the advisory, sponsor and banking communities, make him a valuable addition to our leadership team.
“Our core focus is generating alpha for our clients through differentiated investment opportunities and solutions. Alex’s hiring further demonstrates our commitment to that focus,” Richards added.
Marathon is a New York-based global investment advisor investing in the public and private credit markets with more than $22 billion of capital under management.
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