Marathon
Venture capitalActively deployingHunt Valley Β· 1 people tracked
Also known as Marathon Capital Management Llc
β¨ Fox Verdict
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Marathon is a venture fund manager based in Hunt Valley. SEC filings show 1 venture fund on record, most recently 776 Marathon Fund I, L.P. ($100M offering) filed January 2026.
Source: SEC EDGAR Form D filings. Firm website data not yet available.
HQ
Hunt Valley, MD, US
Founded
2025
Team Β· 1 people
from public directoriesKristina FrancisΒ· Angel
Fund performance Β· per public LP disclosures Β· 13
as of Dec 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Marathon Distressed Credit Fund IILPs: Minnesota State Board of Investment | 2023 | β | 11.8% | 1.11x | 0.12x |
| Marathon Secured Private Strategies Fund IIILPs: Minnesota State Board of Investment | 2022 | β | 8.0% | 1.14x | 0.00x |
| Marathon Centre Street Partnership, L.P. - Asset ClassLPs: New York City Board of Education Retirement System | 2020 | β | 10.2% | 1.36x | 0.36x |
| Marathon Centre Street Partnership, L.P. - Asset Class - Subsequent CommitmentLPs: New York City Board of Education Retirement System | 2020 | β | 4.3% | 1.14x | 0.89x |
| Marathon Distressed Credit FundLPs: Minnesota State Board of Investment | 2020 | β | 10.1% | 1.38x | 0.80x |
| Marathon Secured Private Strategies Fund IILPs: Minnesota State Board of Investment | 2019 | β | 10.8% | 1.59x | 0.88x |
| Marathon Currituck Series DLPs: North Carolina Retirement Systems | 2016 | β | 8.1% | 1.32x | 0.36x |
| Marathon Currituck Fund, LPLPs: North Carolina Retirement Systems | 2014 | β | 3.7% | 1.40x | 0.11x |
| Marathon European Credit Opportunity Fund, LPLPs: Connecticut Retirement Plans and Trust Funds | 2013 | β | 8.8% | 1.30x | 1.30x |
| Marathon European Credit Opportunities Fund IILPs: Florida State Board of Administration | 2001 | β | 7.5% | 1.39x | 1.39x |
| Marathon CLO Equity Fund, L.P.LPs: Texas Municipal Retirement System, Michigan Municipal Employees' Retirement System | β | β | 2.0% | 1.10x | 0.94x |
| MARATHON CTR ST PARTNERSHIP BLPs: New York City Board of Education Retirement System | β | β | β | 1.29x | β |
| Marathon European Credit Opportunity Fund III, LPLPs: Texas Municipal Retirement System | β | β | 5.3% | 1.39x | 0.87x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- Where is Marathon located?
- Marathon is headquartered in Hunt Valley, US.