Blackstone Sells Minority Stake in Marathon to CVC

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February 23, 2026

Blackstone Sells Minority Stake in Marathon to CVC

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• Paul, Weiss is advising Blackstone Strategic Partners in the sale of its interest in Marathon Asset Management. • The sale is related to CVC’s $1.2 billion cash-and-equity acquisition of Marathon Asset Management. • The Paul, Weiss team is led by corporate partners Udi Grofman, Matthew Collin, and David Hepp, with tax partner Reuven Garrett.

Paul, Weiss is advising Blackstone Strategic Partners in the sale of its interest in Marathon Asset Management, a leading global credit manager. The sale is in connection with CVC’s $1.2 billion cash-and-equity acquisition of Marathon. The Paul, Weiss team is led by corporate partners Udi Grofman, Matthew Collin and David Hepp, and includes tax partner Reuven Garrett.

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Blackstone Sells Minority Stake in Marathon to CVC

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