CVC Marathon, a leading global Private and Public Credit manager and part of the CVC Group, today announced the promotion of Karen Lau to Partner. Ms. Lau is the Portfolio Manager of CVC Marathon’s CLO & Leveraged Loans investment program.

“Karen’s promotion to Partner reflects her strong investment track record, deep expertise across the leveraged credit markets, and leadership within our CLO & Leveraged Loans team,” said Bruce Richards, Managing Partner and Head of CVC Marathon. “Her investment acumen, sound judgment, and strong asset management discipline have contributed meaningfully to the continued success and growth of our platform, and we are pleased to recognize her accomplishments with this well-deserved promotion.”

“I am honored to become a Partner at CVC Marathon and grateful for the confidence Bruce, Lou, and the broader team have placed in me,” said Ms. Lau. “I look forward to continuing to grow our credit business, drawing on the depth and experience of our team to further develop our client base, identify compelling investment opportunities, and deliver attractive risk-adjusted returns for our clients.”

“Karen has been an important contributor to CVC Marathon and the continued growth of our leveraged credit business,” said Louis Hanover, Chief Investment Officer of CVC Marathon. “Karen’s promotion is well-deserved recognition of her leadership and contributions to the firm, as we look forward to her continuing to deliver strong results on behalf of our clients.”

Ms. Lau joined CVC Marathon in 2022 and has extensive experience investing across the leveraged credit markets. Prior to joining the firm, she held investment roles at Blackstone, TPG, and Onex.

About CVC Marathon

CVC Marathon is a leading global Private and Public Credit manager and is part of the CVC Group, a leading private markets manager with over $80 billion of AUM in Credit globally. Prior to its acquisition by entities controlled by CVC Capital Partners plc on July 1, 2026, the firm was known as Marathon Asset Management, which was founded by Bruce Richards and Louis Hanover in 1998.

CVC Marathon invests through a broad platform of credit-focused strategies, including Asset-Based Lending, Direct Lending, Opportunistic Credit, and Multi-Asset Public Credit encompassing Structured Credit, High Yield, Leveraged Loans, and Emerging Market Debt.

CVC Marathon's professionals have deep expertise across industries, asset classes, and capital structures within the global credit markets.

For additional information, please visit www.marathonfund.com

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