AltMountain

Marathon CLO XI LTD.

Organized in Cayman Islands · Advised by Marathon Asset Management, L.P. · Private fund ID 805-3149144613
Securitized asset fundOffshore

Marathon CLO XI LTD. is a securitized asset fund organized in Cayman Islands and advised by Marathon Asset Management, L.P. Its adviser reported $497,295,936 in gross assets for the fund on Form ADV, filed Nov 14, 2024. It reported 15 beneficial owners, about 63% of it owned by non-U.S. persons. The minimum investment it accepts is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.

Gross assets
$497,295,936As reported on Form ADV
Beneficial owners
15
Minimum investment
$250,000
Who can invest
Qualified purchasersSection 3(c)(7)
Fund type
Securitized asset fund
Domicile
Cayman Islands
Custodian
U.S. Bank
Adviser
Marathon Asset Management, L.P. · New York, NY · CRD 124613
Reported on
Nov 14, 2024Adviser's Form ADV

From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Marathon CLO XI LTD.

What is the minimum investment for Marathon CLO XI LTD.?

According to its adviser's Form ADV filed Nov 14, 2024, the minimum investment Marathon CLO XI LTD. accepts is $250,000.

Who can invest in Marathon CLO XI LTD.?

Marathon CLO XI LTD. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).

How large is Marathon CLO XI LTD.?

Its adviser reported $497,295,936 in gross assets on Form ADV filed Nov 14, 2024. Gross assets include borrowed money and are not the same as net assets or performance.

Who manages Marathon CLO XI LTD.?

Marathon CLO XI LTD. is advised by Marathon Asset Management, L.P., based in New York, NY.

Other funds advised by Marathon Asset Management, L.P.