DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

M•••••••••

Other adviserLondon, CRD 132391SEC 801-63397websiteIAPD
Legal name M••••••• A•••• M••••••••• L••••••
Latest filing May 5, 2026
First filing on the tape Mar 27, 2012 · 32 filings
SEC status approved since Sep 9, 2004
RAUM
$39B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
74
16 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
8
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$39B as of May 5, 2026
May 14, 2012$55B then
HNW client RAUM$0 as of May 5, 2026
Jun 27, 2018$0 then
State-registered IARs (5.B.3)0 as of May 5, 2026
Apr 23, 20130 then
Employees (5.A)74 as of May 5, 2026
Apr 23, 201380 then
Private funds8 as of May 5, 2026
May 14, 201210 then
RAUM -4.1% over the last fiscal year-9.1% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 5, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$781MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
49%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-8.1%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$11B28%
  • State and municipal entities$9.8B25%
  • Investment companies$8.9B23%
  • Charitable organizations$5.4B14%
  • Sovereign wealth funds$2.1B5.4%
  • Pension and profit-sharing plans$1.4B3.6%
  • Insurance companies$232M0.6%
  • Corporations and businesses$117M0.3%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
7reported
Charitable clients
n/areported
Accounts
50reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.51 institutional_share=0.49 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      16 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      T•• M••••••••• I••••••••• F••• O• T•• M••••••••• G•••• T•••• F•• E••••••• B•••••• P••••Other Private Fund$4.5B25Mar 27, 2012
      T•• M••••••••• I••••••••• I••••••••• T•••• I•Other Private Fund$3.0B64Mar 27, 2012
      M••••••• G••••• F••• P••no longer reportedOther Private Fund$1.5B26Mar 27, 2012
      M••••••• U•••• F••• • I••••••••• E••••• F•••Other Private Fund$700M23Mar 27, 2012
      M••••••• U•••• F••• • J•••• E••••• F•••Other Private Fund$647M9Mar 27, 2012
      M••••••• V••••• J•••• F••• L••no longer reportedHedge Fund$446M11Mar 27, 2012
      M••••••• U•••• F••• • E••••••• E••••• F•••no longer reportedOther Private Fund$313M4Mar 27, 2012
      M••••••• U•••• F••• • G••••• E••••• F•••Other Private Fund$308M10Aug 24, 2021
      T•• M••••••••• G••••• F••• O• T•• M••••••••• P••••• T••••Other Private Fund$254M2Mar 27, 2012
      T•• M••••••••• G••••• O••••••••• I••••••••• T••••Other Private Fund$182M2Oct 11, 2019
      M••••••••• E••••••• M•••••• I••••••••• T••••Other Private Fund$141M3Jan 6, 2017
      T•• M••••••••• G••••• E• U••• F••• O• T•• M••••••••• G•••• T•••• F•• E••••••• B•••••• P••••no longer reportedOther Private Fund$68.4M2Mar 27, 2012
      T•• M••••••••• G••••• I••••••••• T•••• I•no longer reportedOther Private Fund$55.2M3Mar 27, 2012
      M••••••• U•••• F••• • E••••••• M•••••• E•••••no longer reportedOther Private Fund$53.4M3Jun 1, 2015
      M••••••••• I••••••••• S•••• C•• I••••••••• T••••no longer reportedOther Private Fund$12.8M1Aug 24, 2020
      T•• M••••••••• A•• C•••••••• W•••• E• U• I••••••••• T••••Other Private Fund$5.8M2Jun 25, 2020
      Owners and control persons
      Schedule A and B, latest filing
      • A•••• W••••••• J•••• · Directorcontrol
        since 11/2003 · owns 75% or more
      • C•••••• C••••••• R•••••• · Managing Directorcontrol
        since 12/2019 · owns less than 5%
      • D•••••• J••• M••••• · Managing Directorcontrol
        since 12/2019 · owns less than 5%
      • H••••••• J•••••• J••• · Retired Non-Executive Shareholdercontrol
        since 12/2012 · owns less than 5%
      • O•••••• N•••• M••• · Non-Executive Directorcontrol
        since 04/2024 · owns less than 5%
      • A•••• W••••••• J•••• · Beneficiarycontrol
        since 02/1987 · owns 75% or more of T•• W••••••• O••••••• T••••
      • H••••••• J•••••• J••• · Beneficiarycontrol
        since 10/1986 · owns 75% or more of T•• J••••••••• O••••••• T••••
      • B••••••• J••••• R•••••• · Chief Risk And Compliance Officer
        since 10/2013 · owns less than 5%
      • B••••••••• J••••• J••• · Chief Financial Officer
        since 04/2020 · owns less than 5%
      • G••••••••• D•••••• L••• · Non-Executive Director
        since 04/2024 · owns less than 5%
      • H••••••• R•••••• C•••••• · Chair
        since 08/2023 · owns less than 5%
      • H••••••••• C••••• · General Counsel
        since 08/2021 · owns less than 5%
      • T••••• A•••• E••••• · Non-Executive Director
        since 10/2022 · owns less than 5%
      Entity owners
      • M•••• I••••••••• L•• · Shareholder
        direct · owns 10% to 25%
      • N••• M••• O••••• · Shareholder
        indirect · owns 25% to 50% of M•••• I••••••••• L••
      • S• K••••••••• H•••••• B••• ••• L•••••• · C•••••••• T••••••
        indirect · owns F of T•• J••••••••• O••••••• T••••
      • T•• J••••••••• O••••••• T•••• · Trust
        indirect · owns 25% to 50% of M•••• I••••••••• L••
      • T•• W••••••• O••••••• T•••• · Trust
        indirect · owns 25% to 50% of M•••• I••••••••• L••
      • V• C•••••••• T•••••• L•••••• · C•••••••• T••••••
        indirect · owns F of T•• W••••••• O••••••• T••••
      Related persons
      Schedule D 7.A
      • M••••••• A•••• M••••••••• ••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 17 to 16
        Jan 28, 2026 to May 5, 2026
      • Pension plan clients · 10 to 7
        Jan 28, 2026 to May 5, 2026
      • Pooled vehicle clients · 19 to 18
        Jan 28, 2026 to May 5, 2026
      • Employees · 77 to 74
        Jan 28, 2026 to May 5, 2026
      • Discretionary RAUM · $37B to $39B
        Jan 28, 2026 to May 5, 2026
      • Pension RAUM · $1.8B to $1.4B
        Jan 28, 2026 to May 5, 2026
      • Pooled vehicle RAUM · $12B to $11B
        Jan 28, 2026 to May 5, 2026
      • RAUM · $37B to $39B
        Jan 28, 2026 to May 5, 2026
      • Accounts · 55 to 50
        Mar 25, 2025 to May 16, 2025
      • Advisory employees · 18 to 17
        Mar 25, 2025 to May 16, 2025
      • Pension plan clients · 13 to 10
        Mar 25, 2025 to May 16, 2025
      • Employees · 80 to 77
        Mar 25, 2025 to May 16, 2025
      • Financial planning clients · unset to
        Mar 25, 2025 to May 16, 2025
      • Private funds · 9 to 8
        Mar 25, 2025 to May 16, 2025
      • Discretionary RAUM · $41B to $37B
        Mar 25, 2025 to May 16, 2025
      • Pension RAUM · $2.5B to $1.8B
        Mar 25, 2025 to May 16, 2025
      • Pooled vehicle RAUM · $14B to $12B
        Mar 25, 2025 to May 16, 2025
      • RAUM · $41B to $37B
        Mar 25, 2025 to May 16, 2025
      • HQ state · unset to
        May 16, 2024 to Mar 25, 2025
      • Accounts · 57 to 55
        May 31, 2023 to May 16, 2024
      • Advisory employees · 17 to 18
        May 31, 2023 to May 16, 2024
      • Pension plan clients · 15 to 13
        May 31, 2023 to May 16, 2024
      • Employees · 76 to 80
        May 31, 2023 to May 16, 2024
      • Discretionary RAUM · $41B to $41B
        May 31, 2023 to May 16, 2024
      • Pension RAUM · $3.5B to $2.5B
        May 31, 2023 to May 16, 2024
      • Pooled vehicle RAUM · $15B to $14B
        May 31, 2023 to May 16, 2024
      • RAUM · $41B to $41B
        May 31, 2023 to May 16, 2024
      • Related adviser · true to false
        May 31, 2023 to May 16, 2024
      • Accounts · 69 to 57
        May 27, 2022 to May 31, 2023
      • Advisory employees · 15 to 17
        May 27, 2022 to May 31, 2023
      • Pension plan clients · 20 to 15
        May 27, 2022 to May 31, 2023
      • Pooled vehicle clients · 21 to 19
        May 27, 2022 to May 31, 2023
      • Employees · 85 to 76
        May 27, 2022 to May 31, 2023
      • Discretionary RAUM · $52B to $41B
        May 27, 2022 to May 31, 2023
      • Pension RAUM · $5.6B to $3.5B
        May 27, 2022 to May 31, 2023
      • Pooled vehicle RAUM · $19B to $15B
        May 27, 2022 to May 31, 2023
      • RAUM · $52B to $41B
        May 27, 2022 to May 31, 2023
      • Accounts · 75 to 69
        Aug 24, 2021 to May 27, 2022
      • Advisory employees · 18 to 15
        Aug 24, 2021 to May 27, 2022
      • Pension plan clients · 24 to 20
        Aug 24, 2021 to May 27, 2022
      Signals
      3 dated events
      • Marathon-London reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Aug 24, 2021 · Succession (Item 4) · fact
      • Marathon-London reported RAUM $57.0B, up 26% from $45.3B (2020-08-24 to 2021-04-30)
        Apr 30, 2021 · RAUM change · derived
      • Marathon-London reported RAUM $45.3B, down 30% from $64.5B (2019-10-11 to 2020-06-25)
        Jun 25, 2020 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/marathon-asset-management-ltdreportedpublic record, Form ADV, Sep 18, 2026
      Website
      thecapitalcycle.co.ukreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      44 20 7497 2211reportedpublic record, Form ADV, May 5, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Other adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026