Bruce Richards is the Founder, CEO, and Chairman of Marathon Asset Management, a leading global asset manager specializing in public and private credit markets. He is responsible for general oversight of the $17 billion the firm manages on behalf of its institutional investors. He also leads Marathon’s Executive Committee, a team of senior professionals, as well as Marathon’s Investment Committee, responsible for approving principal investments. Prior to 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.
CURRENT AFFILIATIONS
Board Member, R Baby Foundation
Board Member, The University System of Maryland (USM) Foundation
Richards co-founded Marathon with Louis Hanover in January 1998. The firm focuses on the global credit markets, specifically corporate debt and the structured debt markets.
Today, his day-to-day presence is critical in maximizing Marathon's synergies and leveraging the intellectual capital throughout Marathon.
The firm employs all-weather strategies that invest globally across asset classes, industry sectors, and capital structures.
EARLY CAREER
At Donaldson, Lufkin & Jenrette, he was head of a trading desk responsible for principal investments and market making.
Richards also worked at Shearson Lehman Hutton ('Lehman Brothers') as a trader in their Fixed Income Division, after starting his career at Paine Webber.
RECOGNITIONS
2017 CFA Society’s Humanitarian Award
2014 Help for Children | Hedge Fund Cares’ Award for Caring
R Baby Foundation’s Philanthropic Leadership Award
MEDIA & APPEARANCES
Richards is frequently featured in The Wall Street Journal, CNBC, and Bloomberg.