Marathon Asset Management, Webster Near Private Credit Tie-Up

-- Marathon Asset Management and Webster Financial Corp. are nearing a private credit partnership, according to people with knowledge of the matter, the latest in a string of tie-ups between direct lenders and traditional banks in the growing $1.7 trillion asset class.Biden Party Allies Close Ranks as Poll Signals Voter Concern

Marathon, led by managing partners Bruce Richards and Lou Hanover, this year hired Brian Dolan as a managing director for its direct lending team, which is led by Curtis Lueker. Stamford, Connecticut-based Webster has a market capitalization of $7.5 billion. Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says

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Marathon Asset Management, Webster Near Private Credit Tie-UpMarathon Asset Management and Webster Financial Corp. are nearing a private credit partnership, according to people with knowledge of the matter, the latest in a string of tie-ups between direct lenders and traditional banks in the growing $1.7 trillion asset class.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Lazard Hunts for Private-Credit Acquisition to Boost Asset ManagementLazard Inc. is weighing several opportunities to acquire a private-credit firm that would help expand its $250 billion asset-management arm, becoming the latest Wall Street bank to seek inroads in the buzzy sector.
Source: BNNBloomberg - 🏆 83. / 50 Read more »