Marathon Asset Management Appoints Diego Gradowczyk as New Co-Head of Emerging Markets

NEW YORK, Sept. 15, 2014 /PRNewswire/ -- Marathon Asset Management, a New York-based global investment advisor overseeing approximately $12.5 billion in assets, today announced that Diego Gradowczyk, former Head of Emerging Markets Trading at Barclays Plc, has joined the firm as a Senior Managing Director and co-Head of Emerging Markets.  In his new role, Gradowczyk will co-run the firm's emerging markets group with Partner and group co-Lead, Gabriel Szpigiel and be a member of the firm's executive committee.  Marathon also announced that it has added Andrew Szmulewicz, a former Executive Director at J.P. Morgan Chase in the Global Index Research Group, to its emerging markets team.

A focus of the firm since its inception in 1998, Marathon's Emerging Markets Group is comprised of a highly experienced global team of professionals in the firm's New York, London and Singapore offices.  The group takes an opportunistic, flexible approach to capitalize on the wide array of opportunities available across the different emerging market geographies, including Latin America, Eastern Europe and Asia.

"Emerging markets is one of our core competences and main strategic areas of focus," said Louis Hanover, co-Managing Partner and Chief Investment Officer for Marathon Asset Management.  "We are highly committed to continually looking for ways to strengthen this team to provide our clients with best-in-class investment opportunities.  Adding these two extremely accomplished individuals is a testament to this promise and will help us ensure we continue to deliver cutting-edge investment ideas in this space."

"We are very excited to announce the addition of Diego and Andrew, two very high-caliber investment professionals, to our emerging markets team," said Gabriel Szpigiel, Partner and Co-Head of Emerging Markets for Marathon Asset Management.  "Together, they will help us increase our franchise and investing capabilities in these geographical regions.  We look forward to integrating Diego and Andrew into our team and working with them to grow our business."

Gradowczyk added: "This is an amazing opportunity and I am extremely honored to join a world class firm like Marathon Asset Management.  Right now is an exciting time in emerging markets and I am greatly looking forward to working together with Gabriel and the rest of the team to help grow the firm's emerging markets business."

With more than two decades of experience working in the space, Gradowczyk brings a tremendous amount of emerging markets investing experience to Marathon.  After joining Barclays in 2001, he ran the firm's Emerging Markets Trading desk for nearly ten years.  Prior to Barclays, Gradowczyk was a partner and portfolio manager at Compass Group, a New York-based investment management firm focused on emerging markets.

Szmulewicz previously worked in J.P. Morgan Chase's Global Index Research group, where he contributed to many of the firm's emerging market indices, including being a key contributor to the CEMBI index.

About Marathon Asset Management

Marathon Asset Management is a New York-based global investment advisor with approximately $12.5 billion of capital under management.  The firm was found in 1998 by Louis Hanover and Bruce Richards and employees more than 140 professionals.  Its corporate headquarters are located in New York City and it has international offices in London and Singapore.  Marathon is a Registered Investment Adviser with the Securities and Exchange Commission.  For more information, please visit the company's web site at www.marathonfund.com.

Cautionary Statement Regarding Forward-Looking Statements

This report may contain written or oral "forward-looking statements" within the meaning of the U.S. federal securities laws.  All forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside Marathon Asset Management's control, which could cause actual results to differ materially from such statements. In particular, statements using words such as "may", "should", "estimate", "expect", "anticipate", "intend", "believe", "predict", "potential", or words of similar import generally involve forward-looking statements.  Marathon undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.  Readers are cautioned not to place undue reliance on these forward-looking statements, which are subject to significant uncertainties and speak only as of the date on which they are made.

Not an Offer

This communication is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or of any fund Marathon Asset Management manages or offers.

SOURCE Marathon Asset Management

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