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Private Credit

John Hancock Marathon Asset-Based Lending Fund

Formation2022
CategoryInterval Fund
Net Assets

$250.7M

NAV YoY

+42%

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Reported as of October 2025

Principal Portfolio Holdings

HoldingValueAllocation
JH LIFTCO LLC 20340314 00001.0000000000
$11.9M4.73%
MSN 803 TRUST
$9.0M3.57%
JH RAIL LLC
$8.5M3.40%
Proprietary Exposure
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Proprietary Exposure
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About This Fund

The John Hancock Marathon Asset-Based Lending Fund is a closed-end registered investment vehicle managed by John Hancock Investment Management with Marathon Asset Management as subadvisor. It focuses on asset-based lending investments across healthcare, transportation, real estate, and consumer credit sectors. The fund emphasizes proprietary sourcing with primarily domestic focus while also investing internationally. Exposure includes secured loans, royalty-backed credit, and liquid securitized products. The fund offers quarterly limited liquidity and targets high current income with capital appreciation.