Yang Xu

Investment Banking

Yang Xu, Vice President, is based in Marathon Capital’s Chicago office. He is responsible for executing M&A and capital raise engagements in the renewable energy and power sectors, conducting due diligence, and supporting Marathon Capital’s relationship management responsibilities.​

Since joining Marathon Capital in 2022, Yang has advised on a range of capital raising and M&A transactions across the renewable energy, power, and broader energy transition space. Selected transactions include debt raising and PTC sale for a 306 MW utility-scale solar project in ERCOT developed by Ashtrom Group, the sale and tax equity raise for a 174 MW BESS project near Houston to Tokyo Gas America, and debt and tax equity raising for a 300 MW utility-scale solar project developed by Earthrise Energy in MISO.​

Prior to Marathon Capital, Yang was an Investment Associate at China Great Wall Asset Management Corp. He was in charge of conducting due diligence, preparing financial model, and doing post-investment management for equity investment and distressed asset restructuring projects. ​

Yang received an MBA with distinction from Cornell University and a BS from Jilin University. He is a CFA charter holder and holds Series 63 and 73 licenses.​