Marblegate Asset Management Welcomes Suleman Lunat as New Managing Director

Marblegate Asset Management Welcomes Suleman Lunat

NEW YORK, Aug. 7, 2025 – Marblegate Asset Management, renowned for its focus on middle market alternative investments involving distressed and special situations, has recently appointed Suleman Lunat as its Managing Director. This strategic hire aims to bolster the firm’s capabilities in investment research, restructuring, and value creation initiatives as the firm anticipates an increase in capital deployment opportunities related to middle market companies needing significant restructuring.

In his new role, Lunat will utilize his extensive expertise to enhance Marblegate’s sourcing and operational capacities that directly contribute to achieving competitive advantages in a challenging financial landscape. Andrew Milgram, Marblegate's Managing Partner and Chief Investment Officer, has expressed unwavering confidence in Lunat’s prowess, referring to him as “an incredibly creative and incisive investment mind.” Milgram highlighted Lunat's impressive track record over the past three decades, emphasizing that his experience in managing complex transactions aligns perfectly with Marblegate's strategic vision.

According to Lunat, being a successful opportunistic investor requires not just a contrarian outlook but also an operational mindset that can navigate the complexities of creating value where traditional investors may overlook. He stated, “Marblegate is well-known for this approach, and I am excited to join Andrew and Paul in leading their incredibly creative and talented team.”

Lunat brings a wealth of experience to Marblegate. Before this appointment, he served as the Head of Private Investments and Special Situations at Brean Asset Management from 2019 until 2023. His previous roles include co-founding M3 Partners and serving as Principal at Apollo Global Management, where he oversaw significant investments in special situations and was integral in various restructuring initiatives.

Marblegate Asset Management: A Leader in Distressed Investments
Marblegate Asset Management currently manages over $3 billion in assets, focusing on alternative investment strategies tailored to distressed and special opportunities within the middle market. The firm emphasizes using its in-house financial and operational restructuring expertise to revitalize companies and create substantial value.

Through its expansive mandate and direct sourcing capabilities, Marblegate uncovers investment opportunities regardless of market conditions. Their flexible strategy allows them to engage in various distressed scenarios, including bankruptcies, turnarounds, and special financings, ranging from DIP (Debtor-in-Possession) to litigation financing. This innovative approach positions Marblegate effectively to deliver favorable outcomes for investors even in the most challenging environments.

As middle-market companies face increasing pressures, the recruitment of seasoned professionals like Suleman Lunat enables Marblegate to reinforce its commitment to unlocking hidden value in problematic assets. Lunat’s experience will enhance the firm's reputation as a thought leader in navigating the complex dynamics of distressed investments. By tapping into Lunat’s profound understanding of the market, Marblegate aims to maintain its trajectory of delivering differentiated returns and foster long-term growth for its investors.

For more details regarding Marblegate Asset Management, please visit their official website or LinkedIn page for insights into current investment strategies and opportunities.