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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001460233-09-000001.txt : 20090512
<SEC-HEADER>0001460233-09-000001.hdr.sgml : 20090512
<ACCEPTANCE-DATETIME>20090512131856
ACCESSION NUMBER:		0001460233-09-000001
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(7)
FILED AS OF DATE:		20090512
DATE AS OF CHANGE:		20090512
EFFECTIVENESS DATE:		20090512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Marathon Global Funds - International Equity Fund
		CENTRAL INDEX KEY:			0001460233
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L2
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-130864
		FILM NUMBER:		09817995

	BUSINESS ADDRESS:	
		STREET 1:		ARTHUR COX BUILDING
		STREET 2:		EARLSFORT TERRACE
		CITY:			DUBLIN
		STATE:			L2
		ZIP:			DUBLIN 2
		BUSINESS PHONE:		353-1-407-3609

	MAIL ADDRESS:	
		STREET 1:		ARTHUR COX BUILDING
		STREET 2:		EARLSFORT TERRACE
		CITY:			DUBLIN
		STATE:			L2
		ZIP:			DUBLIN 2
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0301</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001460233</cik>
        <entityName>Marathon Global Funds - International Equity Fund</entityName>
        <issuerAddress>
            <street1>ARTHUR COX BUILDING</street1>
            <street2>EARLSFORT TERRACE</street2>
            <city>DUBLIN</city>
            <stateOrCountry>L2</stateOrCountry>
            <zipCode>DUBLIN 2</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>353-1-407-3609</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>L2</jurisdictionOfInc>
        <entityType>Other</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2008</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>See Clarification</firstName>
                <middleName></middleName>
                <lastName>See Clarification</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>J. P. Morgan House</street1>
                <street2>International Financial Service Centre</street2>
                <city>Dublin</city>
                <stateOrCountry>L2</stateOrCountry>
                <zipCode>Dublin 1</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>JP Morgan Bank (Ireland) plc, as Trustee</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Neil</firstName>
                <middleName>M.</middleName>
                <lastName>Ostrer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Orion House</street1>
                <street2>5 Upper St. Martin's Lane</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>WC2H 9EA</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>See Clarification</firstName>
                <middleName></middleName>
                <lastName>See Clarification</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Orion House</street1>
                <street2>5 Upper St. Martin's Lane</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>WC2H 9EA</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Marathon Asset Management LLP, Investment Adviser and Promoter</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>See Clarification</firstName>
                <middleName></middleName>
                <lastName>See Clarification</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Arthur Cox Building</street1>
                <street2>Earlsfort Terrace</street2>
                <city>Dublin</city>
                <stateOrCountry>L3</stateOrCountry>
                <zipCode>Dublin 2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Marathon Asset Management (Ireland) Limited, Manager and Distributor</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Carl</firstName>
                <middleName></middleName>
                <lastName>O'Sullivan</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Arthur Cox Building</street1>
                <street2>Earlsfort Terrace</street2>
                <city>Dublin</city>
                <stateOrCountry>L2</stateOrCountry>
                <zipCode>Dublin 2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName></middleName>
                <lastName>Shubotham</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Bardstown Ltd</street1>
                <street2>12 Merrion Square</street2>
                <city>Dublin</city>
                <stateOrCountry>L2</stateOrCountry>
                <zipCode>Dublin 2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jeremy</firstName>
                <middleName>J.</middleName>
                <lastName>Hosking</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Orion House</street1>
                <street2>5 Upper St. Martin's Lane</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>WC2H 9EA</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Other Investment Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>$5,000,001 - $25,000,000</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-03-02</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Units of a Unit Trust</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>500000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>39000000</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>221148</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>Investment Manager receives a base fee and may receive a performance fee.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Marathon Global Funds - International Equity Fund</issuerName>
                <signatureName>Jeremy J. Hosking</signatureName>
                <nameOfSigner>Jeremy J. Hosking</nameOfSigner>
                <signatureTitle>Director of Manager, Marathon Asset Mgmt (Ireland) Limited</signatureTitle>
                <signatureDate>2009-05-12</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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