Marathon’s Raisman Expects ‘Slow Grind’ of Low Growth, Inflation

An economy with more restrained capital, nagging inflation and weak growth will create ample distressed investing opportunities, according to Randy Raisman, managing director at Marathon Asset Management.

“I think we’re in for a slow grind,” Raisman said during a Tuesday panel at The Brink Live, a distressed debt event hosted by Bloomberg. He anticipates the economy entering a period of low growth with persistent inflation, which will create a long and “nice little runway” for distressed opportunities, both in lending and within the secondary market.

The higher interest rate environment may also give rise to opportunities in the ...